Two years ago, Will and Jada Pinkett Smith’s entertainment company, Westbrook, was thriving, producing successful projects such as Red Table Talk and the Oscar-nominated film King Richard. However, a potential $1 billion sale to a major company fell through when Westbrook was valued at $600 million, nearly half of the expected amount, according to a new report.
The situation worsened in March 2022 when Will Smith physically assaulted comedian Chris Rock during the Academy Awards after a joke about Jada. Despite Will winning an Oscar for his performance in King Richard and issuing a public apology, the incident negatively impacted the couple’s reputation and business. The report suggests that Westbrook struggled to secure new deals, experienced a significant drop in revenue, and had to lay off half of its staff. Additionally, Meta canceled Jada’s Red Table Talk after Facebook Watch’s original programs were shut down.
Jada’s revelations in her memoir, Worthy, which confirmed a secret separation from Will since 2016, added to the challenges. Will’s film earnings have reportedly decreased, and the couple’s expensive Calabasas mansion, along with ongoing renovations, has been a financial burden.
Despite these difficulties, the source emphasizes that Will and Jada remain positive, insisting that they are not planning to divorce. The couple sees themselves as a significant team in Hollywood, determined to overcome challenges and maintain their influence in the industry. However, the impact of recent events on their personal and professional lives remains uncertain.
