Aaron Sobel
Courtesy of Apollo Global Management
United States
2022

Apollo Global Management

Aaron
Sobel

Partner, Private Equity

Sobel and his Apollo partner, Lee Solomon, had their fingers (and private-equity funds) in an impressive collection of megadeals in 2022. They kicked off the year with a $760 million preferred equity investment in Legendary Entertainment, the mini-major studio behind such tentpole features as “Dune” and “Godzilla vs. Kong.” In July, Sobel guided $800 million in financing to create independent content studio the North Road Co., which, as part of the deal, had the new entity’s chief, Peter Chernin, acquiring the remaining 50% of documentary prodco Words + Pictures. The duo also drove Apollo’s acquisition of Lumen Technologies’ assets to create broadband network provider Brightspeed, supported the sale of several Cox Media Group assets to One Equity Partners and spearheaded Apollo’s partnership with Roku on a joint bid for a minority stake in Starz.  

Career

  • Legendary Entertainment
  • Goldman Sachs
  • Apollo Global Management

Education

  • University of Michigan (MI, USA)

Variety Honors

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News from Variety

'Dune' Producer Legendary Entertainment Sells $760 Million Stake to Apollo

'Dune' Producer Legendary Entertainment Sells $760 Million Stake to Apollo

Legendary Entertainment has sold a $760 million equity stake to Apollo, the companies announced on MondayThe pact gives the investment giant a minority ownership position in the studio behind "Dune" and "Godzilla vs. Kong." In July, Variety broke the news that Legendary was exploring a possible sale and merger and had abandoned an earlier plan to merge with a special purpose acquisition company (SPAC).Wanda, which bought Legendary in 2016 for $3.5 billion, will continue to have a stake in the...

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