PRODUCTION COMPANY 1,
AMBLIN ENTERTAINMENT
Private Company
Founded: 1984
Employees: 60
| Industry | Film Television |
|---|---|
| Founded | 1981 |
| Founders | Steven Spielberg Kathleen Kennedy Frank Marshall |
| Headquarters | Universal City, California,United States |
Key people
| Steven Spielberg Kathleen Kennedy Frank Marshall |
| Products | Motion pictures |
| Services | Film production |
| Owner | Amblin Partners |
Company History:
Nested in a back lot at Universal Studios, Amblin Entertainment is producer/director Steven Spielberg's movie production company. Soon to be folded into Spielberg's new DreamWorks SKG Studio, a joint venture with partners David Geffen and Jeffrey Katzenberg, Amblin also produces television shows. Amblin's staff is responsible for promotions, merchandising, licensing, and product placement, in addition to producing Steven Spielberg's movie projects. Unlike in-house promotion departments at major studios, Amblin acts in partnership with distributors including Paramount, Warner Bros., Universal, and Disney, who work with Spielberg on individual projects. Known for its blockbuster films, Amblin is also a leader in the field of marketing and promotions. The company's merchandising and licensing team, headed by Brad Globe and Mark Levy, are known for their industry firsts and partnerships with promotional tie-ins.
HOUSE IDEOLOGY/ AUDIENCE,
Amblin entertainment has done a few movie series such as ‘Jurrasic Park’, ‘Back to the Future’ and ‘Men in Black’. The genres they generally produce movies on range from Action to thriller. Their audience is mainly action loving youngsters as well as grown ups, all that are males mostly. However they have done efforts to grab other audiences as well such as children by releasing a few animated movies and some cartoon series such as Casper, The Land before time, Back to the future: Animated series and Tiny toons.
LEGENDARY PICTURES
COMPANY HISTORY
Amblin entertainment has done a few movie series such as ‘Jurrasic Park’, ‘Back to the Future’ and ‘Men in Black’. The genres they generally produce movies on range from Action to thriller. Their audience is mainly action loving youngsters as well as grown ups, all that are males mostly. However they have done efforts to grab other audiences as well such as children by releasing a few animated movies and some cartoon series such as Casper, The Land before time, Back to the future: Animated series and Tiny toons.
LEGENDARY PICTURES
| Industry | Motion picture |
|---|---|
| Founded | 2000 |
| Founder | Thomas Tull |
| Headquarters | Burbank, California, United States |
Key people
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| Subsidiaries |
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COMPANY HISTORY
Thomas Tull founded Legendary Entertainment after raising $500 million from private equity firms.[1] It was one of the first companies of its kind to pair major motion picture production with major Wall Street private equity and hedge fund investors, including ABRY Partners, AIG Direct Investments, Bank of America Capital Investors, Columbia Capital, Falcon Investment Advisors, and M/C Venture Partners.[2] Legendary Pictures, Inc. was incorporated in California in 2000[3] and in 2005 it signed an agreement with Warner Bros. to co-produce and co-finance up to 40 films over seven years.[2] In 2010, Tull, Fidelity Investments, and Fortress Investment Group bought all the shares of the original investors. The buyout also included a $25 million-investment by Orange Sky Golden Harvest Entertainment. Following the transaction, Tull became the largest shareholder, thus enabling him to more easily direct the company's operations.[4] Golden Harvest later sold its stake in the company for $30 million.[5] In 2011, Accel Partners bought $40 million-worth of shares and Accel partner Jim Breyerjoined the company's board of directors.[6] That same year the company was reported to have been valued at more than $1 billion.[2] In September 2011, Chief Creative Officer Jon Jashni was appointed to the new position of President.[7] In December 2012,Waddell & Reed bought around 20% of Legendary's shares for $443 million.[8]
In July 2013, Legendary reached an agreement with Universal Studios where it will market, co-finance, and distribute Legendary's films for five years starting in 2014, the year that Legendary's similar agreement with Warner Bros. expires.[9] In October 2014,SoftBank bought $250 million-worth of shares, which amounts to a 10% stake, in Legendary. The transaction increased the company's total value to around $3 billion.[10]
On January 11, 2016, Chinese conglomerate Wanda Group announced that it concluded an agreement with shareholders to acquired Legendary Entertainment for $3.5 billion, making it the largest acquisition of an America film production company by a Chinese firm.[11]
HOUSE IDEOLOGY
Division and ventures of the company,
Legendary Digital Networks , In 2009, the company announced the establishment of a digital division, to be headed by Kathy Vrabeck, that would primarily focus on game development, a move which surprised many industry analysts because of the film industry's previous disengagement with the video game industry
Legendary Comics, In 2010, the company announced the launch of a comic book division called Legendary Comics, LLC under the direction of editor-in-chief Bob Schreck.[17] The first graphic novel published by the company was Holy Terror byFrank Miller, which was released in 2011
Legendary Television and Digital Media, the company announced the creation of Legendary Television, LLC to focus on developing television productions. The division was headed by Jeremy Elice and a co-financing contract with Warner Bros. Televisionwas signed.[19] However, in 2012, Legendary decided to postpone its expansion into television and put the division on hold while restructuring; the contract with Warner Bros. was terminated and Elice left the company.[
Legendary East
In 2011, the company announced the formation of Legendary East Ltd., a joint venture film production company based in Hong Kong. The purpose of the company is to co-produce films with Chinese companies to bypass Chinese quotas on foreign film releases in the country.
Division and ventures of the company,
Legendary Digital Networks , In 2009, the company announced the establishment of a digital division, to be headed by Kathy Vrabeck, that would primarily focus on game development, a move which surprised many industry analysts because of the film industry's previous disengagement with the video game industry
Legendary Comics, In 2010, the company announced the launch of a comic book division called Legendary Comics, LLC under the direction of editor-in-chief Bob Schreck.[17] The first graphic novel published by the company was Holy Terror byFrank Miller, which was released in 2011
Legendary Television and Digital Media, the company announced the creation of Legendary Television, LLC to focus on developing television productions. The division was headed by Jeremy Elice and a co-financing contract with Warner Bros. Televisionwas signed.[19] However, in 2012, Legendary decided to postpone its expansion into television and put the division on hold while restructuring; the contract with Warner Bros. was terminated and Elice left the company.[
Legendary East
In 2011, the company announced the formation of Legendary East Ltd., a joint venture film production company based in Hong Kong. The purpose of the company is to co-produce films with Chinese companies to bypass Chinese quotas on foreign film releases in the country.
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