An investment firm backed by Blackstone and run by onetime Disney colleagues Kevin Mayer and Tom Staggs has taken a minority stake in Will Smith and Jada Pinkett Smith’s Westbrook Inc.The deal, confirmed to Deadline by a person familiar with the investment, followed discussions of a full acquisition of the company led by Will Smith and Jada Pinkett Smith.
Westbrook has had a hand in film and TV productions like King Richard, released last year by Warner Bros, as well as Facebook talk show Red Table Talk and a number of widely seen titles on Snapchat and other digital platforms.Financial terms were not immediately available.
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