Hollywood's Dolby Theatre, the home of the Academy Awards ceremony, has been sold to JEBS Hollywood Entertainment, led by Elie Samaha.

Turns out film producers and investors Elie Samaha and Jeff Sagansky weren’t competing to acquire Hollywood’s Dolby Theatre — they were working together. Jebs Hollywood Ente

An investment group led by Elie Samaha, who owns the TCL Chinese Theatre, has made a deal to acquire the 3,400-seat venue.

Elie Samaha's Jebs Hollywood Entertainment has bought Hollywood's Dolby Theatre, ahead of the upcoming 2025 Oscars.

Hollywood executive Jeff Sagansky and producer Elie Samaha are in a red carpet tug-of-war over the purchase of the Hollywood’s Dolby Theatre, host of the annual Academy Awards show.

The theater was bought by an investment group led by Elie Samaha, who also produced "The Boondock Saints" and owns the TCL Chinese Theater.

And the home of the Oscars goes to ... ... Jebs Hollywood Entertainment, an investment group that just purchased the famed Dolby Theatre for roughly $50 million, according to a source with knowledge of the transaction who was not authorized to comment.

JEBS Hollywood Entertainment LLC has acquired Dolby Theatre, an iconic live performance entertainment auditorium in Los Angeles’ Hollywood neighborhood. Terms of the transaction, which included two surface parking lots totaling 1.