Universal Acquires Minority Stake in Steven Spielberg’s Amblin Partners

Universal Filmed Entertainment will be taking a minority stake in Steven Spielberg’s Amblin Partners, Universal announced Wednesday.

As part of the deal, Universal chairman Jeff Shell will join the board of Amblin Partners. Universal now joins Amblin Partners’ group of strategic investors, which includes Participant Media, Reliance Entertainment, Entertainment One (eOne), and Alibaba Pictures.

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