David Geffen: Last News

Mackenzie Nichols Staff WriterWhen Broadway closed its doors on March 12 due to the coronavirus pandemic, The Great White Way saw closures and rescheduling that would mark the longest shutdown in history and create a monumental economic impact.Now, Hugh Jackman’s Broadway comeback of “The Music Man” has rescheduled preview performances and the opening night until April 7, 2021 and May 20, respectively, according to an announcement by producers Scott Rudin, Barry Diller and David Geffen on Wednesday. Rehearsals will begin on February 8, 2021.

James McClain It’s too early to be certain, but there are signs L.A.’s ultra-high-end property market may be cautiously emerging from its coronavirus-induced cocoon. David Geffen recently downsized to a $65 million Beverly Hills estate, Elon Musk sold his $29 million Bel Air main residence to a Chinese billionaire, rapper Travis Scott inked a $23.5 million deal in Brentwood and Seagram heiress Ellen Bronfman and her husband Andrew Hauptman shelled out $21.5 million for a sprawling Malibu compound.Pacific Palisades resident Hillary Thomas recently went hunting for a residential upgrade, quickly falling for an all-new estate with every designer amenity imaginable and mesmerizing Pacific ocean views.

James McClain It’s too early to be certain, but there are signs L.A.’s ultra-high-end property market may be cautiously emerging from its coronavirus-induced cocoon. David Geffen recently downsized to a $65 million Beverly Hills estate, Elon Musk sold his $29 million Bel Air main residence to a Chinese billionaire, rapper Travis Scott inked a $23.5 million deal in Brentwood and Seagram heiress Ellen Bronfman and her husband Andrew Hauptman shelled out $21.5 million for a sprawling Malibu compound.Pacific Palisades resident Hillary Thomas recently went hunting for a residential upgrade, quickly falling for an all-new estate with every designer amenity imaginable and mesmerizing Pacific ocean views.

James McClain Fresh off selling his legendary Beverly Hills estate to Jeff Bezos for a California record $165 million, multibillionaire mogul David Geffen has opted to downsize his living circumstances, in a manner of speaking, by purchasing a nearby compound that also boasts Old Hollywood ties.The Los Angeles Times first reported rumors of the impending transaction, and now sources say the deal is essentially done. The discounted sale price, believed to be approximately $62 million, is significantly under the last $82.5 million ask and barely half of the optimistic $125 million pricetag the property initially sported, way back in fall 2018.