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Raine Group Close to Sale of Majority Stake in Ron Howard and Brian Grazer’s Imagine Entertainment | Exclusive
The legendary production company, once home to hits like “Friday Night Lights” and “The Grinch,” hasn’t had a runaway success in a decade The Raine Group is nearing a deal to sell its majority stake in Ron Howard and Brian Grazer’s…
Summary
The legendary production company, once home to hits like “Friday Night Lights” and “The Grinch,” hasn’t had a runaway success in a decade The Raine Group is nearing a deal to sell its majority stake in Ron Howard and Brian Grazer’s Imagine Entertainment, exiting its 51% ownership that the company purchased for $100 million in 2016, TheWrap has learned.
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