He Earned $100 Million in 2022 Mostly thanks to Plan B! According to Forbes, Brad's majority sale of the company in December earned him $113. He also earned another $30 million from Bullet Train, Babylon and The Lost City.
The latest move comes courtesy of Plan B Entertainment, the production company owned by actor Brad Pitt, which has been sold to French media conglomerate Mediawan, the companies announced Friday afternoon.
How much did the Plan B production company sell for?
A majority stake of the company, which largely produces movies that often win laurels but seldom turn a profit, was acquired by Mediawan in a deal valued at approximately $300 million. Half of it was paid in cash and the other half in shares of Mediawan.
How Much Money Did Brad Pitt Make From Movies | Earnings |
How much did Brad sell Plan B for?
The deal, which has been signed, values Plan B in the hundreds of millions but below $500 million, said the people, who asked not to be named because the discussions are private.
The all-male teams of investors behind Plan B are poised to make big bucks. According to the websites of the two private equity firms, Kelso and Juggernaut, only men make up the teams overseeing the maker of the top-selling emergency contraception in the United States. And their paydays could be big.
One dose of brand- name Plan B typically sells for around $46. And it's probably quite profitable: It had a more than 85 percent profit margin when it was sold as a prescription drug by Barr, said David Woodburn, a former analyst who covered the company.
While there isn't a specific law against men buying the morning after pill, pharmacists have a duty of care which means they may have to see the person who is actually taking the pill in person.
These pharmacies may believe the decision to take emergency contraception pills, or not take them, should lie entirely with a woman. Some health professionals worry that men who purchase the morning after pill may coerce their female partners to take emergency contraceptives against their will.
Plan B can fail if a person: Takes Plan B more than 72 hours after intercourse. Vomits within 2 hours of taking Plan B. Has a larger body mass and does not take the dosage that is right for them.
The Hollywood star first ventured into the wine-making industry more than a decade ago, and he launched his champagne business in 2020. Brad told PEOPLE: "Champagne for me, conjures up feelings of celebration, quality, prestige, and luxury. But rose Champagne is still relatively unknown.
Effectiveness. Emergency contraception pills reduce the risk of pregnancy by approximately 75%. In other words, out of 100 women who have unprotected intercourse mid-cycle, approximately 8 would become pregnant. With use of emergency contraception pills, only 2 of the 100 would become pregnant.
It's about 89% effective for preventing pregnancy when taken within 72 hours (3 days) of unprotected sex. Plan B works by delaying ovulation (the release of an egg). Research suggests it's likely not effective when taken after ovulation has already happened.
According to studies, emergency contraception is effective 75-89% of the time if taken within a 72-hour period from unprotected vaginal intercourse. The longest suggested is 120 hours (5 days). Please know the further you are from the hour you ended intercourse, the lower the EC's effectiveness becomes.
How Much Does Plan B Cost? Plan B One-Step usually costs about $40–$50. Generics like Take Action, My Way, Option 2, Preventeza, My Choice, Aftera, and EContra generally cost less — about $11–$45.
Therefore, taking Plan B as early as possible gives the medication the best chance of working. Plan B also makes it more difficult for a pregnancy to implant in the uterus if a person does ovulate. In tests by the manufacturer, Plan B One-Step was effective at preventing 84% of pregnancies.
Use of Emergency Contraception Pills Has Increased Over the Past Two Decades. Younger women are more likely to report that they have ever used EC (Figure 2). More than one third of women ages 15-24 (34%) and women ages 25-34 (36%) say they have taken EC pills, compared to 17% of women ages 35-44.
The Center for Reproductive Rights sued the FDA in 2005 for failing to grant over-the-counter status to Plan B against the advice of scientific experts and in violation of its own procedures and regulations.
There is no known limit on the number of times you can safely use Plan B. Plan B can even be taken more than once in the same menstrual cycle. While research is limited, existing data suggest repeated, long-term use of Plan B has no known health risks and does not affect future fertility.
