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Clifford Chance advises organisers of the Karlovy Vary International Film Festival on new partnership with Rockaway

6 May 2021

Clifford Chance advises organisers of the Karlovy Vary International Film Festival on new partnership with Rockaway

Rockaway Capital Group became a strategic investor of Film Servis Festival Karlovy Vary, the organizer of annual famous Czech cinematographic festival Karlovy Vary International Film Festival (KVIFF). The partnership follows up on previous cooperation of KVIFF and online television MALL.tv (producer of the first Czech series to receive Emmy Award) belonging to the Rockaway portfolio, which has been a partner of the festival for 4 years already.

The organizers of the KVIFF now want to focus on developing the KVIFF.TV platform, which will feature art films and exclusive content during the festival. They also want to broaden existing distribution activity through a strategic partnership with Aerofilms and develop projects and programmes focused on providing young and talented creators with a base for their growth as filmmakers. At the same time, they want to utilize the potential of Karlovy Vary and the entire region to produce other cultural and social projects and events.

Rockaway Group, which operates primarily in e-commerce, e-travel, venture capital, fintech, media and blockchain sectors, wants to use its experience to support the film industry in the Czech Republic and Central Europe and further actively develop activities around the festival.

The Clifford Chance team was led by Prague Corporate Partner David Koláček and Counsel Aneta Disman, supported primarily by Junior Lawyer Ondřej Dolenský.