Imagine Entertainment, the production company run by Ron Howard and Brian Grazer, has received “some inbound interest from a potential suitor,” writes Sarah Krouse and Jessica Toonkel for the Wall Street Journal. The producer of films like “A Beautiful Mind” is in touch with bankers to enable a sale, added the story. A buyer would enable Raine Group, “which invested more than $100M in 2016, to exit.” noted the WSJ story. Publicly traded companies in the space include: Warner Bros. Discovery (WBD), Paramount (PARA), Netflix (NFLX), Disney (DIS) and Amazon.com (AMZN).
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