Blackstone Group

Kevin Mayer’s investment firm eyes Will Smith’s Westbrook Studios

Will Smith and Jada Pinkett Smith’s Westbrook Studios is reportedly exploring a sale to Disney execs Kevin Mayer and Tom Staggs’ Blackstone Group-backed venture. The as-yet-unnamed company, which is backed by US private equity firm Blackstone, acquired Reese Witherspoon’s Big Little Lies producer Hello Sunshine last month in a deal valued at $900m. If it […]

Reese Witherspoon’s Hello Sunshine strikes $900m sale with US investment firm

Private equity firm Blackstone Group has acquired Reese Witherspoon’s Hello Sunshine, with former Disney exec Kevin Mayer appointed to a new company that will house The Morning Show prodco. The deal values Hello Sunshine at $900m and comes just five years since the production firm was launched. Since then, it has been behind shows including […]