Shane P. Nix
Partner
Prior to joining Venable, Shane was an associate tax attorney at a global firm in Silicon Valley, where he represented both sell-side and buy-side clients in M&A transactions and advised technology and media companies with respect to choice of entity formation and various tax matters.
Shane started his career at PricewaterhouseCoopers in New York City, where he advised public and private companies and private-equity firms on international and domestic aspects of restructurings, divestures, and various stages of mergers and acquisitions, including due diligence, structuring, and post-merger integration. Shane also worked at Deloitte Tax LLP in Chicago as a tax consultant, focusing on R&D tax credit substantiation.
Experience
Experience
Representative Matters
- Represented a variety of prominent music artists in connection with catalogue sales, including structuring a $300 million hip hop catalogue sale and a $150 million classic progressive rock band catalogue, as well as structuring a $200 million record deal with a prominent hip hop artist
- Represented a production company with respect to tax planning in connection with a $500 million movie deal, including the allocation of S-corporation distribution and compensation
- Represented a prominent rock band in connection with structuring copyright ownership and tax opinion related thereto
- Represented a talent management company in connection with structuring a $165 million sale of controlling interest in the company
- Represented production companies in planning for timing differences arising from copyright ownership, including new issues in connection with new tax legislation
- Represented talent in connection with loanout company tax matters, including drafting employment agreements
- Represented talent in film, television, and music in connection with residency planning and service/royalty sourcing
- Represented a prominent production company in connection with structuring the sale of video game rights, production tax planning, and overall corporate structure
- Represented celebrities, brand ambassadors, musicians, actors, and other talent in connection with structuring endorsement deals
- Advised clients regarding taxation of exercising copyright termination rights
Insights
Insights
Credentials
Credentials
Education
- LL.M. New York University School of Law 2008
- J.D. cum laude DePaul University College of Law 2006
- Staff Writer, Case Notes and Comments, DePaul-LCA Journal of Art and Entertainment Law
- B.A. Economics University of Michigan 2002
- University Honors
Bar Admissions
- California
- Illinois
- New York
Professional Memberships and Activities
- Member, American Bar Association
- Member, Beverly Hills Bar Association
- Member, Motion Picture TV and Tax Institute
- Member, Executive Committee, USC Tax Institute; chairman, Individual Taxation Subcommittee
- Member, Planning Committee, CalCPA Entertainment Industry Conference
- Former member, Executive Committee, Beverly Hills Bar Association as the chair of the Entertainment-Tax Subcommittee
- Contributor to the Journal of Taxation covering bad debt deductions and worthless stock losses
- Author of "A Guide to Structuring and Taxation in the Entertainment Industry" in The Essential Guide to Entertainment Law: Deal Making, and other scholarly publications
- Frequent speaker on matters pertaining to entertainment and media
Recognition
Recognition
- Los Angeles Business Journal, 40 Thriving in Their 40's, 2020