Hollywood
Miles Teller Cashes Out on Canned Cocktail Company in $325M Sale — But “I’m Not Retiring From Acting”
✦ AI Brief
Miles Teller, a leading actor, holds a minority stake in The Long Drink Company, makers of a ready-to-drink spritzer consisting of gin and grapefruit soda. The company has been sold to the Mark Anthony Group of Companies for a reported $325 million. Teller took a hands-on approach, increasing his stake and injecting capital to fund a national marketing expansion, which helped the brand more than triple in size since 2022.