Photo by Michael Buckner / Variety

Westbrook Inc., the entertainment company founded by Will Smith and Jada Pinkett Smith, has ended talks to sell to a new media venture backed by Blackstone Group and executives Kevin Mayer and Tom Staggs, sources tell Variety.

The two parties began discussions in mid-September, Variety previously reported, with the former Walt Disney Co. honchos looking to scoop up the 2-year-old company behind the streaming series “Red Table Talk” and the forthcoming Oscar contender “King Richard.”

Read the full article at Variety | Film | News.

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