Blackhall Studios Sold To Los Angeles Private Equity Group For $120M

Ryan Millsap opened the Blackhall Studios complex in Atlanta in 2007.

BYRON E. SMALL / courtesy of ATLANTA BUSINESS CHRONICLE

One of Georgia’s largest movie studios has changed hands.

Ryan Millsap said he sold Blackhall Studios to Los Angeles-based private equity firm Commonwealth Group. The reported sales price was $120 million.

Since opening in 2007, Blackhall’s complex, located 10 minutes south of downtown, has tripled in size. Its sound stages produce more than $500 million worth of content annually.

Read the full article at Atlanta Business Chronicle>>