Saturday, January 28, 2023
New York CT
No Result
View All Result
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech
No Result
View All Result
newyorkCT
No Result
View All Result
Home Business

Will Smith and Jada Pinkett Smith sell media company stake to ex-Disney execs

admin by admin
January 5, 2022
in Business
0
Will Smith and Jada Pinkett Smith sell media company stake to ex-Disney execs
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Will Smith and Jada Pinkett Smith have reportedly offered a minority stake of their media firm, Westbrook, to former Disney executives Tom Staggs and Kevin Mayer.

Westbrook — which produces Netflix’s hit collection “Cobra Kai” and which backed “King Richard,” the biopic starring Will Smith as Richard Williams, the daddy of tennis stars Venus and Serena Williams — had been in talks with Staggs and Mayer till the deal fell aside in October.

Sources advised Selection that Staggs and Mayer’s enterprise paid $60 million for a roughly 10% possession stake. The deal values the corporate at slightly below $600 million.

Mayer and Staggs are being financed by private-equity large Blackstone Group. Their media enterprise made headlines final 12 months when it bought Reese Witherspoon’s production company Hello Sunshine in a deal valued at $900 million and adopted that up with a $3 billion deal for Moonbug Leisure, the youngsters’s TV firm behind “CoComelon” and “Blippi.”

Will Smith and Jada Pinkett Smith
Will Smith and Jada Pinkett Smith had been in talks to promote a minority stake in Westbrook late final 12 months.
FilmMagic

Westbrook Inc. is comprised of a manufacturing studio, Westbrook Studios, and a digital arm, Westbrook Media. Upcoming tasks for the corporate embody the motion movie “Emancipation,” which can seem on Apple TV+ and star Will Smith, in addition to the “Contemporary Prince” reboot “Bel-Air’ that can premiere subsequent month on Peacock.



Source link

Tags: companyexDisneyexecsJadaMediaPinkettsellSmithstake
admin

admin

Related Posts

Slashed bonuses mean Wall Streeters are living less large
Business

Slashed bonuses mean Wall Streeters are living less large

January 28, 2023
Joe Rogan calls media ‘propaganda department’ after Atlanta violence
Business

Joe Rogan calls media ‘propaganda department’ after Atlanta violence

January 28, 2023
Sam Bankman-Fried expected ‘The Shawshank Redemption’ jail
Business

Sam Bankman-Fried expected ‘The Shawshank Redemption’ jail

January 27, 2023
Next Post
New York City Offering $100 Booster Incentive; De Blasio Says Vaccinations Still Key To Fighting Omicron – CBS New York

Mayor Adams Expected To Address COVID Strategy As Omicron Cases Surge Across New York City – CBS New York

Gov. Hochul To Give 1st State Of The State Address – CBS New York

Gov. Hochul To Give 1st State Of The State Address – CBS New York

Elizabeth Holmes juror reveals reason he convicted Theranos scammer

Elizabeth Holmes juror reveals reason he convicted Theranos scammer

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Chelsea Handler wants a late-night talk show again

Chelsea Handler wants a late-night talk show again

7 months ago
Mount Vernon’s ‘Level Up’ program offers qualified residents $500 a month

Mount Vernon’s ‘Level Up’ program offers qualified residents $500 a month

6 months ago
It’s ‘too much’ like ‘Dallas’

It’s ‘too much’ like ‘Dallas’

11 months ago
Robert F. Smith haunted by tax scandal after losing race for Denver Broncos: sources

Robert F. Smith haunted by tax scandal after losing race for Denver Broncos: sources

7 months ago

Categories

  • Business
  • Entertainment
  • Fashion
  • Health
  • News
  • Opinion
  • Politics
  • Sports
  • Tech

Topics

Adams Biden Bidens Big Bill Cases CBS CEO City Court COVID COVID19 Day dead Elon Eric Gov Health Hochul home House inflation Joe Kathy man Mandate Mayor monkeypox Musk NYC Office Report reveals school State time Trump Twitter Ukraine Vaccine win workers Yankees years York
No Result
View All Result

Highlights

S Club 7 star reveals she’s homeless, sleeps in an office with her two children

Google exec fired after female boss groped him at drunken bash

Jan. 6 rioter who admitted to spraying officer Brian Sicknick sentenced to more than 6 years in prison

Mental health top of mind before release of Tyre Nichols arrest video

Slashed bonuses mean Wall Streeters are living less large

Israeli paramedics say 2 wounded in new Jerusalem attack

Trending

North Korea says US fueling ‘proxy war’ to destroy Russia
News

North Korea says US fueling ‘proxy war’ to destroy Russia

by admin
January 28, 2023
0

North Korean accused the U.S. of ramping up a “proxy battle” to destroy Russia by offering...

The world needs more big families like ours for humans to survive

The world needs more big families like ours for humans to survive

January 28, 2023
The Latest Knicks News Before Their Game vs. Brooklyn (Video)

The Latest Knicks News Before Their Game vs. Brooklyn (Video)

January 28, 2023
S Club 7 star reveals she’s homeless, sleeps in an office with her two children

S Club 7 star reveals she’s homeless, sleeps in an office with her two children

January 28, 2023
Google exec fired after female boss groped him at drunken bash

Google exec fired after female boss groped him at drunken bash

January 28, 2023

© 2021 Newyork CT All Rights Reserved

No Result
View All Result
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech

© 2021 Newyork CT All Rights Reserved