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2929 Entertainment Net worth & Company Info

2929 Entertainment Net worth & Company Info - Revenues & Profits

2929 Entertainment is a company established with the aim of developing, producing, and financing movies that are not part of Hollywood cinematography. The company was launched in 2003 by Entrepreneuranawan Mark Cuban and Todd Wagner. At present, the company has headquarters in New York, Los Angeles, and Dallas.

The company works on producing films and original series. According to the founders, the purpose of their company is to bring some of the countless stories that do not make Hollywood cut to the audience. We will discuss some of these projects later.

In addition, their goals also to make all films and series available for audiences on several platforms simultaneously. Through their collaboration with Netflix, several films were released on the DVD next to the premiere of their theater.

In 2006, varieties praised the 2929 Entertainment Company for his work to release the drama film “Bubble” simultaneously in the cinema and on the cable network. The film was directed by Steven Soderbergh and their main role played by Debbie Doeberiner, Dustin James Ashley, and Misty Dawn Wilkins. At that time, the release of a film this way was very controversial because various project formats were launched after a certain schedule.

Most popular projects

In the first few years, the company produced several films that were positively recognized by critics such as “Godsend”, “criminal”, and “jackets”. Many famous actors were involved in these projects such as Kiera Knightly, Robert De Niro, Adam Brody, Daniel Craig, and others.

In 2005, 2929 entertainment financed the historic drama film called “Good evening, and good luck” written and directed by George Clooney. Besides Clooney, another actor in this film is Robert Downey Jr., David Strathairn, Jeff Daniels, and so on. Wagner decided to enter Jeff Skoll and his company participated in this project. This film is highly recognized by critics and nominated for the six Academy Awards, including one for the best image.

In the same year, the company was involved in another success project – a documentary called “Enron: The Smartest Guys in the room”. This film, which is based on the 2003 book from the same title, went to get the Academy Awards nomination for the best documentary features.

In addition, in 2006, 2929 entertainment collaborated with Lionsgate films about producing and financing movies called “Akeelah and Bee”. The film starred in Laurence Fishburne, Angela Bassett, and Keke Palmer, produced $ 19 million in the country. This won many awards some of which were Black Reel awards, the Chicago film Critics Association Award, Naacp, and others.

Another very successful film produced by this company is “we have a night”. The main role of this crime drama was played by Joaquin Phoenix, Mark Wahlberg, Eva Mendes, and Robert Duvall. This is prime at the 2007 Cannes Film Festival where it obtained a nomination for Palme d’Or. It scarred nearly $ 55 million in Canada and the United States and another $ 22 million from the release of DVDs.

Other successful films produced by 2929 entertainment include “what just happened”, “Road”, “Deadfall”, “Serena”, “2:22”, and their latest release “Please stand” and “The China Hustle “.

Television

When it comes to television, the company also owners AXS TV, channels launched on September 6, 2001. Actually, one of the founding partners was Mark Cuban, who founded 2929 entertainment. AXS TV is mainly developed as a channel running entertainment programs, sports battles, and live music shows.

Furthermore, the company also runs Rysher Entertainment, a television syndicated distributor which was originally founded in 1945 and was acquired by 2929 entertainment in 2001. Between 1995 and 1998, 20 film features were produced by Rysher Entertainment, and today they have a number. Film and TV shows such as “gender and city” and “star search”.

Who are the founders?

Mark Cuban

Now, let’s discuss the two men who founded this company. First, we will tell you about Mark Cuban. In addition to having an important role in this company and becoming a Founder Partner AXS TV, Cuba also has the Dallas Mavericks Dallas Association Basketball National. In addition, he is also one of the investors on the reality TV series “Shark Tank”.

Cuba graduated from the Kelley School of Business in 1981. When asked why he chose this business school, he said “(that) has the cheapest tuition fees from all business schools in the top 10 list”. When it comes to the beginning, the first company he is heretics is a micro which then generates $ 30 million income and that he is then sold to Compuserve.

He often invests in a few startups including Redswoosh and Brondell Inc. In 2011, he wrote a book called “How to win in business sports” where he shared his experience in sports and business and also told the story of how he became a successful entrepreneur that he was today. If you want to learn more about his income, but also family and personal life, visit taddlr.com.

Todd Wagner

Todd R. Wagner graduated from Indiana University in 1983 and began his career with Hopkins & Sutter and Akin companies, Gump, Strauss, Hauer & Field.

In 1995, together with Mark Cuban, Wagner founded a platform for airing radio stations and direct sports events called Audionet. A few years later, they changed his name to Broadcast.com and finally sold it to Yahoo! For $ 5.7 billion, which made them both instant billionaires.

In addition, Wagner has shares in the Dallas Mavericks, and he is also the founder and partners of LLC Partners’ Content. He also participated in charity work. In 2014, he founded a platform to raise funds for various causes by connecting fans with their favorite celebrities through video. In 2016 he founded a company called Charity Network with the main purpose of helping charity to move from analog to digital. The company also organizes regular Queal fundraising events, and in 2017 it is included in the list of the best companies in 2017 the most innovative company.

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