{"id":130035,"date":"2022-10-31T23:56:45","date_gmt":"2022-10-31T23:56:45","guid":{"rendered":"https:\/\/fin2me.com\/?p=130035"},"modified":"2022-10-31T23:56:45","modified_gmt":"2022-10-31T23:56:45","slug":"plan-bs-plan-a-might-be-equity-sale-to-french-company-mediawan","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/plan-bs-plan-a-might-be-equity-sale-to-french-company-mediawan\/","title":{"rendered":"Plan B’s Plan A Might Be Equity Sale To French Company Mediawan"},"content":{"rendered":"

Plan B Entertainment, the award-winning company co-founded by Brad Pitt, is in talks to sell a significant stake to French media group Mediawan.<\/p>\n

According to a report from Bloomberg, Plan B has received bids from more than one potential investor. However, Mediawan, which has been backed by KKR & Co, is the front-runner, per Bloomberg.<\/p>\n

Plan B is expected to make a final decision in the next couple of weeks. Deadline has reached out for comment. <\/p>\n

Pitt founded Plan B in 2001 alongside his then-wife Jennifer Aniston and manager Brad Grey. The company has had a strong run of awards winners including Best Picture Oscars for 12 Years a Slave, Moonlight<\/em> and The Departed<\/em>.<\/p>\n

Should Plan B sell a stake, it would follow other star-fronted labels like Reese Witherspoon’s Hello Sunshine, which sold to a firm backed by private-equity giant Blackstone Group last year. <\/p>\n

Paris-based Mediawan has been on a recent expansion spree, and has grown through acquisitions in Europe.<\/p>\n

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Plan B Entertainment, the award-winning company co-founded by Brad Pitt, is in talks to sell a significant stake to French media group Mediawan. 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