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Colony Capital Eyes Minority Stake in Legendary Studio, Home of Godzilla

Godzilla: King Of The Monsters.

Godzilla: King Of The Monsters.

Source: Legendary Entertainment 

Colony Capital Inc., the investment company led by Tom Barrack, is weighing the purchase of a minority stake in Legendary Entertainment, the film and TV company behind the “Godzilla” franchise.

Colony has held talks about buying the stake in the media company from Chinese billionaire Wang Jianlin’s Dalian Wanda Group, according to people familiar with the matter. The investment could value the backer of “Jurassic World: Fallen Kingdom” significantly lower than the $3.5 billion Wanda acquired it for in 2016, some of the people said, asking not to be identified as the talks are private.