Michael D. Fricklas is an American lawyer and an executive in the entertainment industry. He is Chief Legal Officer and Corporate Secretary of Advance Publications. [1] Previously, he was executive vice president, general counsel and secretary of Viacom Inc. (and preceding companies) from 1993 to 2017, and general counsel from 1998 to 2017. [2] Viacom is now known as Paramount Global. [3]
Fricklas is also a past president of the Association of General Counsel and a recipient of the Association of Corporate Counsel’s "Excellence in Corporate Practice" Award for "achievement in service to the legal profession and improvement of the legal system," the association said. [4]
Prior to his departure from Viacom in April 2017, Fricklas ranked among the highest-paid chief legal officers in America, with a total compensation of over 6 million dollars. [5] [6]
Fricklas is responsible for all legal and governmental affairs for Advance.
While at Viacom, Fricklas was responsible for the company's legal and business affairs, including television, motion pictures, online and on mobile platforms for the company's brands which included MTV, VH1, Nickelodeon, BET, Comedy Central, Spike, TV Land, CMT, Paramount Pictures, among others. During his tenure, such brands also included CBS Simon & Schuster, Showtime, Blockbuster, Paramount Parks, CBS Television and many others.
While at Viacom, Fricklas' portfolio included large transactions and financings, capital raising transactions, management of technology, real estate, risk management and compliance matters and government affairs. He also created Viacom's cybersecurity governance program; he initiated and managed privacy and anti-piracy operations. Fricklas' responsibilities for content protection and IP put him out front on Viacom's decision to sue Google for copyright infringement at YouTube. [7]
YouTube Litigation: Fricklas was the architect of Viacom's $1 billion lawsuit against YouTube. Viacom initially lost the case, but the company successfully appealed and ultimately settled the litigation. [8]
The New York Times "Deal Book" writer, Steven Davidoff Solomon, among critics of the litigation, chided Fricklas for creating "a case that just served to make a crazy situation crazier while wasting millions of dollars." Ultimately, Fricklas was credited for "helping to shape the rules of the road in posting online content," [9] and The New York Times noted that Viacom saw, in the settlement with the book publishers, an acknowledgement that Google needed to pay creators. [10]
Redstone Corporate Control Litigation: Fricklas was substantively involved in the legal issues surrounding the Redstone family war for corporate control and operating responsibility. [11]
CBS: Fricklas worked on deals to tie and untie Viacom with CBS, including Viacom's merger with CBS (2000), split-off with CBS Corp. (2005), and the Blockbuster split-off (2004). In 2016, Fricklas was at the head of the impending transaction that broke-off negotiations for a merger between the companies. [12]
Viacom Headquarters Lease: Fricklas did the deal that built out the company's space to 1.6 million square feet for its Times Square headquarters office, a big economic win for New York City, according to Real Estate Weekly. [13] [14]
Cited as one of the "four best legal departments in the country" in 2016, Corporate Counsel recognized the Viacom in-house legal team under Fricklas for its protection of the company's intellectual property, and as a leader in legal automation, including leading edge e-discovery and document management. [15]
Prior to his 25-year career at Viacom, Fricklas was vice president, general counsel & secretary of Minorco, (U.S.A.) Inc. (now part of Anglo American PLC) and served on the board of its subsidiary, Hudson Bay Mining, and before that a corporate lawyer with Shearman & Sterling and a predecessor of DLA Piper where he first worked on technology licensing for Silicon Valley–based technology companies. [6]
Fricklas participates in a variety of volunteer activities: [2] [16] [17]
He is also secretary and a member of the board of directors of Jazz at Lincoln Center [19] and co-chair of the UJA Entertainment Media and Communications Division (current). [20]
Fricklas has served as a panelist at conferences, bar associations and university classes on varied topics such as communications law, cybersecurity, copyright, corporate governance, mergers & acquisitions, litigation and law department management. He has been a speaker at Harvard, NYU, Columbia, Yale, Boston University, University of Colorado, the Legal Talk Network [21] and the Lattice Society among others. [22]
Fricklas has been recognized as a legal expert and contributor in the entertainment industry and is the recipient of various awards noted in speaker biographies, such as Silicon Flatirons, which are provided for his classes, keynotes, and panelist engagements. [29]
Bar Admissions: California: 1984; [31] Colorado: 1990; [32] New York: 1993
Fricklas received a B.S.E.E. from the University of Colorado's College of Engineering and Applied Sciences in 1981 and a J.D., magna cum laude, from Boston University School of Law in 1984. [33]
Paramount Pictures Corporation, commonly known as Paramount Pictures or simply Paramount, is an American film and television production and distribution company and the namesake subsidiary of Paramount Global. It is the sixth-oldest film studio in the world, the second-oldest film studio in the United States, and the sole member of the "Big Five" film studios located within the city limits of Los Angeles.
The second phase of Viacom Inc., was an American multinational mass media and entertainment conglomerate with interests primarily in film and television. It was established on December 31, 2005, as one of two companies which succeeded the original Viacom, alongside the second CBS Corporation. The controlling shareholder of both companies was National Amusements, a theater company headed by businessman Sumner Redstone. The split was structured so that the original Viacom changed its name to CBS Corporation and spun out its cable and film interests as a new Viacom.
Sumner Murray Redstone was an American billionaire businessman and media magnate. He was the founder and chairman of the second incarnation of Viacom, chairman of CBS Corporation, and the majority owner and chairman of the National Amusements theater chain.
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The second incarnation of CBS Corporation was an American multinational media company with interests primarily in commercial broadcasting, publishing, and television production. It was formed on December 31, 2005, as the legal successor of the original Viacom, following the spin-off of the second incarnation of Viacom; both CBS Corporation and the second Viacom were controlled by National Amusements, a theater company owned by billionaire Sumner Redstone.
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Philippe Pierre Dauman is an American businessman who served as president, CEO and chairman of Viacom from September 2006 until May 20, 2016. Dauman was a longtime associate of the company's chairman Sumner Redstone. Dauman served from 1994 to 2000 as a member of Viacom's executive committee and as executive vice president in charge of strategic transactions, legal and government affairs, human resources and administration, supervising Paramount Pictures Entertainment, Showtime Networks and Simon & Schuster. Dauman was also a director at Redstone-owned CBS Corporation until September 2006.
Shari Ellin Redstone is an American businesswoman and media executive. She is the non-executive chairwoman of Paramount Global and chairwoman, president and CEO of National Amusements, and a former vice chair of CBS Corporation and Viacom. Through National Amusements, Redstone and her family hold majority voting power over Paramount Global and its subsidiaries – CBS, Comedy Central, BET, Showtime Networks, Nickelodeon, MTV and the film studio Paramount Pictures.
James N. Gianopulos is an American businessman. He served as chairman and CEO of 20th Century Fox and Chairman and CEO of Paramount Pictures until his departure in September 2021.
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Gibson, Dunn & Crutcher LLP is an American multinational law firm headquartered in Los Angeles, California. Founded in 1890, the firm has more than 1,900 attorneys and 1,000 staff in 21 offices across the world, including North America, Europe, Asia, and the Middle East. It is one of the largest and most profitable law firms in the world. The firm is known for its litigation practice, and in particular its strength in appellate law.
The original phase of Viacom Inc. was an American mass media and entertainment conglomerate based in New York City. It began as CBS Television Film Sales, the broadcast syndication division of the CBS television network in 1952; it was renamed CBS Films in 1958, renamed CBS Enterprises in 1968, renamed Viacom in 1970, and spun off into its own company in 1971. Viacom was a distributor of CBS television series throughout the 1970s and 1980s, and also distributed syndicated television programs. The company went under Sumner Redstone's control in 1987 through his cinema chain company National Amusements.
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The 2019 merger of CBS Corporation and Viacom was announced on August 13, 2019, and was completed on December 4, 2019. The merger of equals reunited CBS Corporation and Viacom into a single company known as ViacomCBS after their separation from the first incarnation of Viacom on December 31, 2005. Both companies were owned by the theater company National Amusements, which remains the owner of the merged entity.
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