W orking from a nondescript office building just north of downtown Atlanta, wealth advisor John Cary is preparing for a fresh run at Hollywood. Probably a lot, as the arms race for content triggered by the success of streaming shows no sign of slowing. The entrepreneur was feted by (L-R) Sumner Canfield, author Joanna Teplin and author Clea Shearer at NeueHouse Hollywood in Los Angeles, California. The reported $800 million price for Imagine appears understated, given the cash its library of popular films and TV shows likely generates. $500 millionEndeavor Content also is beginning to court investors and floating a $500 million price tag.
Source: Forbes August 11, 2021 10:30 UTC