2929 Entertainment

Last updated
2929 Entertainment, LLC
Company type Private
Industry Movies, television, home entertainment, home video, movie theaters
Founded2002;22 years ago (2002)
Founder Todd Wagner
Mark Cuban
Headquarters
Key people
Todd Wagner (CEO)
Mark Cuban (Co-Founder)
Schuyler Hansen, Managing Director
Divisions 2929 Productions
Magnolia Pictures
Spotlight Cinema Networks
Truly Indie
AXS TV (co-owner)
Rysher Entertainment
HDNet Films
HDNet Movies
Landmark Theatres (sold to Cohen Media Group in 2018)
Website 2929entertainment.com

2929 Entertainment, LLC. is an American integrated media and entertainment company co-founded by billionaire entrepreneurs Todd Wagner and Mark Cuban. 2929 maintains companies and interests across several industries including entertainment development and packaging, film and television production and distribution, digital and broadcast syndication, theatrical exhibition, and home entertainment.

Contents

2929 Entertainment has offices in Los Angeles, New York, and Dallas. Wagner and Cuban co-own 2929 with Sky Hansen serving as Managing Director.

History

2929 Entertainment made several strategic acquisitions to assure that releases could be made available to any audience across a variety of platforms simultaneously. Wagner says that "ready availability of such infrastructure would be an operating advantage to both the circuit and the production company." [1] Some titles would even see DVD releases alongside theatrical openings as early as 2007, through an early partnership with Netflix. [2] [ needs update ]

An extensive catalogue of television and film rights were acquired with Rysher Entertainment in 2001, and 2929 would co-produce a newer version of Star Search which premiered in January 2003 on CBS (the original Star Search aired from 1983 to 1995).

Variety praised 2929 as a "pioneer" for its simultaneous theatrical and cable television release of Steven Soderbergh's Bubble in 2006. [2] Bubble was the first of several films with concurrent releases in theaters and through 2929's cable channel HDNet. At the time, this move was controversial as most films are released in different formats on a staggered schedule, giving each channel an exclusive window. Exhibitors were especially timorous, as many feared that they would eventually lose their exclusive release windows for more mainstream films.[ citation needed ]

Operations

Production companies

2929 Entertainment develops original feature and series through its production company 2929 Productions, and formerly through HDNet Films.

2929 Productions, LLC

The company's main logo. 2929 Productions.png
The company's main logo.

2929 Productions, LLC. was co-founded by Wagner and Cuban in 2002. The film and television studio selectively finances and develops feature films and series, often through partnerships with industry creators or entertainment companies. [3]

2929 Productions is headed by Haley Jones. [4] Previous studio leadership has included Ben Cosgrove (formerly of Paramount and Section Eight) [5] and Marc Butan (MadRiver Pictures and formerly Lionsgate).

Godsend , Criminal and The Jacket were among of the studio's first projects, with the latter two being co-produced and co-financed with Steven Soderbergh and George Clooney's Section Eight Productions. After his work on Godsend, Marc Butan was offered studio head at 2929 leading him to exit an EVP role at Lionsgate. [6]

In 2005, 2929 Productions released Good Night, And Good Luck. with Warner Independent. The film uses a mix of archival footage and contemporary production to tell the story of the famed wartime reporter Edward Murrow (David Strathairn) and his historic "See it Now" broadcast criticizing Senator Joseph McCarthy and the Red Scare. To mitigate risks that could arise with a black-and-white feature film, Wagner engaged Jeff Skoll and his company Participant Media to produce Good Night, And Good Luck, which grossed over $30 million (USA) and was nominated for six Academy Awards, including Best Picture.

2929 Productions
YearFilmDirectorRelease date
2002 Searching for Debra Winger Rosanna Arquette July 13, 2002
2004 Godsend Nick Hamm April 30, 2004
Criminal Gregory Jacobs September 10, 2004
2005 The Jacket John Maybury January 23, 2005 (Sundance)/March 4, 2005
Good Night, and Good Luck George Clooney September 1, 2005 (VIFF)/October 7, 2005 (United States)
2006 Akeelah and the Bee Doug Atchison March 16, 2006 (CIFF)/April 28, 2006 (United States)
Turistas John Stockwell December 1, 2006
Black Christmas Glen Morgan December 15, 2006 (United Kingdom)/December 19, 2006 (TCL Chinese Theatre)/December 25, 2006 (United States)
2007 The Ex Jesse Peretz May 11, 2007
We Own the Night James Gray May 25, 2007 (Cannes)/October 12, 2007 (United States)
2008 The Life Before Her Eyes Vadim Perelman September 8, 2007 (TIFF)/April 18, 2008
What Just Happened Barry Levinson January 19, 2008 (Sundance)/May 25, 2008 (Cannes)/October 17, 2008 (United States)
2009 Two Lovers James Gray May 19, 2008 (Cannes Film Festival)/February 13, 2009 (United States)
The Girlfriend Experience Steven Soderbergh January 20, 2009 (Sundance)/May 22, 2009 (United States)
The Burning Plain Guillermo Arriaga August 29, 2008 (Venice International Film Festival)/September 18, 2009 (United States)
The Road John Hillcoat September 3, 2009 (VIFF)/September 13, 2009 (TIFF)/November 25, 2009 (United States)
2012 Tim and Eric's Billion Dollar Movie Tim Heidecker and Eric Wareheim January 20, 2012 (Sundance Film Festival)/March 2, 2012 (United States)
Deadfall Stefan Ruzowitzky April 22, 2012 (Tribeca Film Festival)/December 7, 2012 (United States)
2015 Serena Susanne Bier October 13, 2014 (BFI London Film Festival)/November 12, 2014 (France)/March 27, 2015 (United States)
2017 2:22 Paul Currie June 30, 2017
Permanent Colette Burson September 30, 2017 (Edmonton)
2018 Please Stand By Ben Lewin October 27, 2017 (Austin)/January 26, 2018 (United States)
The China Hustle Jed RothsteinMarch 20, 2018

HDNet Films

HDNet Films, the motion picture division of the HDNet network (now AXS TV), produced lower budget movies in high definition.

HDNet Films
YearFilmDirectorRelease date
2005 Enron: The Smartest Guys in the Room Alex Gibney April 22, 2005
The War Within Joseph CasteloSeptember 30, 2005
2006 Bubble Steven Soderbergh September 3, 2005 (Venice Film Festival)/January 27, 2006 (United States)
S&Man J. T. Petty March 10, 2006 (SXSW Film Festival)
Herbie Hancock: PossibilitiesDoug Biro & Jon FineApril 4, 2006
One Last Thing... Alex SteyermarkSeptember 12, 2005 (TIFF)/May 5, 2006 (United States)
The Architect Matt TauberApril 26, 2006
2007 Diggers Katherine Dieckmann March 30, 2007 (USA)
Fay Grim Hal Hartley September 11, 2006 (TIFF)/May 18, 2007 (United States)
Broken English Zoe Cassavetes January 20, 2007 (Sundance)/June 22, 2007 (United States)
Mr. Untouchable Marc Levin October 26, 2007
Redacted Brian De Palma August 31, 2007 (Venice Film Festival)/November 16, 2007 (United States)
2008 Surfwise Doug Pray September 11, 2007 (TIFF)/May 9, 2008 (USA)
Quid Pro Quo Carlos BrooksJune 13, 2008
Gonzo: The Life and Work of Dr. Hunter S. Thompson Alex Gibney January 20, 2008 (Sundance)
2009 American Swing Jon Hart & Mathew KaufmanSeptember 5, 2008 (TIFF)/March 27, 2009 (USA)
2010 And Everything Is Going Fine Steven Soderbergh January 23, 2010 (Slamdance)
2011Rejoice and Shout (Documentary)Don McGlynnJune 3, 2011

Distribution

Originally formed in 2001 by Bill Banowsky and Eamonn Bowles, Magnolia Pictures is the home entertainment and theatrical distribution subsidiary of 2929. In November 2005 the company created Magnolia Home Entertainment to release its films over home video, with its first release being Alex Gibney's acclaimed doc, Enron: The Smartest Guys in the Room . [7] It is headed by entertainment industry vet and former head of home entertainment for Miramax, Randy Wells. Magnolia Pictures also provides its content through a curated streaming service, Magnolia Selects.

2929 also launched Truly Indie, an "innovative distribution program" for independent filmmakers.

Television

2929 holds a significant interest in AXS TV, which Cuban originally co-founded in 2001 as the all-high definition cable channel HDNet (through AXS TV LLC, formerly HDNet, LLC). HDNet Movies, a companion channel, shows movies in high definition. 2929 also owned Rysher Entertainment, a television syndication distributor with an extensive library of titles and syndication rights to TV shows like Hogan's Heroes , Sex and the City and Star Search . [6] Rysher was later acquired by an investment company through Lakeshore Entertainment.

Former operations

Theatrical exhibition

2929 acquired Landmark Theatres September 24, 2003. The chain was originally founded by Kim Jorgensen in 1974 and specialized in independent and foreign films. [8] On December 4, 2018 the announcement was made that Landmark Theatres was sold to the Cohen Media Group, "a buyer who is passionate about independent cinema and who truly understands this market." [9]

2929 maintains an interest in Spotlight Cinema Networks, a cinema advertising company.

Related Research Articles

Todd S. Wagner is an American entrepreneur, co-founder of Broadcast.com and founder and CEO of a company called Charity Network which organizes regular fund raisings. He also co-owns 2929 Entertainment with Mark Cuban, along with other entertainment companies.

AXS TV is an American cable television channel. Majority-owned by Anthem Sports & Entertainment, it is devoted primarily to music-related programming and combat sports – including boxing, mixed martial arts and professional wrestling.

Magnolia Pictures is an American film distributor and production company, and is a subsidiary of Mark Cuban and Todd Wagner's 2929 Entertainment.

Landmark Theatres is a movie theatre chain founded in 1974 in the United States. It was formerly dedicated to exhibiting and marketing independent and foreign films. Landmark consists of 34 theatres with 176 screens in 24 markets. It is known for both its historic and newer, more modern theatres. Helmed by its President Kevin Holloway, Landmark Theatres is part of Cohen Media Group.

<span class="mw-page-title-main">Rysher Entertainment</span> American film and television production company and distributor

Rysher Entertainment, Inc. was an American film and television production company and distributor. It was founded in 1991. In 1993, Rysher was acquired by Cox Enterprises, and was closed in 1999.

A simultaneous release, also known as a day-and-date release, is the release of a film on multiple platforms—most commonly theatrical and home video—on the exact same day, or in very close proximity to each other. This is in contrast to the industry standard of having a window of exclusivity between the theatrical and home video releases.

<span class="mw-page-title-main">Paramount Global Content Distribution</span> Global TV distribution arm of Paramount Global

Paramount Global Content Distribution is the international television distribution arm of American media conglomerate, Paramount Global, originally established in 1962 as the international distribution division of Desilu Productions. With the sale of Desilu to Gulf+Western, then-owners of film studio Paramount Pictures, in 1968, the division evolved into Paramount's first foray into the international television industry in the 1970s.

<span class="mw-page-title-main">Fireworks Entertainment</span> Canadian-British television and film production company

Fireworks Entertainment was an independent studio originally founded in 1991 by Brian K. Ross and later bought out by Jay Firestone in 1996 to produce, distribute and finance television shows and feature films.

Truly Indie is an "innovative distribution program" providing independent filmmakers the sales and marketing tools necessary to distribute their films by-passing traditional distribution companies. By providing a way for self-funded distribution, Truly Indie aims to enable filmmakers to "retain control" over all rights and decisions relating to their films. The program was launched by Mark Cuban and Todd Wagner's media company 2929 Entertainment in 2005 in Austin, Texas.

CBS Media Ventures, Inc. is the television broadcast syndication arm of the CBS Entertainment Group division of Paramount Global. founded on September 26, 2006 by CBS Corporation from a merger of CBS Paramount Domestic Television and King World Productions.

<span class="mw-page-title-main">Paramount Domestic Television</span> Television distribution arm of Paramount Pictures

Paramount Domestic Television (PDT) was the television distribution arm of American television production company Paramount Television, once the TV arm of Paramount Pictures. It was formed in 1982 originally as Paramount Domestic Television and Video Programming, the successor to Paramount Television Domestic Distribution, Paramount Television Sales, and Desilu Sales.

<span class="mw-page-title-main">First Look Studios</span> American film distributor

First Look Studios was an American independent film distributor, that specialized in home video releases of films and television series.

Keith Samples is an American filmmaker and former syndication executive.

Sony Pictures Worldwide Acquisitions (SPWA) is a specialty film division of Sony Pictures. The company specializes in acquiring and producing films for a wide variety of distribution platforms.

Jason Kliot is an American independent film producer based in New York. Kliot emerged with the American indie wave of the 1990s, producing alongside his wife and business partner Joana Vicente. In 1995 Kliot and Vicente associate produced Todd Solondz's feature debut, Welcome to the Dollhouse, which won the Sundance Grand Jury Prize. Kliot and Vicente have since worked with directors such as Steven Soderbergh, Brian De Palma, Hal Hartley, Nicole Holofcener, Jim Jarmusch, and Alex Gibney.

Seven Arts Entertainment Inc. is a British independent film production company founded in 1992. Notable films that were made by Seven Arts are Stander, Asylum, Noise and more recently, Night of the Demons.

<span class="mw-page-title-main">Jerry Bruckheimer Films</span> American film production company

Jerry Bruckheimer Films Inc. (JBF) is an American independent film production company of Jerry Bruckheimer, formed in 1995, after cutting his ties with film producer Don Simpson before his death in 1996. It produced blockbuster films such as the Pirates of the Caribbean film series.

Jim Burke Jr. is an American film producer.

<span class="mw-page-title-main">Paramount Television</span> TV production division of Paramount Pictures

The first and original incarnation of Paramount Television was the name of the television production division of the American film studio Paramount Pictures, that was responsible for the production of Viacom television programs, until it changed its name to CBS Paramount Television on January 17, 2006, due to the Viacom split.

References

  1. DiOrio, Carl (2003-09-24). "Wagner, Cuban buy Landmark circuit". Variety. Retrieved 2019-01-17.
  2. 1 2 Mohr, Ian (2007-04-06). "Independent windows shrinking". Variety. Retrieved 2019-01-17.
  3. "About Us - 2929 Entertainment - 2929 Productions" . Retrieved January 8, 2018.
  4. "Haley Jones | LinkedIn". LinkedIn. Retrieved 24 June 2020.
  5. Gardner, Chris; McClintock, Pamela (2006-02-10). "Par plucks Cosgrove". Variety. Retrieved 2019-01-09.
  6. 1 2 Fleming, Michael (2004-02-17). "Butan new bigwig at 2929 Prods". Variety. Retrieved 2017-12-10.
  7. Brooks, Brian (2005-11-05). "Magnolia Pictures Launches Home Entertainment Division". IndieWire. Retrieved 2017-12-11.
  8. "Mark Cuban's Landmark Theatres Hit With Antitrust Lawsuit". The Hollywood Reporter. Retrieved 2017-12-11.
  9. D'Alessandro, Anthony (2018-12-04). "Cohen Media Group Acquires Landmark Theatres From Wagner/Cuban Companies". Deadline. Retrieved 2019-01-09.