Latham & Watkins Advises Netflix on the Acquisition of Millarworld

Deal represents Netflix’s first ever acquisition.

August 14, 2017

Latham & Watkins has advised Netflix on the acquisition of Millarworld, the comic book company founded by Mark Millar, creator of a number of iconic characters and stories, including Kick-Ass, Kingsman, and Old Man Logan. The acquisition, the first ever by Netflix, is a natural progression in the company’s effort to work directly with creators and to acquire intellectual property and ownership of stories featuring compelling characters and timeless, interwoven fictional worlds.

Netflix is the world’s leading Internet entertainment platform with 104 million members in over 190 countries enjoying more than 125 million hours of TV shows and movies per day, including original series, documentaries and feature films. Together, Netflix and Millar will bring Millarworld’s portfolio of critically and fan-acclaimed character franchises to life through films, series and kids’ shows available exclusively to Netflix members globally. Millarworld will also continue to create and publish new stories and character franchises under the Netflix label.

The Latham & Watkins team was led by London Entertainment, Sports & Media partner Libby Savill and Corporate partner Robbie McLaren, with London associates Emily Cridland, Rachael Hammond, and Stewart Robinson, Century City associates Kendall Johnson, Adam Raichilson, and Benjamin Jenkins, and Century City partner Ken Deutsch. Advice was also provided on tax matters by London partner Karl Mah and associate Amy Watkins, and on employment matters by London counsel Sarah Gadd.

 
 
Notice: We appreciate your interest in Latham & Watkins. If your inquiry relates to a legal matter and you are not already a current client of the firm, please do not transmit any confidential information to us. Before taking on a representation, we must determine whether we are in a position to assist you and agree on the terms and conditions of engagement with you. Until we have completed such steps, we will not be deemed to have a lawyer-client relationship with you, and will have no duty to keep confidential the information we receive from you. Thank you for your understanding.