NEW YORK—Covington advised A+E Networks® in its strategic partnership with Range Media Partners. The transaction included an equity investment by A+E, names A+E Studios as co-production partner for scripted television projects, and secures a first-look deal for A+E’s nonfiction television creation unit.
The partnership is expected to accelerate the global growth of A+E Networks and the expansion of Range Media Partners services in several ways, including developing the project pipeline for A+E Studios and A+E Networks’ Nonfiction Content Creation Unit (comprised of Category 6 Media and Six West Media) by aligning Range clients with strategic partnership opportunities. Additionally, the partnership will address the growing desire for music-related unscripted projects, and grant Range Music the ability to provide high quality music services for A+E content and soundtrack needs.
A+E Networks is a global content company that includes A&E®, Lifetime®, The HISTORY Channel™, LMN®, FYI®, and VICE TV®. A+E Networks’ portfolio extends across platforms and genres with a scripted production division, A+E Studios™; unscripted production studios, Six West Media™ and Category 6™; and independent film unit, A&E IndieFilms®. A+E Networks Digital™ includes watch apps, games, FAST channels, AVOD, and SVOD products, including Lifetime Movie Club® and HISTORY Vault®; and podcasts such as History This Week™. A+E Consumer Enterprises™ includes experiential/branded live events such as HISTORYTalks™; Alien Con™ and an E-commerce division. A+E Networks International® includes global branded channels, content distribution, and co-productions. A+E Networks’ content reaches more than 335 million households in over 200 territories in 41 languages. A+E Networks is a joint venture of Disney-ABC Television Group and Hearst.
Range Media Partners was founded in September 2020 with the mission of partnering with the world’s most creatively ambitious minds to build cultural capital, consisting of a strategically curated group of leaders across talent representation, production, brand storytelling, and venture strategy. Its clientele spans film, television, music, literary, tech, and activism.
The Covington team included Adrian Perry, Joseph Gangitano, Valerie Etienne, Priscilla Combari, and Merissa Pico (corporate), Ansgar Simon and Jon Endean (tax), and Jenna Wallace and Sarah Friedman (benefits).
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