Paul, Weiss client Ericsson completed its previously announced sale of more than 2,100 issued U.S. and international patents and patent applications to Unwired Planet, Inc. The portfolio includes patented inventions related to telecommunications infrastructure and mobile internet technologies, such as GSM, GPRS, EDGE, WCDMA and LTE, as well as many other patented inventions that are widely implemented in many popular wireless devices and mobile industries.

Paul, Weiss client Time Warner Cable (TWC) has agreed to be the charter distributor for SportsNet LA, the new regional television network for the Los Angeles Dodgers beginning with the 2014 Major League Baseball season. SportsNet LA was created by the Los Angeles Dodgers ownership group, American Media Productions, LLC (AMP). TWC will carry the new network for its customers throughout Southern California and Hawaii under a long-term affiliation deal. In addition, in return for agreeing to make payments over the life of the deal, TWC will be the exclusive advertising and affiliate sales agent for the new network and will have certain branding and programming rights with respect to the network.

As reported in The New York Times, clients Trey Parker and Matt Stone, the creators of "South Park" and "The Book of Mormon," have announced the formation of a new entertainment company, Important Studios. Stone and Parker partnered with the Raine Group, a private equity fund with close ties to our client WME, to create Important Studios, which will house all of Stone and Parker's current and future entertainment activities, including "South Park" and "The Book of Mormon."

As reported by the Hollywood Reporter, The New York Times and the Wall Street Journal, Paul, Weiss client General Atlantic LLC along with BDT Capital Partners acquired a minority stake in Tory Burch LLC.

Paul, Weiss client Wilton Brands, one of the leading suppliers of crafts products in the United States, announced its acquisition of Simplicity Creative Group. Simplicity is one of the leading suppliers in the craft, sewing, knitting, hobby and home decorating categories.