Robert Simonds

Last updated

Robert Simonds
Robert Simonds.jpg
Simonds at the premiere of
Yours, Mine & Ours in 2005
Born1964 (age 59–60)
Phoenix, Arizona, U.S.
NationalityAmerican
Alma mater Yale University
Occupation(s)Film producer
Chairman,
STX Entertainment
Years active1990–present
Known for
Spouse
Anne Biondi
​
(m. 1999)​
Children5

Robert Bruce Simonds Jr. (born 1964) is an American film producer, entrepreneur, and the founder & chairman of STX Entertainment, which creates, produces, distributes, finances, and markets film (as STXfilms), television (as STXtelevision), digital media (as STXdigital), and live events as well as virtual reality (as STXsurreal). [1] According to The Wall Street Journal in its first four years, Simonds more than tripled the company's valuation to an estimated US$3.5 billion. [2] [3] In September 2017, it was reported that STX was close to an initial public offering on the Hong Kong Stock Exchange (SEHK), [2] and in April 2018, the company announced it had filed for an IPO. [4] In October 2018, it was announced that STX would not go through with the IPO, as political and market conditions had changed. [5] Prior to working at STX, Simonds was an independent film producer whose over 30 films have generated more than $6 billion in worldwide box office revenue. [6] Simonds is reported to have a net worth of $800 million. [7]

Contents

Early life and education

Simonds was born in Phoenix the son of Robert Bruce Simonds Sr., a businessman. He graduated from Yale University. [8]

Producing

From 1990 to 2012, Simonds produced over 30 Hollywood studio films, including the Adam Sandler films Billy Madison , Happy Gilmore , The Wedding Singer , Big Daddy and The Waterboy ; Cheaper by the Dozen , and The Pink Panther which stars Steve Martin. He also produced This Means War with Academy Award-winning actress Reese Witherspoon and Tom Hardy. Simonds has produced a number of highly-profitable cult films including Joe Dirt and Half Baked . [1] [6] [9]

STX Entertainment

Formation

In 2012, Simonds and Bill McGlashan, founder and managing partner of private equity firm TPG Growth, began conceptualizing and building a film, television and multimedia company that would make, market and distribute star-driven, commercial content to be distributed worldwide. [10] [11] In 2014, STX Entertainment was formally launched with financing led by TPG Growth, and the company later secured investments from Chinese private equity firm Hony Capital and other individuals including Gigi Pritzker and William "Beau" Wrigley, Jr. II. [1]

Serving as chairman and CEO of STX, Simonds hired entertainment industry veterans to build his executive team including former Viacom Entertainment Group COO Thomas B. McGrath [12] and former CEO of Crest Animation Noah Fogelson. [12] Former Universal Pictures chairman Adam Fogelson [13] and former Disney and Fox production and marketing chief Oren Aviv were also added to the team. [14] Discovery Communications' former CFO Andrew Warren [15] and former Paramount Pictures and Condé Nast communications head Patricia Röckenwagner later also joined. [16]

The company has multiple divisions: film (STXfilms), which includes animation and family content; television (STXtelevision), which includes scripted and unscripted content; and digital media (STXdigital); along with an international partnership and distribution arm headquartered in London (STXinternational).

In 2016, the company received additional investment from Chinese Internet company Tencent and Hong Kong-based telecommunications company PCCW, and East West Bank's chairman and CEO Dominic Ng. [17] In 2017, the world's largest international television and broadband company Liberty Global invested an undisclosed amount in the company. [18] Funds from that round of financing will be used to continue to build STX Entertainment's TV division, further expand internationally and potentially make acquisitions. [2] In March 2019, STX raised $700 million in new capital, in a round led by TPG Growth and Hony Capital, to help STX release more films, expand its TV business, and pursue acquisitions. [19]

STX Entertainment's Board of Directors is composed of investors and industry veterans including: Simonds, David Bonderman (founding partner of TPG Capital), John Zhao (CEO of Hony Capital), Gigi Pritzker (founder of MWM Studios), Janice Lee (managing director of PCCW Media Group), Tracy Cui (managing director of Hony Capital), Frank Biondi (former president and CEO of Viacom and former chairman and CEO of Universal Studios; senior managing director of WaterView Advisors), Dominic Ng (chairman and CEO of East West Bank), Carmen Chang (chairman of New Enterprise Associates), and Bruce Mann (chief programming officer of Liberty Global).

STXfilms

When STX was launched the film division of the company focused its efforts on creating a new model. Rather than pursuing the traditional distribution process the company secured direct distribution agreements with North American theater chains AMC, Regal, Cinemark, Goodrich, Marcus Theatres, and Carmike Cinemas. [20] In early 2015, the company signed a multi-year television output agreement to release films exclusively to Showtime Networks and its multiplex channels Showtime, TMC and Flix, covering STX theatrical releases through 2019. [21] In April 2015, the company entered a multi-year partnership with Universal Studios Home Entertainment for Universal to handle marketing, sales and distribution services for Blu-ray, DVD and VOD platforms for STX theatrical titles in North America. [22] That same month, STXfilms closed a three-year slate deal with Huayi Brothers, one of China's largest film studios, enabling the companies to co-produce and co-distribute 12 to 15 films annually. [23] In 2015, STXfilms acquired its first film at the Toronto International Film Festival, purchasing the worldwide rights to Hardcore Henry for $10 million USD. [24] In January 2017, STXfilms signed a three-year marketing and distribution agreement with Luc Besson's EuropaCorp Films USA to release their upcoming slate of films. [25]

STXfilms projects have included Bad Moms ; [26] Molly's Game ; [27] I Feel Pretty ; [28] and Gringo with Amazon Studios; [29] The Gift , written, co-produced and directed by Joel Edgerton; [30] The Edge of Seventeen ; [31] The Foreigner starring Jackie Chan; [32] and Secret in Their Eyes starring Nicole Kidman and Julia Roberts; [33] The Boy ; [34] and Free State of Jones starring Matthew McConaughey. [35] STXfilms announced The Happytime Murders starring Melissa McCarthy and the film was released on August 24, 2018; [36] an untitled romantic comedy developed by and starring Anne Hathaway; [37] and Second Act , a romantic comedy starring Jennifer Lopez and directed by Peter Segal and was released on December 21, 2018. [38]

STXtelevision

In 2014, the television division’s first project was the 13-episode series State of Affairs , starring Katherine Heigl and Alfre Woodard, which was sold to NBC. [39] [40] In 2015, STXtelevision produced the NBC pilot Problem Child, based on the 1990 film of the same name. [41] In April 2016, the STXtelevision Chinese variety show Number One Surprise premiered on Hunan TV, and became the #1 show in China with over 1 billion total views. [42] [43] In May 2017, STXtelevision announced it had acquired the first TV project from Kevin Kwan, author of Crazy Rich Asians . [44] In November 2017, STXtelevision announced Valley of the Boom , a docudrama about the 1990s tech boom from showrunner and director Matthew Carnahan and executive producer Arianna Huffington, set to air on NatGeo. [45] STXtelevision produced season 23 of True Life , which aired on MTV in 2017. In February 2018, Fox and STXtelevision announced it is developing an unscripted series based on STXfilms' Bad Moms . [46] In October 2018, STXtv received a pilot order from YouTube for The Edge of Seventeen, based on the film of the same name released by STXfilms in 2016. [47]

STXdigital

In August 2016, STXdigital acquired virtual reality (VR) studio Surreal, renaming it STXsurreal. Founded in 2015, in its first year Surreal produced over 70 immersive VR experiences. [48] In June 2017, STXsurreal announced a partnership with media services agency Horizon Media to develop and produce VR and immersive content for the brand's new UNCVR unit. [49] In 2018, STXsurreal announced a slate of original projects including The Limit, a live-action, short-form series from Robert Rodriguez and starring Michelle Rodriguez; [50] New Tricks, directed and produced by Ed Helms; [51] and The Kiev Exchange, a spinoff of STXfilms' Mile 22 . [51] In December 2017, it was announced that STXdigital acquired the exclusive Chinese distribution rights to Dick Clark's New Year's Rockin' Eve from Dick Clark Productions (dcp), along with the Chinese distribution rights to the 2018 Golden Globes broadcast from dcp and the Hollywood Foreign Press Association. [52] STXdigital and Tencent partnered to broadcast both shows on Tencent Video. [53] In January 2018, the companies announced they would also co-produce a live Chinese-language Golden Globes red carpet pre-show, to air live with the telecast. [54]

STXinternational

In April 2016, a dedicated international division (STXinternational) opened. Headquartered in London, the division is led by former Film4 head David Kosse. [55] The division launched with a slate of six films that included Andy Serkis's directorial debut Breathe (which opened the 2017 London Film Festival), [56] Home Again starring Reese Witherspoon, and Wind River starring Jeremy Renner and Elizabeth Olsen. [57] Additional titles on the STXinternational slate include Ridley Scott's All the Money in the World , Morten Tyldum's The Marsh King's Daughter, and Bart Layton's American Animals ; and titles from the main STXfilms slate. [58] In March 2019, John Friedberg was named president of STXinternational. [59]

Accolades

In 2014, Simonds was featured as one of Hollywood's top dealmakers in Variety magazine's Dealmakers Impact Report for his work at STX. [60] The Hollywood Reporter has named Simonds one of the 100 Most Powerful People in Entertainment in each of their annual rankings through 2018, since first publishing them in 2016. [61] [62] [63] In 2017, Variety featured Simonds on their first annual Variety500: Entertainment Leaders and Icons list. He made the list again in 2018. [64]

Personal life

While attending Yale Simonds dated actress Jennifer Beals. [65] Simonds married Anne Biondi in 1999, and the couple live in Los Angeles with their son and four daughters. [8] About 2010 Simonds bought a house at Mulholland Estates for $4.7 million. [66]

Filmography

As producer

#TitleYearStar(s)Domestic Box Office
1 Problem Child 1990 John Ritter $53,470,891
2 Problem Child 2 1991 John Ritter $25,104,700
3 Shout 1991 John Travolta $3,547,684
4 Airheads 1994 Brendan Fraser, Steve Buscemi, Adam Sandler $5,751,882
5 Billy Madison 1995 Adam Sandler $25,588,734
6 Happy Gilmore 1996 Adam Sandler $38,824,099
7 Bulletproof 1996 Damon Wayans, Adam Sandler $21,576,954
8 That Darn Cat 1997 Christina Ricci $18,301,610
9 Leave It to Beaver 1997 Christopher McDonald $10,925,060
10 Half Baked 1998 Dave Chappelle $17,460,020
11 The Wedding Singer 1998 Adam Sandler, Drew Barrymore $80,245,725
12 Dirty Work 1998 Norm Macdonald, Artie Lange $10,023,282
13 The Waterboy 1998 Adam Sandler $161,491,646
14 Big Daddy 1999 Adam Sandler $163,479,795
15 Screwed 2000 Norm Macdonald, Dave Chappelle $7,027,345
16 Little Nicky 2000 Adam Sandler $39,464,775
17 Head over Heels 2001 Freddie Prinze Jr. $10,424,470
18 See Spot Run 2001 David Arquette $33,357,476
19 Joe Dirt 2001 David Spade $27,087,695
20 Corky Romano 2001 Chris Kattan $23,980,304
21 Just Married 2003 Ashton Kutcher, Brittany Murphy $56,127,162
22 Cheaper by the Dozen 2003 Steve Martin $138,614,544
23 Taxi 2004 Queen Latifah, Jimmy Fallon $36,611,066
24 Herbie: Fully Loaded 2005 Lindsay Lohan $66,023,816
25 Rebound 2005 Martin Lawrence $16,809,014
26 Yours, Mine and Ours 2005 Dennis Quaid $53,412,862
27 The Pink Panther 2006 Steve Martin, Beyoncé $82,226,474
28 The Shaggy Dog 2006 Tim Allen $61,123,569
29 License to Wed 2007 Robin Williams, John Krasinski $43,799,818
30 The Pink Panther 2 2009 Steve Martin $35,922,978
31 The Spy Next Door 2010 Jackie Chan $24,307,086
32 Furry Vengeance 2010 Brendan Fraser $17,630,465
33 This Means War 2012 Reese Witherspoon, Tom Hardy, Chris Pine $54,760,791
35 21 Bridges 2019 Chadwick Boseman $28,539,757
34 My Spy 2020 Dave Bautista

As executive producer

#TitleYearStar(s)Worldwide Box Office
1 The Gift 2015 Jason Bateman $59 million [67]
2 Secret in Their Eyes 2015 Chiwetel Ejiofor, Nicole Kidman, Julia Roberts $34.9 million [68]
3 The Boy 2016 Lauren Cohan $64.2 million [69]
4 Hardcore Henry 2016 Sharlto Copley $16.8 million [70]
5 Free State of Jones 2016 Matthew McConaughey $25 million [71]
6 Bad Moms 2016 Mila Kunis $183.9 million [72]
7 The Edge of Seventeen 2016 Hailee Steinfeld $18.8 million [73]
8 The Bye Bye Man 2017 Douglas Smith $26.7 million [74]
9 The Space Between Us 2017 Gary Oldman, Asa Butterfield $14.8 million [75]
10 The Foreigner 2017 Jackie Chan, Pierce Brosnan $145.4 million [76]
11 A Bad Moms Christmas 2017 Mila Kunis $130.6 million [77]
12 Molly's Game 2017 Jessica Chastain $59.3 million [78]
13 Den of Thieves 2018 Gerard Butler $80.5 million [79]
14 I Feel Pretty 2018 Amy Schumer $94.5 million [80]
15 Adrift 2018 Shailene Woodley, Sam Claflin $59.9 million [81]
16 Mile 22 2018 Mark Wahlberg $66.3 million [82]
17 The Happytime Murders 2018 Melissa McCarthy $27.5 million [83]
18 Peppermint 2018 Jennifer Garner $53.8 million [84]
19 Second Act 2018 Jennifer Lopez $72.2 million [85]
20The Upside2019 Bryan Cranston, Kevin Hart $122.1 million [86]
21 UglyDolls 2019 Kelly Clarkson $22.7 million [87]
22 Poms 2019 Diane Keaton $14.8 million [88]
23 Hustlers 2019 Constance Wu, Jennifer Lopez $157.5 million [89]
25 Countdown 2019 Anne Winters $48 million [90]
24 Playmobil: The Movie 2019 Anya Taylor-Joy, Gabriel Bateman $16.3 million [91]
26 The Gentlemen 2020 Matthew McConaughey $115.1 million [92]
27 The Secret Garden 2020 Colin Firth, Julie Walters
28 Greenland 2020 Gerard Butler $52.3 million [93]
29 I Care a Lot 2020 Rosamund Pike $1.3 million [94]
30 Songbird 2020 KJ Apa
31 The Mauritanian 2021 Jodie Foster, Tahar Rahim $7.5 million [95]
32 Queenpins 2021 Kristen Bell
33 Copshop 2021 Gerard Butler $6.8 million [96]
34 My Son 2021 James McAvoy
35 National Champions 2021 Stephan James
36 The Contractor 2022 Chris Pine

Television

As executive producer

NameFormatNetworkYear(s)
Problem Child AnimatedUSA1993-94
State of Affairs DramaNBC2014-15

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References

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  2. 1 2 3 Wayne Ma and Julie Steinberg, "'Bad Moms' Movie Studio Plans Hong Kong IPO," Wall Street Journal , September 27, 2017.
  3. ↑ Anita Busch, "STX To Launch IPO On Hong Kong Stock Exchange In 2018," Deadline.com, September 27, 2017.
  4. ↑ David Ng, "STX Entertainment files for planned IPO in Hong Kong," Los Angeles Times, April 26, 2018.
  5. ↑ Sakoui, Anousha (October 26, 2018). "STX Entertainment Eyes 'Transformative' Deal After Shelving IPO". Bloomberg.
  6. 1 2 Robert Simonds Movie Box Office Results
  7. ↑ "Robert Simonds Net Worth". INVESTOR TIMES. October 24, 2023. Retrieved January 25, 2024.
  8. 1 2 "Robert Simonds Jr., Anne Biondi", New York Times , September 19, 1999.
  9. ↑ Tim Carvell, "His Films Are Low on Taste, High on Profits," Fortune , November 23, 1998.
  10. ↑ Anita Busch, "Is This Hollywood’s Next Major Studio? Bob Simonds & TPG Growth’s Venture Fully Financed, JP Morgan Says; Hiring, Deals To Start In Earnest," Deadline Hollywood , March 13, 2014.
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  18. ↑ Wayne Ma, "Fledgling Studio STX Secures Investment from Malone's Liberty Global," Wall Street Journal, November 30, 2017.
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  31. ↑ Pete Hammond, "With ‘The Edge Of Seventeen’, Toronto Saves One Of The Best For Last," Deadline.com, September 16, 2016.
  32. ↑ Nancy Tartaglione, "'The Foreigner's Wayne Marc Godfrey On Decade-Long Journey; STX/Sparkle Roll China Co-Pro Soon Passing $100M Offshore," Deadline.com, October 27, 2017.
  33. ↑ Nancy Tartaglione, "....Acquired by STX" Deadline.com, December 2, 2014.
  34. ↑ Nancy Tartaglione, "STX/Lakeshore Horror Pic ‘The Boy’ Scares Up China Release Date Via Huayi," Deadline.com, March 16, 2016.
  35. ↑ Nancy Tartaglione, "IM Global Strategy Pays Off With Strong Sales On ‘Free State Of Jones’ & More – AFM," Deadline.com, November 17, 2014.
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  37. ↑ Max Evry, "Anne Hathaway to star in untitled romantic comedy for STX," ComingSoon.net, May 23, 2017.
  38. ↑ Mia Galuppo, "Jennifer Lopez to Star in Romantic Comedy 'Second Act' for STX," The Hollywood Reporter, June 22, 2017.
  39. ↑ James Hibberd, "Katherine Heigl drama plus 2 more get NBC series orders," Entertainment Weekly , May 6, 2014.
  40. ↑ Saba Hamedy, "TV ratings: NBC wins key demo; 'State of Affairs' has decent premiere," Los Angeles Times , November 18, 2014.
  41. ↑ Nellie Andreeva, "‘Problem Child’ Comedy Based On Movie Gets NBC Pilot Order," Deadline.com, January 29, 2015.
  42. ↑ Patrick Brzeski, "STX Entertainment Scores Ratings Hit With First TV Show Made for China," The Hollywood Reporter , January 5, 2017.
  43. ↑ Matt Donnelly, "STX Entertainment Struggles With Flops, Executive Exits and a Shift in Strategy," TheWrap , March 27, 2017.
  44. ↑ Rebecca Sun, "'Crazy Rich Asians' Author Developing Scripted Series With STX," The Hollywood Reporter, May 4, 2017.
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  49. ↑ Carolyn Giardina, "Horizon Media Launches Virtual Reality Unit UNCVR; Partners With STXsurreal," The Hollywood Reporter, June 8, 2017.
  50. ↑ Jon Fingas, "Robert Rodriguez preps VR action series 'The Limit'," Engadget, February 14, 2018.
  51. 1 2 Anita Busch, "STXSurreal Unveils Development Slate With Ed Helms, Dave Bautista, Peter Berg, And Kevin Smith’s ‘Jay And Silent Bob’," Deadline.com, April 4, 2018.
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  53. ↑ Patrick Brzeski, "Jason Statham Developing Action Film With STX, China's Tencent Pictures," The Hollywood Reporter, January 16, 2018.
  54. ↑ Patrick Brzeski, "STX Partners With Tencent on Golden Globes Broadcast in China," The Hollywood Reporter, January 5, 2018.
  55. ↑ Matt Mueller, "STX interview: president Sophie Watts on David Kosse's arrival and European distribution plans," Screen Daily, April 1, 2016.
  56. ↑ Gwilym Mumford, "Andy Serkis directorial debut Breathe to open 61st London film festival," The Guardian , June 29, 2017.
  57. ↑ Dave McNary, "STX Announces Five-Film U.K. Slate, Opens International Headquarters in London," Variety, February 8, 2017.
  58. ↑ Nancy Tartaglione, "STX Snatches International Rights To Ridley Scott’s Getty Kidnap Thriller ‘All The Money In The World’," Deadline.com, May 20, 2017.
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  67. ↑ "The Gift (2015)". Box Office Mojo. Retrieved June 14, 2019.
  68. ↑ "Secret in Their Eyes". Box Office Mojo. Retrieved June 14, 2019.
  69. ↑ "The Boy (2016)". Box Office Mojo. Retrieved June 14, 2019.
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  71. ↑ "Free State of Jones". Box Office Mojo. Retrieved June 14, 2019.
  72. ↑ "Bad Moms". Box Office Mojo. Retrieved June 14, 2019.
  73. ↑ "The Edge of Seventeen". Box Office Mojo. Retrieved June 14, 2019.
  74. ↑ "The Bye Bye Man". Box Office Mojo. Retrieved June 14, 2019.
  75. ↑ "The Space Between Us". Box Office Mojo. Retrieved June 14, 2019.
  76. ↑ "The Foreigner". Box Office Mojo. Retrieved June 14, 2019.
  77. ↑ "A Bad Mom's Christmas". Box Office Mojo. Retrieved June 14, 2019.
  78. ↑ "Molly's Game". Box Office Mojo. Retrieved June 14, 2019.
  79. ↑ "Den of Thieves". Box Office Mojo. Retrieved June 14, 2019.
  80. ↑ "I Feel Pretty". Box Office Mojo. Retrieved June 14, 2019.
  81. ↑ "Adrift (2018)". Box Office Mojo. Retrieved June 14, 2019.
  82. ↑ "Mile 22". Box Office Mojo. Retrieved June 14, 2019.
  83. ↑ [ps://www.boxofficemojo.com/movies/?id=thehappytimemurders.htm "The Happytime Murders"]. Box Office Mojo. Retrieved June 14, 2019.
  84. ↑ "Peppermint (2018)". Box Office Mojo. Retrieved June 14, 2019.
  85. ↑ "Second Act". Box Office Mojo. Retrieved June 14, 2019.
  86. ↑ "The Upside". Box Office Mojo. Retrieved June 14, 2019.
  87. ↑ "UglyDolls". Box Office Mojo. Retrieved June 14, 2019.
  88. ↑ "Poms". Box Office Mojo. Retrieved June 14, 2019.
  89. ↑ "Hustlers". Box Office Mojo. Retrieved June 6, 2022.
  90. ↑ "Countdown". Box Office Mojo. Retrieved June 6, 2022.
  91. ↑ "Playmobil: The Movie". Box Office Mojo. Retrieved June 6, 2022.
  92. ↑ "The Gentlemen". Box Office Mojo. Retrieved June 6, 2022.
  93. ↑ "Greenland". Box Office Mojo. Retrieved June 6, 2022.
  94. ↑ "I Care a Lot". Box Office Mojo. Retrieved June 6, 2022.
  95. ↑ "The Mauritanian". Box Office Mojo. Retrieved June 6, 2022.
  96. ↑ "Copshop". Box Office Mojo. Retrieved June 6, 2022.
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