Hollywood Merger Frenzy Turns to Bidding for Billion-Dollar Production CompaniesJuly 21, 2021 – Media Mention
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."
"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.