Over the course of their long partnership, Imagine Entertainment partners Brian Grazer and Ron Howard have been through every machination, from overall studio deal to going public (and hating it) to being financed by hedge fund Raine Capital. Latter has been the prolific company’s current financing situation, but that could change. WSJ is reporting that the Imagine partners are “exploring a sale.” Deadline hears that the company has gotten a number of incoming inquiries over the past eight weeks, to buy or merge. So Grazer and Howard have retained JP Morgan to strategize.
Imagine, which hit a high when A Beautiful Mind won Best Picture, keeps rolling along with successes like 24 in the TV space and myriad documentaries, some of which Howard directed. Stay tuned to see if their company welcomes a new iteration.