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News | 01.09.23

Morrison Cohen Represents Transmit.Live in Connection with Investment from Group Led by LionTree

Congratulations to Transmit.Live, a market-leading streaming advertising technology platform, in connection with an investment from an investor group led by LionTree, a global merchant bank focused on media and technology, in partnership with existing investor SC Holdings. The investment will accelerate Transmit’s growth as the leading connected TV advertising solution for live streaming entertainment and sports content.

This significant transaction was covered in several press outlets, including a January 5, 2023 Wall Street Journal article, “LionTree Makes Bet on Streaming Ads in LiveSports,” which explained that “Transmit allows entertainment companies and leagues not only to insert ad breaks into their content, but also to make incremental ad revenue by offering the capability of running on-screen ads while play is under way.”

The Corporate team at Morrison Cohen was led by Partners Steven Cooperman and Joshua Saidlower and Associate Nada Elrafei. The Tax team was led by Partner Isaac Grossman and Associate Hunter Book. The Executive Compensation & Employee Benefits team was led by Partner Alan Levine, Senior Counsel Benjamin Vitcov and Associate Dana Sebrow. The Technology, Data & IP team was led by Partner Jessica Lipson and Foreign Attorney Cesar Rodriguez Muñoz.

Read Business Wire’s press release here.

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