Apollo to invest $760m in Legendary Entertainment.

Apollo Global Management, an American global alternative investment management firm, agreed to invest $760m in Legendary Entertainment, an American film production and mass media company based in Burbank, California. "We are excited to welcome Apollo as a new shareholder in Legendary and equally important as a thought partner in our business. This fund investment from Apollo validates our success to-date and invigorates our growth plans with a strategic capital partner who shares our goal to grow the business. The creative leadership of Mary Parent combined with our commitment to make culturally relevant, entertaining content allows us to continue to build on this success now with the support of Apollo as well as our partners at Wanda," Joshua Grode, Legendary CEO.