Private | |
Industry | Motion Pictures, Television |
Founded | 2003 |
Headquarters | Dallas, Texas |
Key people
|
Todd Wagner, CEO Mark Cuban, Co-Founder Kevin Parke, EVP |
Owner |
Todd Wagner Mark Cuban |
Divisions |
Landmark Theatres Magnolia Pictures Truly Indie HDNet Movies AXS TV (co-owner) Rysher Entertainment |
Website | 2929entertainment.com |
2929 Entertainment is an American media group with holdings in film production and distribution, theatrical exhibition, home entertainment as well as network 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.
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 Theatres chain, on the company's HDNet Movies cable channel, and on DVD through its Magnolia Pictures 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.
The company produces films and television programs through two production companies: 2929 Productions and HDNet Films. 2929 Productions, formerly run by Marc Butan, makes movies with budgets of $10-40 million. HDNet Films produces lower budget movies that are shot in high definition. Notable films include: