Shane Nix

Partner

Los Angeles
Willkie Farr & Gallagher LLP
2029 Century Park East
Los Angeles, CA 90067-2905
T 310 855 3055
F 310 855 3099
snixwillkie.com

Shane Nix, a partner in the Tax Department, counsels companies and individuals on various business transactions, with an emphasis on transactional tax matters relating to the acquisition, disposition, and restructuring of businesses, corporations, and partnerships. Shane has a broad range of experience in corporate, international, and partnership taxation. He advises clients in many different industries, including technology, real estate, hospitality, media, and entertainment, with significant experience advising actors, actresses, musicians, producers, directors, and financers on a wide range of individual, corporate, and partnership tax issues specific to the entertainment industry. Shane also has significant experience advising executives in connection with equity compensation matters.

Shane also brings experience from previously serving as the Vice Chair of the Entertainment Tax Group at an Am Law 100 law firm, practicing law at a global law firm in Silicon Valley, where he represented both sell-side and buy-side clients in M&A transactions and advised technology and media companies with respect to choice of entity formation and various tax matters. He also brings experience from a global accounting firm where he structured domestic and cross border M&A transactions for public companies and private equity firms.

Shane Nix, a partner in the Tax Department, counsels companies and individuals on various business transactions, with an emphasis on transactional tax matters relating to the acquisition, disposition, and restructuring of businesses, corporations, and partnerships. Shane has a broad range of experience in corporate, international, and partnership taxation. He advises clients in many different industries, including technology, real estate, hospitality, media, and entertainment, with significant experience advising actors, actresses, musicians, producers, directors, and financers on a wide range of individual, corporate, and partnership tax issues specific to the entertainment industry. Shane also has significant experience advising executives in connection with equity compensation matters.

Shane also brings experience from previously serving as the Vice Chair of the Entertainment Tax Group at an Am Law 100 law firm, practicing law at a global law firm in Silicon Valley, where he represented both sell-side and buy-side clients in M&A transactions and advised technology and media companies with respect to choice of entity formation and various tax matters. He also brings experience from a global accounting firm where he structured domestic and cross border M&A transactions for public companies and private equity firms.

Selected Significant Matters

Shane advised on the following significant matters*:

  • Represented a variety of prominent music artists in connection with catalogue sales, including structuring a $300 million hip hop catalogue sale and a $150 million classic progressive rock band catalogue, as well as structuring a $200 million record deal with a prominent hip hop artist
  • Represented a production company with respect to tax planning in connection with a $500 million movie deal, including the allocation of S-corporation distribution and compensation
  • Represented a prominent rock band in connection with structuring copyright ownership and tax opinion related thereto
  • Represented a talent management company in connection with structuring a $165 million sale of controlling interest in the company
  • Represented production companies in planning for timing differences arising from copyright ownership, including new issues in connection with new tax legislation
  • Represented talent in connection with loan out company tax matters, including drafting employment agreements
  • Represented talent in film, television, and music in connection with residency planning and service/royalty sourcing
  • Represented a prominent production company in connection with structuring the sale of video game rights, production tax planning, and overall corporate structure
  • Represented celebrities, brand ambassadors, musicians, actors, and other talent in connection with structuring endorsement deals
  • Advised clients regarding taxation of exercising copyright termination rights

*Shane advised on these matters prior to joining Willkie.

Selected Professional and Business Activities

  • Member, American Bar Association
  • Member, Beverly Hills Bar Association
  • Member, Motion Picture and TVTax Institute
  • Member, Executive Committee, USC Tax Institute; chairman, Individual Taxation Subcommittee
  • Member, Planning Committee, CalCPA Entertainment Industry Conference
  • Former member, Executive Committee, Beverly Hills Bar Association as the chair of the Entertainment-Tax Subcommittee
  • Contributor to the Journal of Taxation covering bad debt deductions and worthless stock losses
  • Frequent author for the Los Angeles Lawyer covering topics including copyright termination rights and taxation (“Taxing the Terminator” cover feature article for May 2021 Entertainment Law Edition), qualified business income deduction for entertainers and production timing issues arising under the TCJA (“Entertaining Taxes” feature article for May 2019 Entertainment Law Eduction), and structuring social influencer and endorsement deals (2018).
  • Author of "A Guide to Structuring and Taxation in the Entertainment Industry" in The Essential Guide to Entertainment Law: Deal Making, and other scholarly publications
    • Frequent speaker on matters pertaining to entertainment and media

Recognition, Honors & Awards

  • Los Angeles Business Journal, 40 Thriving in Their 40's, 2020

Recognition, Honors & Awards

  • Los Angeles Business Journal, 40 Thriving in Their 40's, 2020
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