Private Equity Has Billions Ready for Hollywood. Who Gets It?

Private Equity Has Billions Ready for Hollywood. Who Gets It?

“Everyone has dry powder for sports,” Ashley Cullins heard while reporting her recent look at the private equity firms circling Hollywood. It’s a truism Bob Iger and Josh Kushner‘s Thrive Capital proved, buying the Los Angeles Lakers for $12.5 billion. But sports is only part of the story. With billions in undeployed capital sitting on the sidelines, where else is private equity looking to spend — and what kinds of Hollywood companies still look attractive amid lofty valuations, delayed exits and fears of an AI bubble? Ashley joins Elaine Low and Sean McNulty to break down the biggest players, the sectors they’re chasing and the deals that could come next — plus the bigger question hanging over all of it: Is private equity actually good for Hollywood? Plus: David Ellison turns up the pressure in the Paramount-Warner Bros. Discovery fight, threatening to move the company out of California as Rob Bonta calls it “blackmail” — even as both sides signal there may still be a path to a negotiated settlement. Learn more about your ad choices. Visit megaphone.fm/adchoices

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How Zendaya & Tom Holland Won Summer; Ellison on the Defensive

How Zendaya & Tom Holland Won Summer; Ellison on the Defensive

It’s been a while since Hollywood has seen a power couple quite like Zendaya and Tom Holland. With Spider-Man: Brand New Day and The Odyssey, the newlyweds helped drive more than $2 billion (and count...

6 Aug 37min

The Waiting Game at WBD; SpaceX’s L.A. Mansion Rush

The Waiting Game at WBD; SpaceX’s L.A. Mansion Rush

What a difference a month makes. With Paramount’s bid to buy Warner Bros. Discovery now in limbo, 35,000 Warners staffers have plenty of time to reconsider their options. Could HBO chief Casey Bloys o...

30 Juli 32min

BONUS EP: California AG Rob Bonta on the Coming Paramount Trial: 'We're Not Talking Settlement'

BONUS EP: California AG Rob Bonta on the Coming Paramount Trial: 'We're Not Talking Settlement'

What could Paramount Skydance do to make a dozen attorneys general drop their lawsuit against the Warner Bros. Discovery merger? Sell off CNN? Paramount Pictures? According to California Attorney Gene...

28 Juli 13min

BONUS EP: Paramount’s Looming Debt Bomb — With Analyst Robert Fishman

BONUS EP: Paramount’s Looming Debt Bomb — With Analyst Robert Fishman

David Ellison may be calling Paramount’s agreement to delay its $111 billion Warner Bros. Discovery acquisition a “significant win.” Wall Street appears less convinced. Paramount Skydance shares sank...

27 Juli 45min

Why A24 Wants Letterboxd — and the Impossible ‘Odyssey’ Ticket

Why A24 Wants Letterboxd — and the Impossible ‘Odyssey’ Ticket

Who’s buying Letterboxd? The social media platform, prized for its Gen Z audience and movie fan bona fides, is on the market for a rumored $250 million — with multiple studios circling. Dealmakers col...

23 Juli 28min

BONUS EP: Rob Bonta: How We Plan to Kill the Paramount-WBD Deal

BONUS EP: Rob Bonta: How We Plan to Kill the Paramount-WBD Deal

States, 1. Paramount, 0. The $111 billion Paramount–Warner Bros. Discovery merger has hit its first real wall after a coalition of 12 states won a temporary restraining order blocking the deal. And Ca...

21 Juli 35min

The Case Against Paramount-Warner — From the People Fighting It

The Case Against Paramount-Warner — From the People Fighting It

It’s a bad week for David Ellison, with Paramount Skydance facing two concurrent lawsuits seeking to block its $111 billion acquisition of Warner Bros. Discovery — plus a shareholder case accusing Ell...

16 Juli 33min

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