Shaquille Oneal Martin Luther Kevin Mayer Tom Staggs Mark Burg Entertainment Hollywood film Shaquille Oneal Martin Luther Kevin Mayer Tom Staggs Mark Burg

Former Disney Execs Tom Staggs, Kevin Mayer Teaming With Shaquille O'Neal on Media/Entertainment SPAC

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hollywoodreporter.com

The "Blank Check" bonanza continues. On Thursday, a new Special Purpose Acquisition Company called Forest Road Acquisition Corp.

filed an S-1 filing with the Securities and Exchange Commission seeking to raise $250 million from investors to acquire or merge with a company in the technology, media or telecommunications sectors.

The most notable news for Hollywood, however, is who is behind the SPAC: Former Walt Disney Co. COO Tom Staggs, Disney's former direct-to-consumer chief Kevin Mayer, and former Disney executive vp Salil Mehta.

They are joined by NBA legend Shaquille O'Neal, film and TV producer Mark Burg (Saw, Two and a Half Men), former Focus Features CEO Peter Schlessel, Martin Luther King III and executives Teresa Miles Walsh and.

Read more on hollywoodreporter.com
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