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Will Smith and Jada Pinkett’s Westbrook Inc. Sells Minority Stake to Blackstone-Backed Media Company

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Kevin Mayer and Tom Staggs add to their collection
Will Smith and Jada Pinkett’s Westbrook Inc have sold a minority stake to Kevin Mayer and Tom Staggs’ unnamed media company, according to multiple reports. The deal with Westbrook is latest for the Blackstone-backed venture, which has so far acquired Reese Witherspoon’s Hello Sunshine, “CoComelon” producer Moonbug Entertainment. The company is also closing a deal for “Fauda” producer Faraaway Road Productions. The Information was first to report on the deal. Reps for Blackstone and Mayer/Staggs did not immediately respond to TheWrap’s request for comment.

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