- 2929 Entertainment
Infobox_Company
company_name = 2929 Entertainment
company_
company_type = Private
foundation =Dallas, Texas (2000 )
owner =Mark Cuban Todd Wagner
location = Dallas, Texas
key_people =Todd Wagner , Co-Founder/CEOMark Cuban , Co-FounderKevin Parke , Executive Vice President
num_employees =
industry =Motion picture s,Television
products =2929 Productions ,HDNet ,Magnolia Pictures ,Landmark Theaters ,Truly Indie
homepage = [http://2929entertainment.com 2929entertainment.com]2929 Entertainment is a vertically integrated media company with holdings in film and television production, film distribution, theatrical exhibition, home entertainment, television, and syndication. Billionaires
Todd Wagner andMark Cuban founded and currently own the privately held company. Wagner serves as its CEO, andKevin Parke as its Executive Vice President.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 ofStar Search which premiered inJanuary 2003 onCBS . The originalStar Search was on air between 1983 and 1988.In
January 2006 , the company experimented by releasingSteven Soderbergh 's "Bubble" simultaneously in itsLandmark Theaters chain, on the company'sHDNet Movies cable channel, and onDVD through itsMagnolia 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 andHDNet Films . 2929 Productions, headed byMarc 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 Life Before Her Eyes (2007 - 2929 Productions)
*Turistas (2006 - 2929 Productions)
*We Own the Night (2929 Productions)
*Black Christmas (2006 - 2929 Productions)
*Akeelah and the Bee (2006 - 2929 Productions)
*The Jacket (2005 - 2929 Productions)
* (2005 - HDNet Films)
*Good Night, and Good Luck (2005 - 2929 Productions)
*Bubble (2006 - HDNet Films)Cuban and Wagner also own a minority stake in
Lions Gate Films .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 in1974 , primarily shows independent andforeign film s.Home Entertainment
In November 2005 the company created
Magnolia Home Entertainment to release its films overhome video . It is run by Randy Wells, the former head of home entertainment forMiramax .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.ee also
*
Lions Gate Entertainment
*HDNet
*Landmark Theatres External links
* [http://www.2929entertainment.com/ 2929 Entertainment]
* [http://www.magpictures.com/ Magnolia Pictures]
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