Deals like Apollo's stake in "Dune" producer Legendary are heating up M&A in Hollywood. Insider identified 10 companies that could be acquisition targets in 2022.
The Discovery way of producing shows is "budget first, then everything else," said one TV agent. Industry insiders see changes ahead for HBO and HBO Max reality series and executives under Warner Bros. Discovery CEO David Zaslav.
Private equity is flooding Hollywood and media with cash as Netflix, Disney, and more spend billions on content. Apollo Global is poised to capitalize on streaming consolidation and acquire more entertainment assets, said parter Aaron Sobel.