NEON advises Julep Media shareholders on sale to Libsyn

26 August 2022 | NEON has provided comprehensive legal advice as lead counsel to the shareholders of German podcast hoster and marketer Julep Media GmbH on its sale to US-based podcast hosting network Liberated Syndication Inc (Libsyn).

Julep Media was founded in Munich in 2019 by Marcus Englert, Sebastian Weil, Björn Jopen and Manfred Neumann and is the only provider in Germany to offer marketing, production and distribution of podcasts from a single source. With a portfolio of more than 510 podcasts with over 50,000 episodes the company reaches over 45 million streams per month.

Libsyn was founded in 2004 and is one of the world’s leading podcast marketing and hosting providers, with more than 75,000 podcasts and more than six billion downloads. With the acquisition of Julep Media, Libsyn starts its expansion course in Europe.

For aspects of US law, NEON called in Hughes Hubbard & Reed (Gerold Niggemann, New York) from its network. BLOMSTEIN advised on regulatory aspects of the transaction.

Background:

As a transaction boutique, NEON regularly provides comprehensive advice on exits and acquisitions in a cross-border context.