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As Scarlett Johansson argues with Disney over her compensation for “Black Widow,” claiming she lost $ 50 million, her ex Ryan Reynolds could be bracing for a windfall of several hundred million.
The Canadian “Deadpool” actor – who divorced Johansson ten years ago – married Blake Lively the following year. In late 2019, Reynolds also entered into a partnership with Mint Mobile, landing a stake in the prepaid phone provider even as he became its pitchman.
Reynolds quickly got to work, pushing the service to its 38 million Instagram followers and 17.7 million Twitter followers. According to a source, the 44-year-old star had a strong source of motivation: his participation in the Mint is estimated to be between 20 and 25 percent of the company, according to the source.
“Ghostbusters” star Rick Moranis joined Ryan Reynolds in an advertisement for Mint Mobile. (Mobile Mint)
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Now Mint is shopping and could sell between $ 600 million and $ 800 million, according to a source with direct knowledge of the situation. Altice USA, which owns cable, phone, internet and wireless services, is said to be the main buyer, although it is not clear whether it will eventually close a deal.
Altice USA recently put the emphasis on mobile phones by renaming its mobile service provider last week from Altice Mobile to Optimum Mobile. In his second quarter earnings call on Thursday, CEO Dexter Goei said mobile would continue to be a priority. “We will be looking to be more aggressive on the mobile side,” Goei added.
Altice declined to comment. Bank of America declined to comment. Mint Mobile did not respond to the request for comment. A representative for Reynolds was unable to immediately comment.
| Teleprinter | Security | Last | Change | Change % |
|---|---|---|---|---|
| OURS | ALTICE USA INC | 29.33 | -0.17 | -0.58% |
Mint is a Mobile Virtual Network Operator (MVNO), which means the company relies on another network – in this case T-Mobile – to provide service to customers. He started in California in 2016.
It’s unclear how far Mint has grown since Reynolds’ arrival, but a previous report suggests that between November 2017 and November 2020, the company increased revenue by 50,000%.
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“Celebrities usually invest in high-end products like skin care brands or delicious gin companies,” said Reynolds, making a sneaky reference to his previous business, Aviation Gin. “Still, Mint is making wireless much more affordable at a time when the average American is paying $ 65 a month.”
Investors could take this into account. Reynolds sold Aviation Gin last August for $ 610 million.
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