2929 Entertainment
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2929 Entertainment LP
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2425 Olympic Blvd., Ste. 6040W Santa Monica, CA 90404 CA Tel. 310-309-5701 Fax 310-309-5716 |
Type: Private
On the web:
http://www.2929entertainment.com
It doesn't hurt to name an entertainment firm after a few lucky numbers. 2929 Entertainment is owned by business partners Mark Cuban (owner of the Dallas Mavericks) and Todd Wagner, who struck gold when they sold their Broadcast.com business to Yahoo! for more than $5 billion at the height of the dot-com boom. (2929 Entertainment is named after Broadcast.com's address at 2929 Elm St.) The company has ownership stakes in movie distribution firms (Magnolia Pictures), high-definition television networks (HDNet and HDNet Movies), and movie exhibition (Landmark Theatres). 2929 Entertainment also partners with movie studios such as Warner Bros. to release various film and TV projects.
Officers:
Co-Owner, The Wagner/Cuban Companies, CEO, 2929 Entertainment, and CEO, 2929 Productions: Todd R. Wagner
Co-Owner, The Wagner/Cuban Companies & Co-Founder, HDNet: Mark Cuban
COO and CFO, The Wagner/Cuban Companies: Sky Hansen
Competitors:
Regal Entertainment
Sony Pictures Classics
Turner Broadcasting
Wikipedia on Answers.com:
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2929 Entertainment
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| Type | Private |
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| Industry | Motion pictures, Television |
| Founded | Dallas, Texas (2000) |
| Headquarters | Dallas, Texas |
| Key people | Todd Wagner, Co-Founder/CEO Mark Cuban, Co-Founder Kevin Parke, Executive Vice President |
| Products | 2929 Productions, HDNet, Magnolia Pictures, Landmark Theaters, Truly Indie, Rysher Entertainment |
| Owner(s) | Mark Cuban Todd Wagner |
| Website | 2929entertainment.com |
2929 Entertainment is a media company with holdings in film and television production, film distribution, theatrical exhibition, home entertainment, television, and syndication. Billionaires Todd Wagner and Mark Cuban founded and currently own the privately held company. Wagner serves as its CEO, and Kevin Parke as its Executive Vice President.
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Contents
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History
In February 2004, 2929 owned the syndication rights to several television shows including Sex and the City, Star Search, and Hogan's Heroes. 2929 co-produced a newer version of Star Search which premiered in January 2003 on CBS. The original Star Search was on air between 1983 and 1988.
In January 2006, the company experimented by releasing Steven Soderbergh's Bubble simultaneously in its Landmark Theaters chain, on the company's HDNet Movies cable channel, and on DVD through its Magnolia Home Entertainment division. The move was controversial since most films are released through different distribution channels on a staggered schedule, giving each channel an exclusive release window. Exhibitors were especially timorous, as many feared that they would eventually lose their exclusive release windows for more mainstream films.
Holdings
Film and Television Production
The company produces films and television programs through two production companies: 2929 Productions and HDNet Films. 2929 Productions, headed by Marc Butan, makes movies with budgets of $10 to $40 million. HDNet Films produces lower budget movies that are shot in high definition. Notable films include:
- Star Search (2002 - 2929 Productions)
- The Jacket (2005 - 2929 Productions)
- Enron: The Smartest Guys in the Room (2005 - HDNet Films)
- Good Night, and Good Luck (2005 - 2929 Productions)
- Black Christmas (2006 - 2929 Productions)
- Akeelah and the Bee (2006 - 2929 Productions)
- Bubble (2006 - HDNet Films)
- Turistas (2006 - 2929 Productions)
- The Life Before Her Eyes (2007 - 2929 Productions)
- We Own the Night (2007 - 2929 Productions)
- The Road (2009)
- A Forest of Mirrors (2012 - 2929 Productions)
- Tim and Eric's Billion Dollar Movie (2012 - 2929 Productions)
Cuban and Wagner also own a minority stake in Lions Gate Entertainment.
Film Distribution
2929 owns Magnolia Pictures, a film distribution company that places 2929's and other company's films in theaters. Besides 2929's pictures, Magnolia has also released:
- The Lost City (2006)
- The World's Fastest Indian (2005)
- Control Room (2004)
- Capturing the Friedmans (2003)
Theatrical Exhibition
On September 24, 2003, 2929 bought Landmark Theatre Corporation, which owns 58 theatres in 23 markets. The chain, which was founded by Kim Jorgensen in 1974, primarily shows independent and foreign films.
Home Entertainment
In November 2005 the company created Magnolia Home Entertainment to release its films over home video. It is run by Randy Wells, the former head of home entertainment for Miramax.
Television
2929 holds a significant interest in HDNet, which Cuban co-founded in 2001 as an all-high definition cable channel. HDNet Movies, a companion channel, shows movies in high definition. 2929 also owns operates Rysher Entertainment, a television syndication distributor.
See also
External links
This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)
