Photo Credit: In Touch
Will and Jada Pinkett Smith’s entertainment empire, Westbrook, faces a myriad of challenges, disrupting not only their professional endeavors but also casting a shadow over their personal lives.
Two years ago, Westbrook was riding high, boasting successful productions like Red Table Talk and the Oscar-nominated film King Richard. The Smiths aspired to sell their production company for a staggering $1 billion, aligning with the success of Reese Witherspoon’s Hello Sunshine. However, a recent report on Semafor reveals that Westbrook’s valuation fell short at $600 million, leading to a failed deal and initiating a downward spiral.
The turning point came with “The Slap” incident at the March 2022 Academy Awards, where Will Smith physically confronted presenter Chris Rock after a joke about Jada. Despite Will’s subsequent Oscar win and public apology, the aftermath of the incident has taken a toll on the couple’s relationship and triggered a financial crisis.
Sources exclusively tell In Touch that Will and Jada’s empire is in dire straits, facing a cash crunch that has compelled them to cut expenses and work tirelessly to avoid being in the red. Westbrook has struggled to secure new deals, witnessed a significant drop in revenue, and had to lay off half of its staff. Adding to the woes, Meta canceled Jada’s popular Red Table Talk following Facebook’s decision to shut down its original programs on Facebook Watch.
The challenges extend beyond the Oscars incident. Jada’s revelations in her memoir, “Worthy,” confirming a secret separation with Will since 2016, have further intensified the scrutiny on their personal lives. Will’s diminishing multimillion-dollar paychecks for films and the financial strain of their $42 million mega-mansion in Calabasas, coupled with ongoing costly renovations, contribute to the mounting pressures.
Despite the adversity, the couple remains steadfast. Jada insists there are no plans for divorce, emphasizing their commitment to hard work. The source suggests that, while separated, Will and Jada still perceive themselves as a significant team and a force in Hollywood. Only time will reveal if they can weather this storm and reclaim their status in the tumultuous world of entertainment.
Credit: In Touch
