A Manatt team led by Manatt Entertainment Leader Lindsay Conner represented the owners of Treasure Studios and CoComelon, the #1 most-watched YouTube channel in the world (with an average of 3.5 billion views per month), in the sale of these platforms to U.K.-based Moonbug Entertainment. This transaction includes the purchase of ownership rights to the CoComelon show and characters. The deal, which just closed on July 16, shows the enormous value of digital video companies, especially in the world of the COVID-19 pandemic.
The Manatt team also included Manatt Entertainment associate Cailey Cavanaugh, venture capital / emerging companies partner Richard McDerby and associate Christopher Dayans, and tax, employee benefits and executive compensation practice leader Jeffrey Mannisto and partner David Herbst.
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