Fenwick & West LLP represented Flixster, Inc., the social movie community site that allows users to share movie ratings and connect with people who have similar movie tastes, in its recently announced acquisition by Warner Bros. Home Entertainment Group.
The acquisition also includes Rotten Tomatoes, a website devoted to film reviews, information and news. Under the terms of the deal, Flixster will continue to operate independently and will expand its services beyond movie discovery to enable digital content ownership and delivery across any connected digital device. Financial terms of the deal were not disclosed.
The Fenwick & West transaction team included corporate attorneys Ted Wang, Gregory Roussel, Edgar Tirado and Ryan Slunaker; technology transactions attorney Darren Hutchins; executive compensation and employee benefits attorneys Nicholas Frey and Blake Martell; and tax attorneys Ron Schrotenboer and Amanda Athanasiou.
Founded in 2006 and based in San Francisco, CA, Flixster operates the world’s most popular movie communities, used by more than 25 million people every month. Flixster services include destination websites at Flixster.com and RottenTomatoes.com, as well as leading apps on Facebook, MySpace, iGoogle, iPhone, BlackBerry and Android-powered devices. Flixster’s communities provide the most comprehensive movie information online – including a database of over 250,000 movies; 2.3 billion user reviews; 500,000 critic reviews; and over 35,000 trailers and videos. Flixster has offices in New York and representatives in Los Angeles and Seattle.
About Fenwick & West
Fenwick & West provides comprehensive legal services to technology and life sciences clients of national and international prominence. The firm is ranked by Mergermarket as one of the top 5 M&A legal advisors in North America for Technology deals and by Bloomberg, FactSet and Thomson Reuters as one of the top 10 M&A legal advisors in the U.S.