Lee & Thompson acts for shareholders of TCB Media Rights
12th October 2017
Lee & Thompson’s Corporate Group is delighted to have advised Paul Heaney on the sale of TCB Media Rights to Toronto-based Kew Media Group.
TCB is one of the UK’s leading distributors of non-scripted television content and was founded by Paul Heaney, the former Managing Director of Cineflix Rights, in 2012.
Kew paid an initial consideration of £7 million for TCB and Paul Heaney may also receive an earn-out of up to £4 million should TCB meet its net revenue targets over the next few years.