EXCLUSIVE: Coming off its Best Picture Oscar win for Spotlight, Best Picture nomination for The Revenant and Golden Globe win for Mr. Robot, Steve Golin’s Anonymous Content is now earnestly moving toward shopping itself for what will likely be a minority stake in the company. Guggenheim is shopping it, and I’ve heard that among those kicking the tires are Endemol, eOne and Paramount.
It seems an opportune time to partially cash out and continue to expand the company. Its TV division has generated Mr. Robot, The Knick and True Detective, and has 10 TV series on the air or that have been greenlighted, 25 managers working with 500 clients, five production executives, and a lucrative commercials production division that works with 65 clients. More companies are looking for private money; Imagine Entertainment, at the end of its Universal deal, raised $100 million earlier this year, for example. I had heard that $100 million might secure that minority stake, but other sources disputed that was enough to get things done.
This has been a slow percolating situation, and it’s likely to take several months before something happens, I’m told. The company could always remain freestanding, but if there were ever a time to cash in on success, now seems a pretty good time. Anonymous Content isn’t commenting. Stay tuned.