Ron Howard and Brian Grazer Hire Bankers to Sell Imagine Entertainment

The producers had tried to sell in 2022 but the deal never happened

Brian Grazer and Ron Howard attend Lucasfilm and Imagine Entertainment's "Willow" Series Premiere in Los Angeles
Brian Grazer and Ron Howard attend Lucasfilm and Imagine Entertainment's "Willow" Series Premiere in Los Angeles (Credit: Jesse Grant/Getty Images for Disney)

Ron Howard and Brian Grazer are looking to sell their Imagine Entertainment banner, TheWrap has learned.

The company has retained JP Morgan for strategic guidance. The sale could allow global merchant bank Raine Group, Imagine’s main investor since 2016, to exit. Imagine is profitable, but its revenue and potential sale value are unknown.

An individual with knowledge of the discussions told TheWrap that Howard and Grazer tapped JP Morgan as they were receiving inbound offers.

Imagine Entertainment has considered selling before. In 2022, it discussed selling a majority stake to London investment firm Centricus for $600-800 million, as TheWrap previously reported.

Comments

One response to “Ron Howard and Brian Grazer Hire Bankers to Sell Imagine Entertainment”

  1. Alis Avatar
    Alis

    Looks like Ron Howard and Brian Grazer are taking their “Imagine” a little too literally. Wonder what Spielberg’s selling next – his dreams?

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