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21.11.2019
Autorzy:We have advised ITI Neovision in a transaction to purchase 70% of shares in Kino Świat.
A minority shareholding will continue to be held by Tomasz Karczewski and Marcin Piasecki, who will remain with the Company and co-create its further development.
The purchase of a majority stake in Kina Świat is the first acquisition carried out by the owner of the nc+ platform. Thanks to the acquisition of ITI Neovision, the operator of the nc+ platform has gained access to a catalogue of film productions from the Kina Świat portfolio, i.e. 1.2 thousand cinema films and TV series.
ITI Neovision was advised in the transaction by experts from our Corporate and M&A Practice – Marek Świątkowski, Partner, Damian Szczygielski, Senior Associate Joanna Fasula, Associate and Wojciech Dziomdziora, Counsel from IP&TMT Practice.
ITI Neovision belongs to the French Canal+ Group (51%) and its minority shareholder is TVN Discovery Polska. Since 2013, it has been the operator of the nc+ satellite platform – the second largest platform in Poland with approx. 2.2 million subscribers. It is the broadcaster of the television channels: Canal+, Canal+ Sport, Canal+ Sport 2, Canal+ Family, Canal+ 1, Canal+ Film, Canal+ Seriale, Ale Kino+, Planete+, Domo+, Kuchnia+, teleTOON+ and MiniMini+.
Kino Świat is the biggest film distributor in Poland. It has licences covering cinemas, video (DVDs, Blu-ray), video on demand (VoD) and television. It cooperates with some of the most important Polish film studios, with independent American producers, such as Miramax, Lions Gate, New Line Cinema, Focus Features, Film Nation and Universal Pictures, and with some of the biggest European companies: Studiocanal, EuropaCorp, Wild Bunch, Pathé and Gaumont. Kino Świat also produces and co-produces Polish and foreign films. The company was founded in 2001 by Tomasz Karczewski. The second co-owner is Marcin Piasecki.
From 25 May 2018 the General Data Protection Regulation (GDPR) applies in Poland and other European Union countries. We would therefore like to give you several details on the subject of how DZP processes personal data.
The administrator of the personal data is Domański Zakrzewski Palinka Sp.k. (“DZP”; address: Rondo ONZ 1, 00-124 Warszawa). Data are processed for contact purposes and to impart information on changes to provisions and authority practices and on other issues, including events concerning day-to-day legal, economic and cultural issues, inter alia, by sending DZP newsletters. The above is carried out on the basis of legitimate interests, i.e. in accordance with art. 6(1)(f) of the GDPR. Data can also be processed where necessary for the conclusion or performance of a contract and for compliance with a legal obligation to which DZP is subject, i.e. pursuant to art. 6(1)(b) and (c) of the GDPR. Data can be transferred to entities with whose help DZP achieves the indicated aims, including entities maintaining IT infrastructure. Giving data is voluntary and in contractual relations is a requirement for concluding and performing a contract. It is possible to object to data processing, request access to, rectification and erasure of personal data or restriction of processing and data portability. Data are kept until an objection is made, and in contractual relations – throughout the term of the contract and thereafter for a period specified in provisions on archiving and limitations period for claims. Anyone has the right to file a complaint with the President of the Personal Data Protection Office. Questions concerning privacy at DZP can be sent to DZP’s Data Protection Inspector, Macieja Maciejewskiego, at: iod@dzp.pl.
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