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Industry | Entertainment |
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Founded | 1994 |
Founder | Dan Mintz Wu Bing Peter Xiao |
Headquarters | Beverly Hills, California, |
Products | |
Owner | Dan Mintz [1] |
Divisions |
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Website | www |
DMG Entertainment is a global entertainment and media company. The studio's most recognizable films include Looper (2012), Iron Man 3 (2013) and Bloodshot (2020).
DMG Entertainment began as a film production company that was founded by Dan Mintz, Wu Bing, and Peter Xiao. [2]
In 2012 DMG started co-producing and financing major motion pictures. Their first picture Looper generated 177 million dollars on a 30 million dollar budget.
After Looper, DMG would go on to produce Iron Man 3 with Marvel Studios, which would later become the most successful of all the Iron Man movies grossing over $1.2 billion in worldwide box office revenue.
In 2017, DMG Entertainment launched DMG VR, a new division focused on immersive storytelling. As part of a new project, DMG introduced Arcturus, a DMG subsidiary firm developing interactive VR technologies. [3]
In 2016 DMG also acquired the VR rights to Hasbro’s Transformers franchise, a live-action attraction and a theme park for Transformers Universe featuring its most notable characters Optimus Prime and Bumble Bee in an interactive environment using VR technologies. The first "digital theme park" opened in spring 2017 in Shanghai.
DMG Entertainment was majority shareholder of the books and comics publisher Valiant Comics since 2014, allowing it to have a significant impact on the company's recent development. Following the full acquisition of comic publisher Valiant Entertainment in 2018, DMG added two new divisions: "Books & Comics" and "Video Games".
In 2020, DMG's Valiant Entertainment produced Bloodshot with Columbia Pictures.
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Jason Kothari is an entrepreneur and business leader, known as a turnaround expert. He is the former CEO of Housing.com and FreeCharge. Previously, Kothari was the Chief Strategy and Investment Officer at Snapdeal. He started his career as the co-founder and CEO of Valiant Entertainment, a superhero entertainment company in the US. He acquired the bankrupt superhero entertainment company while a college student at Wharton and later sold it for $100 million to Hollywood and China-based DMG Entertainment.
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Bloodshot is a 2020 American superhero film based on the Valiant Comics character of the same name. It is intended to be the first installment in a series of films set within a Valiant Comics shared cinematic universe. Directed by David S. F. Wilson from a screenplay by Jeff Wadlow and Eric Heisserer, the film stars Vin Diesel in the main role, with Eiza González, Sam Heughan, Toby Kebbell, Lamorne Morris, and Guy Pearce in supporting roles. It follows a soldier who was killed in action, only to be brought back to life with superpowers by an organization that wants to use him as a weapon.
Dan Mintz is an American film executive, film director, film editor, cinematographer, and film producer. He is the founder and CEO of DMG Entertainment. Mintz has also directed independent films such as Cookers (2001) and American Crime (2004).
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