AMC Global Media Sells Streaming Service ALLBLK to MACRO

Hughes Hubbard represented AMC Global Media on its sale of ALLBLK, a streaming distribution platform dedicated to Black audiences, to MACRO, a multi-platform entertainment company representing the voice and perspectives of Black people, indigenous people and people of color founded by Charles D. King.

The acquisition marks MACRO’s entry into direct-to-consumer streaming and adds a new dimension to its business that already spans film and television development, production and financing, representation, branding, and experiential services.

Variety, Deadline and The Hollywood Reporter reported on the transaction.

The Hughes Hubbard team was led by Michael Traube, Tom Koziel and Sabrina Silverberg with assistance from Ken Lefkowitz, Charlie Wachsstock, Patrice Jean, Justin Cohen, Alexis Rosett, Anthony Kasper, Lynn Russo and Kathyann Saunders.