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Amblin Partners Sells Minority Stake To Universal
Universal Buys Minority Stake In Amblin Partners
Deadline – February 15, 2017
By David Lieberman
Add Comcast’s Universal Filmed Entertainment to the list of companies backing Steven Spielberg’s Amblin Partners. The studio says this morning that it has bought a minority stake in Amblin, with Universal Filmed Entertainment Chairman Jeff Shell joining its board.
The companies offer no details about the size of the investment. Other backers include Participant Media, Reliance Entertainment, Entertainment One (eOne), and Alibaba Pictures. Read more.