Clifford Chance has advised the Film Servis Festival Karlovy Vary, which organizes the Czech Republic's annual Karlovy Vary International Film Festival, on a strategic investment into the entity by the Rockaway Capital Group.
According to Clifford Change, “the partnership follows up on previous cooperation of KVIFF and online television MALL.tv (the producer of the first Czech series to receive an Emmy Award), [which belongs] to the Rockaway portfolio, and] which has been a partner of the festival for four years already.” According to the firm, “the organizers of the KVIFF now want to focus on developing the KVIFF.TV platform, which will feature art films and exclusive content during the festival. They also want to broaden existing distribution activity through a strategic partnership with Aerofilms and develop projects and programs focused on providing young and talented creators with a base for their growth as filmmakers. At the same time, they want to utilize the potential of Karlovy Vary and the entire region to produce other cultural and social projects and events.”
Clifford Chance’s team was led by Prague Partner David Kolacek and Counsel Aneta Disman, supported primarily by Junior Lawyer Ondrej Dolensky.