Olswang has acted for BBC Worldwide in the £97m sale to Discovery of their remaining 50% stake of the global channel network Animal Planet. A separate part of the deal was the extension of the BBC’s co-production deal with Discovery which guarantees the latter’s investment into the making of natural history and factual programmes.
Olswang represented BBC Worldwide on the establishment of the joint venture and original co-production deal in 1998. This complex deal required a combination of corporate, tax, broadcasting and production expertise. The team involved were Selina Potter, Simon Morgan, Paul Guite, Mark Joscelyne, Roisin Thomas, Oliver Bell, Matt Pollins and Benedict Maxwell.