STX Sold to Investor Group Led By Najafi Companies
THR, Esq. 2022-04-22
Summary:
STX Entertainment, the Robert Simonds-founded film and TV studio that once hoped to compete with Hollywood majors by focusing on mid-budget, talent-driven projects, has found another buyer in an investor consortium led by Najafi Companies. Investment firms AS Birch Grove LP and 777 Partners joined in financing the deal, which was unveiled on Friday. STX’s […]