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Magnet Releasing

Magnolia Pictures
Industry Motion Pictures
Founded 2001
Headquarters Dallas, United States
New York City, United States
Owner Todd Wagner
Mark Cuban
Parent 2929 Entertainment
Subsidiaries Magnolia Home Entertainment
Magnet Releasing
Website magpictures.com

Magnolia Pictures is an American film distributor, and is a subsidiary of 2929 Entertainment, owned by Todd Wagner and Mark Cuban.

Magnolia was formed in 2001 by Bill Banowsky and Eamonn Bowles, and specializes in both foreign and independent films. Magnolia distributes some of its films, especially foreign and genre titles, under the Magnet Releasing arm. In April 2011, Cuban placed Magnolia up for sale, but stated that he would not sell the company unless the offer was "very, very compelling."


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