Fox News Flash top entertainment headlines for August 17
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After Ryan Reynolds sold his Aviation Gin for an estimated $610 million, the "Deadpool" star has apparently set a hilarious out of office response.
According to Entertainment Tonight, when someone now tries to email Reynolds, this bounceback is received: "Thanks for your email. I am currently out of the office but will still be very hard at work selling Aviation Gin. For quite a long time, it seems."
He continues: "In related news, I just learned what an ‘earn out’ is... And I'd like to take this opportunity to apologize to everyone I told to go f**k themselves in the last 24 hours. My lawyers just explained how long it takes to achieve an 'earn out'... so... turns out I'm not as George Clooney as I thought. The point is, to those listed below, I'm sorry... and I'll indeed be needing your help in the coming months and years. Thanks in advance!"
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He then goes on to list several companies, notable names and loved ones including, "Mom, Blake, Peter, Diageo CEO, The Rock, George Clooney, Southern Glazer's, Betty White, TGI Friday's, Baxter, Calisthenics, AMC Theaters, Total Wine, The Number 8, Don Saladino, Darden, The Head of Alfredo Garcia, Soothing Lavender Eye Pillows."
Spirits giant Diageo, the alcohol giant which owns spirits like Johnnie Walker and Smirnoff, announced Monday its agreement to take Reynolds' American-style gin under its wing. Reynolds will retain an ongoing ownership interest in the gin.
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The deal is worth up to $610 million, and includes an initial payment of $335 million and further potential consideration of up to $275 million based on sales of Aviation American Gin during a 10-year period, Diageo said. Diageo’s spirits portfolio also includes gins like Tanqueray and Gordon’s.
“A little over two years ago, I became an owner of Aviation Gin because I love the taste of Aviation more than any other spirit. What I didn’t expect was the sheer creative joy learning a new industry would bring,” Reynolds said in a statement Monday, adding that growing the brand with his company Maximum Effort Marketing has been “among the most fulfilling projects I’ve ever been involved with.”
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Movie stars have been cashing in on the business of spirits in recent years. Similarly, George Clooney’s Casamigos tequila company, owned with Rande Gerber and Mike Meldman, sold to Diageo for $700 million, with another $300 million based on its performance in a 2017 deal.
Fox Business' Jeanette Settembre contributed to this report
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