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

Hollywood's Dolby Theatre, the home of the Academy Awards ceremony, has been sold to JEBS Hollywood Entertainment, led by Elie Samaha. The acquisition of the 3,400 seat theater was announced Tuesday by real estate brokers Avison Young,

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.

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.