Latham & Watkins Advises Sony Pictures in US$1 Billion Acquisition of GSN Games by Scopely

California corporate team represents the multinational mass media and entertainment conglomerate in the acquisition.

October 19, 2021

Scopely, one of the largest privately held mobile-first video game companies, and Sony Pictures Entertainment announced an agreement for Scopely to acquire GSN Games, a division of Game Show Network, LLC (GSN), a wholly owned subsidiary of SPE. GSN Games operates a portfolio of free-to-play mobile and online games that includes “Solitaire TriPeaks” and “Bingo Bash,” among other titles. The purchase price for the transaction is approximately US$1 billion, half of which will be paid in cash and the remainder in preferred equity. 

Latham & Watkins LLP served as transaction counsel to Sony with a corporate deal team led by Los Angeles partner Alex Voxman and Century City partner Andrew Clark with associates Alexandra McArthur, Maddison Goorman, Molly Wolfe, and Simon Moshkovich. Advice was also provided on benefits and compensation matters by Century City partner Julie Crisp with associate Jordan David; on tax matters by Los Angeles partner Pardis Zomorodi; on intellectual property and TTG matters by Los Angeles partner Ghaith Mahmood with associate Veronica Ye; on entertainment and media matters by Century City partner Kendall Johnson with associate Omeed Anvar; on privacy matters by Bay Area counsel Robert Blamires with associate Samantha Maerz-Beoning; and on regulatory matters by Washington, D.C. partner Les Carnegie and associates Andrew Galdes and Zachary Eddington. 

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.