NEW YORK and TEL AVIV — July 25, 2019 — When Future Media Group set out to acquire W Magazine from Condé Nast, it turned to its long-standing counsel, Adam Snukal, a shareholder in the Intellectual Property & Technology Practice in the New York and Tel Aviv offices of global law firm Greenberg Traurig, LLP.
Greenberg Traurig represented Future Media in an acquisition that brought W Magazine together with Surface and Watch Journal to form Future Media Group. Following the acquisition, the Group said in a press release that it would “continue to publish eight print issues of W annually while also expanding the brand's digital and experiential footprint.”
The multi-practice, multi-office Greenberg Traurig team assisting Future Media Group was led by Snukal with support from Tel Aviv Corporate Associate Aaron R. Katz and Tel Aviv IP-Tech Associate Devora Y. Snyder (who assisted with the financing documents and the closing); Chicago Corporate/ERISA and Tax Shareholder Richard A. Sirus; New York Labor & Employment Shareholder Jerrold F. Goldberg; Fort Lauderdale Tax Shareholder Noam Lipshitz; and New York IP-Tech Of Counsel Daniel I. Schloss. New York Corporate Paralegal Charmaine Perdon was the designated paralegal on the transaction.
Snukal’s practice is primarily focused around the centrality of technology across many verticals and industries, with an emphasis on health care, FinTech, media, privacy, Ad-Tech, entertainment, IT/cloud infrastructure, outsourcing, and Aerospace/ New Space. He also regularly counsels clients on their global privacy and data security compliance obligations, such as GDPR, HIPAA, PCI, and more. Snukal’s clients range from large multi-nationals to emerging growth companies. A recent assignment involved representing Helios and Matheson Analytics Inc. (Nasdaq: HMNY) and MoviePass Inc. (MoviePass), a majority-owned subsidiary of HMNY, in the acquisition of Moviefone, an entertainment service which provides over 6 million monthly unique visitors full access to the entertainment ecosystem, from movie theaters to streaming services. HMNY acquired Moviefone from Oath Inc. (formerly, AOL Inc.), a subsidiary of Verizon Communications.