Prior notification of a concentration (Case M.8664 — WME IMG/Perform/PIMGSA) — Candidate case for simplified procedure (Text with EEA relevance. )
Date: 2017-11-30
Institutions: European Commission
Subjects: clothing industry, culture industry, economic concentration, gaming, holding company, joint venture, mass media, merger control, sport








C_2017406EN.01000501.xml










30.11.2017   


EN


Official Journal of the European Union


C 406/5





Prior notification of a concentration
(Case M.8664 — WME IMG/Perform/PIMGSA)
Candidate case for simplified procedure
(Text with EEA relevance)
(2017/C 406/05)






1.


On 23 November 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings:






—


Perform Group Limited (United Kingdom), controlled by Access Industries, Inc. group (United States),










—


WME Entertainment Parent, LLC (United States), controlled by Silver Lake Group, LLC (United States),










—


PIMGSA LLP (United Kingdom), jointly controlled by Perform Group Limited and WME Entertainment Parent, LLC.




Perform Group Limited and WME Entertainment Parent, LLC acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of PIMGSA LLP (United Kingdom).
The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.










2.


The business activities of the undertakings concerned are:
—   for Access Industries, Inc.: a group of holding companies with interests in different industries,
—   for Perform Group Limited: holding company with subsidiaries that hold interests principally in digital sports content and media,
—   for Silver Lake Group, LLC: investment group focused on technology and media industries,
—   for WME Entertainment Parent, LLC: company active globally in the sports, entertainment, media and fashion industries,
—   for PIMGSA LLP: a joint venture between Perform and WME that will be active in the commercialisation of South American football sports rights.










3.


On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.
Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.










4.


The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
M.8664 — WME IMG/Perform/PIMGSA
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:





E-mail: COMP-MERGER-REGISTRY@ec.europa.eu




Fax +32 22964301




Postal address:




European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË










(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  OJ C 366, 14.12.2013, p. 5.