âEveryone has dry powder for sports,â Ashley Cullins heard while reporting her recent look at the private equity firms circling Hollywood. Itâs a truism Bob Iger and Josh Kushnerâs 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 â 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 theyâre chasing and the deals that could come next â 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 âblackmailâ â even as both sides signal there may still be a path to a negotiated settlement.
Private Equity: Barbarians at the Hollywood Gates
Private Equity: Barbarians at the Hollywood Gates
âď¸ Bonta Calls âBlackmailâ As PSKY Settlement Vibes Stir
âď¸ Bonta Calls âBlackmailâ As PSKY Settlement Vibes Stir
âď¸Iger returns, Chapek out at DISNEY â a look at what lies ahead in 2023
âď¸Iger returns, Chapek out at DISNEY â a look at what lies ahead in 2023