Robert Simonds - Variety500 - Top 500 Entertainment Business Leaders

Publish date: 2024-04-05

A consortium of investors led by Najafi Companies has closed its deal to purchase STX Entertainment, the beleaguered film and television company behind "Bad Moms" and "My Spy." The sale ends STX's unhappy union with Eros, the Indian media company that it merged with in 2020. The goal was to go public, which STXEros did, but to little investor fanfare. STX had previously tried and abandoned an effort to go public on the Hong Kong stock exchange in 2018, citing...

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