Kevin Bacon and Kyra Sedgwick are one of Hollywood's most adored couples. Their decades long marriage and movie and TV success is a testament to their enduring love story but that's not to say they haven't faced hardship.
The couple — who are worth an estimated $100 million — previously faced a financial scandal that turned their lives upside dow.
It led to a huge lifestyle change and impacted their future in a way they never expected. Here's what happened.
They've been together since the '80s (@ AFP via Getty Images)
In the early 2000s, Kevin and Kyra Sedgwick, like many wealthy individuals, looked for opportunities to grow their bank balance through investments. They were introduced to a high-return investment opportunity that seemed too good to pass up... only it turned out to be a Ponzi scheme.

#kyra #sedgwick #turned #bacon

Like every job in Hollywood, managers have grappled with plenty of change in their work in the last decade. Luckily for Range Media Partners' Cora Olson and Michael Diamond, they have each other.
The duo has worked as a unit for 10 years, since being brought together at Mgmt Entertainment and eventually grew to run the lit division. They joined Range as partners in 2024 with a desire to evolve alongside the modern talent management firm, founded during the pandemic by a collective of former CAA, UTA and WME agents hoping to shake things up in the entertainment marketplace. The management company operates its talent representation business alongside an in-house production studio, allowing the operation to finance, develop and build equity in intellectual property.
All those contributing factors can help when putting together the right package to get a film or TV project off the ground in today's precarious Hollywood model — one with fewer greenlit projects and a reliance on safer bets from major distributors. But Olson and Diamond, who represent Hollywood big shots like "Schitt's Creek" Emmy winner Dan Levy, actress-producer-director Kyra Sedgwick and "Pig" filmmaker Michael Sarnoski, counter the ****** umption that original ideas are a tougher sell.
It just takes more work to get there.
"You're not just marrying this actor with this part, or this writer with this ****** ignment. It's not as much mix-and-match as it used to be, because there isn't that same amount of volume," Olson told Office With a View. "If you look at the shows and movies that are breaking through right now, it's those really fresh points of view that seem to resonate with audiences."

#diamond #partners

Kevin Bacon and Kyra Sedgwick celebrated 38 years of marriage without a red carpet or crowded party. Their anniversary weekend involved a canoe, a quiet lake and a pun Sedgwick was probably never going to let pass.
Sedgwick shared two photographs from the outing on September 9, five days after the couple's anniversary. She and Bacon sat together in a canoe wearing plaid overshirts, with Sedgwick in a baseball cap and Bacon in sunglasses. "Perfect anniversary weekend. ❤️ Canoe believe it's been 38 years?!" she wrote in the post.
Bacon had marked the actual anniversary on September 4 with a photograph from nearly 20 years earlier. The image showed the couple dressed for the 2006 Primetime Emmy Awards and sitting close together in the back of a car. His caption was even shorter: "38 years with my love."
Bacon and Sedgwick married on September 4, 1988, after falling in love while working together on Lemon Sky. Their latest anniversary also comes during another stretch of professional collaboration, with the couple now sharing directing duties on a movie starring their two adult children.
Sedgwick's September 9 post showed how the couple spent at least part of their anniversary weekend. PEOPLE reported that both wore plaid overshirts while sitting together on the water, with one photograph showing Sedgwick smiling toward Bacon from the other end of the canoe.

#bacon #sedgwick #couple