Greenberg Glusker Represented Karlie Kloss in the Buyout of W MagazineAugust 19, 2020 – Press Release
Los Angeles – Greenberg Glusker represented Karlie Kloss in the acquisition of high-end fashion publication W Magazine and the formation of W Media, a joint venture with Bustle Digital Media Group and Sara Moonves, Editor-In-Chief. The deal, the terms of which were not disclosed, also included a group of high-profile investors from the entertainment industry.
Greenberg Glusker’s deal team included Corporate partner Katy Spillers and Corporate associate William Moodie.
The deal team negotiated the joint venture agreement and related services agreements on behalf Kloss, and they are currently assisting with the additional Series A financing comprised of A-list talent.
- Variety | Karlie Kloss Leads Buyout of W Magazine, With Jason Blum Among New Owners
- New York Post | W Magazine Will Live Another Day, in Deal With Bustle Digital Group
- The Hollywood Reporter | Karlie Kloss Leads Investor Buyout of W Magazine