Reed Smith attorneys have advised Dreamscape Media, an independent publisher and multimedia studio, on its sale to Recorded Books, Inc., a global audiobook publishing company. The transaction was announced on July 9 and closed on August 1.
The multi-disciplinary deal team was led by Siddesh Bale, Susan Nieto and Matthew Hancock, with the support of Simone Senior, Victor Reim and Faith Moss. Critical advice was provided by Michelle Mantine, Stephen Miller, Evan Knott, Arnold Grant, Frank Wei, Chris Raidy, Michael Kleinmann, Novika Ishar, Michael Wycklendt, Jesse Yaker Corrie Buck, Christian Blair, Leah Hungerman and Zachary Baker.
Holland, Ohio-based Dreamscape is an award-winning independent publisher that produces fiction and non-fiction audiobooks and offers audio publishing services to prominent independent authors. It publishes a catalog of over 7,000 audiobooks, with nearly 1,000 new titles released each year in a various genres including mystery/thriller, romance and children’s audiobooks.
Recorded Books is a premier global audiobook publisher and portfolio company of H.I.G. Capital and Francisco Partners. With more than 70,000 titles, its audiobooks continually top key literary awards and bestseller lists. The company’s robust digital retail and library distribution network reaches millions of listeners around the globe—at home, in the car, and everywhere their mobile devices go. Its titles are available on leading audio platforms.
Recorded Books (aka RBmedia) was represented by Latham & Watkins and Weil, Gotshal & Manges.
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