Willkie represented John Stevens and Hans Schiff, producers and principals of the production studio Venture 10 Studio Group, in connection with the roll up of Venture 10 Studio Group into the newly formed V10 Entertainment, Inc. backed by Clarion Capital Partners. As part of the roll-up transaction, Stevens and Schiff were appointed as the principal executives of V10 Entertainment and acquired a majority stake in Vin Di Bona Productions and Fishbowl Worldwide Media, the producers of the America’s Funniest Home Videos franchise.
Upon completion of the acquisition of Vin Di Bona Productions and Fishbowl Worldwide Media, V10 Entertainment will manage and develop the content and production assets of the AFV franchise – created and produced by Vin Di Bona for 33 seasons and now one of the longest-running primetime entertainment shows in TV history. The operation will be the cornerstone of a portfolio of V10 Entertainment content and production assets, and an integral part of V10 Entertainment’s plan to acquire additional content assets and build a leading content production platform.
Clarion Capital Partners is a New York-based private equity firm focused on investments in lower middle market growth companies.
The Willkie team was led by partner Steven Hurdle and included partner Shane Nix and associates Brian Kollatz, Russell Whitman and Ilia Katz.