Liliana Paparelli Ranger

liliana.ranger@lw.com

+1.424.653.5553

Entertainment, Sports & Media

Profile

Liliana Paparelli Ranger serves as a trusted advisor to clients in the entertainment and media industry, helping to execute acquisitions, debt and equity financing transactions and strategic commercial arrangements while navigating a broad spectrum of legal and business issues.

Liliana advises film and television studios, independent production and distribution companies, streaming platforms, and global media companies as well as the financial institutions and investors that fund them. She regularly helps clients with:

Entertainment-specific M&A and strategic joint ventures
Company and project-level debt and equity financings
Production, licensing, and distribution arrangements for film, television, and new media content

Steeped in the entertainment industry, Liliana draws on her broad industry knowledge and extensive network of long-standing relationships to provide clients with astute guidance and insight at all stages of their business life cycle.

Liliana previously served on the firm’s Associates Committee and Women Lawyers Group.

Experience

Liliana's experience includes representing:

Mergers, Acquisitions, and Joint Ventures

Skydance Media in its pending merger with Paramount to form “New Paramount” at an enterprise value of approximately US$28 billion and Skydance at US$4.75 billion
Endeavor in its:
- US$13 billion sale to Silver Lake
- US$21 billion merger of UFC and WWE
- US$775 million sale of a majority interest in Endeavor Content to CJ ENM
- Strategic investment in Asylum Entertainment Group
Houston Rockets in the acquisition of AT&T SportsNet Southwest with the Houston Astros
NFL Players Association in the recapitalization of the joint venture OneTeam Partners with HPS, Atlantic Park and Morgan Stanley
Content Partners, in multiple M&A transactions, including its acquisition of Revolution Studios
Warner Bros., in several acquisition and strategic joint venture transactions, including its lead investment in PictureStart and its acquisition of DramaFever
Legendary Entertainment in its sale to Dalian Wanda
Brad Weston in his arrangement with Entertainment One to create Makeready, a global content production company
Shamrock Capital in its investment in SaveLive, a live events platform that partners with iconic venues and promoters
beIN Media, in its acquisition of Miramax
Producer Doug Belgrad, in the formation and capitalization of 2.0 Entertainment, and its studio co-financing arrangements
Participant Media, in its acquisition of Rainn Wilson’s SoulPancake
Dasym Investment Strategies, in its acquisition of Exclusive Media

Entertainment Finance

A24 in its senior secured revolving credit facility, production facilities and various financing matters
A leading film and television entertainment company in a wide range of corporate financing transactions, including its US$1.7 billion revolving credit facility, US$400 million term loan B, and second lien term loan
An independent entertainment production and distribution company in its senior secured revolving credit facility and various financing matters
Boatrocker Studios in its senior secured credit facility
An entertainment production and financing company in its senior secured credit facility

Complex Commercial Arrangements

A24 Films, in a wide range of production, distribution, joint venture, acquisition, and financing transactions
The Walt Disney Company, in certain financing and related strategic arrangements
MGM and Makeready in output distribution arrangements with major studios
Yoozoo Pictures in its arrangements with Netflix for a tentpole sci-fi series
New media venture Westbrook, founded by Will Smith and Jada Pinkett Smith, in a variety of acquisition, development, and financing transactions
Production company AGBO founded by directors Joe and Anthony Russo, in various development, production, and financing arrangements