Entertainment

Film Financing

Hollywood Merger Frenzy Turns to Bidding for Billion-Dollar Production Companies

July 21, 2021Media Mention
TheWrap Pro

Entertainment Partner, Sky Moore, shared his perspective regarding buyers' interest in purchasing premium content producing companies in The Wrap's article "Hollywood Merger Frenzy Turns to Bidding for Billion-Dollar Production Companies" and in their podcast "TheWrap-Up." 

Excerpts:

"I don't think the world has lost its mind and is going to overvalue these companies to a billion dollars. I think that's just, like, fruitcake."

"You get down to the fundamental question: What participations do they own on existing films? And I would be surprised if it's a whole lot."

Read the full article here (subscription required) and listen to the episode where you subscribe to podcasts.

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