TBS Holdings,Inc. (TSE:9401) acquired an unknown minority stake in Legend Pictures, LLC from Apollo Global Management, Inc. (NYSE:APO) and Legendary?s leadership on January 16, 2026.

As part of the acquisition, Legendary Entertainment's management and Apollo-affiliated funds will be retaining the majority control in TBS Holdings,Inc.

The Raine Group LLC acted as financial advisor for Legend Pictures, LLC.

TBS Holdings,Inc. (TSE:9401) completed the acquisition of an unknown minority stake in Legend Pictures, LLC from Apollo Global Management, Inc. (NYSE:APO) and Legendary?s leadership on January 16, 2026.