Kevin Hart’s Media Company Sells $100 Million Stake to Private Equity - The New York Times

The deal with Abry Partners is the latest example of private equity’s pushing into Hollywood to cash in on the demand for streaming shows.

Valuations have soared thanks partly from the firms interest. Hello Sunshine, the company founded by Ms. Witherspoon, was valued at nearly $1 billion in its deal with Candle Media, a new company back… [+1365 chars]

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