EXCLUSIVE: “Why isn’t Joe Biden on 60 Minutes tonight? Why wasn’t he on Meet the Press this morning?”
26.06.2024 - 11:53 / deadline.com
A24 has closed an investment round led by Thrive Capital, the New York investment firm of Josh Kushner, who will join the indie distributor’s board of directors.
The company also received increased support from existing investors who participated in the previous round including Ken Fox’ private equity firm Stripes, and investment fund Neuberger Berman.
There was no dollar figure given in the announcement of the fund raise, the company’s second. In 2022, it secured a $225 million equity investment led by Stripes that valued A24 at $2.5 billion. Deadline hears the investment announced today reps an increase in valuation of 40% since then, valuing it at just over $3.5 billion.
Nor did the company behind Civil War and Beef specify how it will use the funds. Deadline hears it will invest in and expand production and distribution and continue work on initiatives beyond the screen from music and publishing to consumer products and live theater. Its complementary businesses include production and management firm 2AM, makeup and skin care brand Half Magic, and NYC’s Cherry Lane Theatre.
Josh Kushner, brother of Donald Trump’s son-in-law Jared Kushner, has backed Open AI, Instagram, Spotify and Stripe, to name a few and Thrive has about $16 billion in assets under management. He is married to supermodel Karlie Kloss. The couple are working to revive iconic Life magazine under a licensing agreement with Dotdash Meredith.
“At Thrive we aim to invest in category defining businesses across every industry. In A24, we see a company bringing extraordinary talent and creativity together with business model and technology innovation to reinvent entertainment for the modern age. We are honored to partner with them,” Thrive said.
A24
EXCLUSIVE: “Why isn’t Joe Biden on 60 Minutes tonight? Why wasn’t he on Meet the Press this morning?”
Joe Biden and his presidential campaign continued to try to assuage fretful donors following the president’s dismal performance at the debate on Thursday.
EXCLUSIVE: Joe Biden’s reelection campaign has a problem with some of its top donors after last night’s debate fiasco, and they may have just made it worse.
“Mr. Biden is not the man he was four years ago,” the New York Times said today in the understatement of the moment as it a called for the incumbent to bow out of this year’s race against Donald Trump before it’s too late.
Former President Donald Trump, in his first rally since the presidential debate on Thursday, continued to go after Joe Biden as a bit of a master political manipulator even as much of the post-event focus has been on the president’s feeble performance.
Tatiana Siegel It was meant to be a night to assuage Hollywood’s donor class’ concerns about President Joe Biden’s fitness. But it quickly turned into a nightmare for some of the industry’s biggest Democratic backers.
New Edition put on a six-concert residency at Las Vegas’ Encore Theatre at Wynn.Turns out that wasn’t enough for the NE Family.Near the end of their brief stint, the legendary group announced onstage that they were adding six more summer dates at the 1,480-seat venue.And, after four long months of waiting, Ronnie, Bobby, Ricky, Mike, Ralph and Johnny are finally returning to the Encore Theatre. From July 3-13, the quintet will bring “Candy Girl,” “Can You Stand The Rain” and many, many more timeless R&B classics to the stage.If you want to be there to get down with them all over again, it isn’t too late to scoop up last-minute tickets.At the time of publication, the lowest price we could find on tickets for the six July shows was $85 before fees on Vivid Seats.Other shows start anywhere from $107 to $173 before fees.All things considered, that’s not bad for Vegas especially considering Ronnie DeVoe told the New York Post that the group “(brings) the same energy (they) sang the (songs) with back in the day.”Should those dates not work, New Edition will venture back to Sin City yet again from Oct.
President Joe Biden was more energetic and forceful at a rally this afternoon following his dismal performance at Thursday night’s debate with Donald Trump.
Mondaire Jones won his Democratic primary, setting him up for a general election showdown against Republican U.S. Rep. Dan Lawler in a district covering New York City’s northern suburbs and exurbs in the Hudson Valley.Jones, who is gay, was first elected to Congress in 2020.
When asked recently what he thought should be the first question at CNN’s Joe Biden–Donald Trump presidential debate on Thursday, ABC News’ George Stephanopoulos had a succinct answer: “Who won the last election?”
Jennifer Maas TV Business Writer Film and TV studio A24 has secured a new round of funding led by Josh Kushner’s investment firm Thrive Capital. In connection with the investment, Kushner will be joining the board of directors for A24, best known for such films as “Civil War,” “Everything Everywhere All at Once,” “Moonlight” and “Uncut Gems,” and TV series “Euphoria,” “Beef,” “Ramy” and “The Sympathizer.” Financial details and exact figures were not disclosed by A24 and Thrive Capital, but sources confirm to Variety the investment from Thrive Capital gives it a valuation of about $3.5 billion — a 40% increase since A24’s first round of funding, which was $225 million at $2.5 billion in 2022.
Jack Dunn Apple TV+ has revealed the lineup of “Super Music Friends” who will perform throughout the first 10-episode season of “Yo Gabba GabbaLand!,” which premiers Aug. 9. The lineup includes Anderson .Paak, Portugal.
The New York judge who will sentence Donald Trump next month has lifted parts of his gag order on the former president.
The White House in the past week has railed against so-called “cheap fakes,” videos edited to look as if President Joe Biden has “frozen” or was wandering away at major public events, while media outlets amplifying the moments have done little to add context.
Andrew Rannells delivered unexpected news during his appearance at the 2024 Tony Awards.
Pulitzer Prize-winning poet Jorie Graham, called one of the most celebrated poets of the American post-war generation, has posted a reply today to a New York Times opinion piece by Michelle Goldberg that ran Friday.
Professional polo player Nacho Figueras is the latest high profile person to reveal gifts he has received from Meghan Markle’s American Riviera Orchard brand. Meghan, Duchess of Sussex, launched the lifestyle brand earlier this year, and friends and fans including comedienne Mindy Kaling, model Chrissy Teigen, and Grey’s Anatomy actress Abigail Spencer took to Instagram to show off the strawberry jam they had been sent, that came complete with handwritten labels indicating each jar was part of a small batch of just 50.
Luke Newton was photographed for the first time with his rumored girlfriend Antonia Roumelioti amid rumors that linked him to his Bridgerton costar and onscreen love interest Nicola Coughlan.
Selena Kuznikov SPOILER ALERT: This interview contains spoilers fromSeason 3 of “Bridgerton,” now streaming on Netflix. Before “Bridgerton” Season 3 lead Luke Newton booked his role on the Regency era-drama, he was juggling auditions, any acting work he could find and working at a bar trying to pay his rent. Now, he’s leading the series, the third season of which saw its biggest debut in the show’s history.
School Spirits season two is officially in the works!