MWM advise on £20 million share sale of Iconic Images
We are delighted to have been the legal advisers to the shareholders of Iconic Images Limited on its £20 million sale to New York-based Authentic Brands Group (ABG), a brand development, marketing and entertainment company.
Iconic Images owns and manages some of the world’s most famous photography archives. Its collections feature millions of images spanning the history of fashion, rock and roll, film, politics, royalty and pop culture. Iconic Images brings long standing active relationships within key markets around the world including New York City, Paris, Los Angeles, Dubai and Tokyo.
ABG acquired Reebok for USD2.5 billion earlier this year, and now represents over 30 brands, including apparel chain Forever21 and Sports Illustrated magazine.
Through this acquisition, ABG will own and manage the rights to the entire Iconic Images photography archive including fine art prints from acclaimed photographers Ed Caraeff, Eva Sereny, Ted Williams and Terry O’Neill, as well as photos of musical icons and Hollywood greats such as The Rolling Stones, Jimi Hendrix, Frank Sinatra, Audrey Hepburn, Brigitte Bardot, Kate Moss and many more.
More information on Iconic Images is available here https://iconicimages.net/
