Plan B Entertainment, the award-winning company co-founded by Brad Pitt, is in talks to sell a significant stake to French media group Mediawan
from Bloomberg, Plan B has received bids from more than one potential investor. However, Mediawan, which has been backed by KKR & Co, is the front-runner, per Bloomberg.
Plan B is expected to make a final decision in the next couple of weeks. Deadline has reached out for comment. Pitt founded Plan B in 2001 alongside his then-wife Jennifer Aniston and manager Brad Grey. The company has had a strong run of awards winners including Best Picture Oscars forShould Plan B sell a stake, it would follow other star-fronted labels like Reese Witherspoon’s Hello Sunshine, which sold to a firm backed by private-equity giant Blackstone Group last year.
Paris-based Mediawan has been on a recent expansion spree, and has grown through acquisitions in Europe.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Feds unveil plan to grow wind power while sparing rare whaleThe federal government has outlined a strategy to try to protect an endangered species of whale while also developing offshore wind power off the East Coast.
Lire la suite »
Fidelity: 74% of Institutional Investors Surveyed Plan to Invest in Digital Assets – Featured Bitcoin NewsA new study by Fidelity shows that 74% of institutional investors plan to invest in digitalassets in the future. cryptocurrency crypto bitcoin ether
Lire la suite »
Feds unveil plan to grow wind power while sparing rare whaleThe federal government has outlined a strategy to try to protect an endangered species of whale while also developing offshore wind power off the East Coast. President Joe Biden's administration has made a priority of encouraging offshore wind along the Atlantic coast as the U.S. pursues greater energy independence. The National Oceanic and Atmospheric Administration and the Bureau of Ocean Energy Management released a draft plan this month to conserve the whales while allowing for the building of wind projects.
Lire la suite »
Texas’ plan to provide water for a growing population virtually ignores climate changeTexas’ biggest single solution to providing enough water for its soaring population in the coming decades is using more surface water, including about two dozen new large reservoirs. But climate change has made damming rivers a riskier bet.
Lire la suite »
China slams reported plan for US B-52 bombers in AustraliaThe United States is preparing to deploy up to six nuclear-capable B-52 bombers in northern Australia, a news report said Monday, prompting China to accuse the U.S. of undermining regional peace and stability.
Lire la suite »
Bay Area Great America is closing, but some plan to resurrect itCalifornia's Great America will close sometime in the next decade after being sold.
Lire la suite »