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Reese Witherspoon
Laura Jeanne Reese Witherspoon (born March 22, 1976) is an American actress, producer, and entrepreneur. The recipient of several accolades, including an Academy Award and a Primetime Emmy Award, she is among the highest-paid actresses in the world, as of 2019. Time magazine named her one of the 100 most influential people in the world in 2006 and 2015.
Will Smith
Willard Carroll Smith Jr. (born September 25, 1968) is an American actor and rapper. In April 2007, Newsweek called him "the most powerful actor in Hollywood". Smith has been nominated for five Golden Globe Awards and two Academy Awards, and has won four Grammy Awards.
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A24 Scores $225 Million Equity Investment, $2.5 Billion Valuation
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variety.com
variety.comBrent Lang Executive Editor of Film and MediaA24, the indie studio behind “Moonlight” and “Uncut Gems,” announced an equity investment of $225 million, which it says it will use to invest in and expand its production and distribution operations.
Stripes serves as the lead investor for the round and Stripes’ Founder, Ken Fox, will join A24’s board as part of the investment.
Neuberger Berman, on behalf of client funds, co-led a group of investors in the round. Collectively, this investment group will hold less than 10% of the company.
That values the company at $2.5 billion. This is the first equity raise for A24 since an initial seed funding by Eldridge, which remains a minority stakeholder in the company.
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