“Blonde” maker Plan B Diversion is searching for another outline. The creation pennant run by Brad Pitt and Dede Gardner has tapped Moelis and Co. to search for a purchaser or likely financial backers.
The organization has a first-look bargain for television with Amazon Studios and a settlement with MGM Studios for film.
Reps for Moelis and Co. declined remark. Reps for Plan B couldn’t quickly be gone after remark.
Plan B was brought forth in late 2001 as an organization among Pitt and entertainer Jennifer Aniston, around four months after the two were hitched in July 2001. Pitt at last assumed control over the endeavor after the pair split in 2005.
Plan B has been useful throughout recent a long time as the pennant engaged with such noted pics as 2006’s “The Left,” 2015’s “The Enormous Short,” 2013’s “Universal Conflict Z” and “12 Years a Slave,” 2014’s “Selma,” 2018’s “In the event that Beale Road Could Talk” and 2020’s “Minari.” For television, the organization has conveyed such titles as HBO’s 2014 transformation of “The Typical Heart,” Amazon Prime Video’s 2021 restricted series “The Underground Railroad” and FX’s “Quarrel: Bette and Joan” from 2017.
This year, Plan B has been doing great with the HBO Max streaming hit “Father of the Lady of the hour” and the Marilyn Monroe biopic “Blonde.” “Blonde” is viewed as a top honors competitor this year especially for star Ana de Armas. Another high-profile Plan B film title going to hit multiplexes is #MeToo show “She Said,” featuring Samantha Morton and Tom Pelphrey.
In that capacity, now is the ideal opportunity to see what the market will bear for Plan B. Creation organizations with histories of conveying unmistakable top of the line content have been selling at high valutions. Without a doubt, Pitt and his accomplices have watched the new deals of Reese Witherspoon’s Welcome Daylight to Candle Media, Sony Pictures TV’s acquisition of Modern Media, to give some examples.
Major Content Acquisition Deals
| Hello Sunshine | August 2, 2021 | $900M | Reese Witherspoon’s media company sold to Blackstone-backed media venture run by Kevin Mayer and Tom Staggs |
|---|---|---|---|
| The SpringHill Co. | October 14, 2021 | $725M | A minority stake in LeBron James’ entertainment company to be acquired by a group led by RedBird Capital Partners |
| Moonbug Entertainment | November 4, 2021 | $3B | Mayer and Staggs will reportedly pay $3B for the “Cocomelon” maker |
| Endeavor Content | November 18, 2021 | $900M to $1B | South Korean media giant CJ ENM will control 80% of Endeavor Content’s scripted business |
| Westbrook Inc. | January 4, 2022 | N/A | Will & Jada Pinkett Smith sell a minority stake in their entertainment company to Mayer and Staggs |
| AGBO | January 5, 2022 | $1.1B | Gaming company Nexon bought a $400 million minority stake in Joe and Anthony Russo’s entertainment company |
| Critical Content | January 10, 2022 | N/A | SK Global acquired the unscripted production company from Anchorage Capital Group |
| Legendary Entertainment | January 31, 2022 | N/A | The company behind “Dune” sold a $760 million equity stake to private equity giant Apollo |
| Industrial Media | March 3, 2022 | $350M | Sony Pictures TV purchased production company behind ABC’s “American Idol” and TLC’s “90 Day Fiancé |
| Hartbeat Media | April 25, 2022 | $650M | Abry Partners invested $100 million for a minority stake in Kevin Hart’s production company |
| ATTN: | May 17, 2022 | $150M | Candle Media acquired media company focused on Gen Z & Millennial audiences |
| Jesse Collins Entertainment | June 21, 2022 | N/A | Production company Fulwell 73 acquired a minority stake in Jesse Collins Entertainment. Both companies will continue to produce independently |
| The North Road Company | July 6, 2022 | $800M | Peter Chernin received $800M in funding from private equity giants Providence Equity Partners and Apollo to create a new global content studio |
