Silvergate Media is an international media business with offices in London and New York. The business owns or controls the intellectual property rights to brands, characters and literary estates with a strong publishing heritage, and seeks to develop those assets across a range of media and merchandise formats. This includes the creation of new television productions, new publishing ranges and associated lines of toys and merchandise.
Foot Anstey were initially instructed by Lord Alli on the establishment of the new international group, which was wholly managed by Foot Anstey utilising other international best friend firms in the relevant jurisdictions. Foot Anstey subsequently advised on the cross-border acquisition of the rights owned by Chorion to The World of Beatrix Potter and the Octonauts in September 2011 which again involved multi- jurisdictional management of firms from our best friend network. These were the first assets to be sold by the media rights business Chorion following the decision by its senior bankers to break up the business, under a competitive process with an accelerated timescale.
We have been delighted to grow our relationship with Silvergate Media to meet the ever-changing needs of its business. We have recently advised on the contractual arrangements surrounding the commissioning, financing and delivery of a new film production of Peter Rabbit and season 2 of the Octonauts. We provide continued support in relation to commercial contracts, including recently working with Vampire Squid, a division of Silvergate Media, on their licensing arrangements with seasons 1-3 of "The Octonauts" for the Disney Junior channel in the US. This was a key arrangement for Vampire Squid securing a multi-season deal with one of the largest TV networks for children's TV programmes in the US.