Sheppard, Mullin, Richter & Hampton has hired Daniel Schnapp in New York, beefing up the firm’s technology transactions team and entertainment and digital media practice with the addition of the former Hughes, Hubbard & Reed practice leader.
Schnapp, who formerly chaired Hughes Hubbard’s new media, entertainment and technology practice, joins Sheppard Mullin as a partner and co-leader of his new firm’s technology transactions team. Two former Hughes Hubbard associates, Alexis Robinson and Genevieve Perez, also made the move to Sheppard Mullin, the firm announced Monday.
Leadership at Sheppard Mullin welcomed Schnapp to the firm’s ranks in New York. Jon Newby, vice chairman of the firm, said in a statement that the new partner’s arrival “greatly bolsters our already prominent entertainment and digital media practice and overall technology transaction capabilities.”
Schnapp specializes in advising multinational, midcap and startup companies on issues arising out of the intersection of technology, entertainment, advertising and media, according to Sheppard Mullin. He and his team often provide transactional counseling related to digital content licensing, media publishing agreements and privacy and data security concerns, among other areas.
Schnapp said in a statement that he was drawn to Sheppard Mullin in part because of the firm’s reputation in the entertainment and digital media realm, noting that Sheppard Mullin counts as clients major film studios, television networks and a range of other media companies in the U.S. and abroad.
“I am thrilled to join a top-notch firm like Sheppard Mullin,” he said. “This is an opportune combination that will provide our clients with an unparalleled offering of the highest quality legal services, targeted expertise and capabilities in this ever-expanding area on a global scale.”
Among other transactions, Schnapp had a hand while at Hughes Hubbard in advising AMC Networks Inc. in a $200 million purchase of a 49.9 percent stake in BBC America. He was also part of a Hughes Hubbard team that guided Viacom Inc. to a 2014 deal in which the company sold several of its digital gaming assets, including Shockwave and Addicting Games, in exchange for a minority stake in digital media company Defy Media LLC.
Schnapp’s move to Sheppard Mullin comes after the firm in 2016 made another group hire in New York, bringing on board Richard Friedman, a founding partner of securities boutique Sichenzia Ross Friedman Ference. Former Sichenzia Ross corporate partners Andrea Cataneo, Stephen Cohen and Jeffrey Fessler also moved to Sheppard Mullin along with Friedman.
Despite losing Schnapp, Hughes Hubbard has recently taken steps to bolster its New York office, announcing a pair of partner hires earlier this month. On June 5, the firm said that former Reed Smith private fund formation practice co-chairwoman, Alexandra Poe, had moved to a partner role at Hughes Hubbard. And on June 7, Hughes Hubbard announced that trust and estates lawyer Parker Taylor had joined as a partner from his former firm Greenberg Traurig.
Scott Flaherty covers the business of law with a special focus on plaintiffs firms. He can be reached at email@example.com. On Twitter: @sflaherty18.