Mark Cuban and Todd Wagner’s Magnolia Pictures has hired investment bank Stephens to explore selling the company. Content is currently in high demand and Magnolia, a leading independent film …
Mark Cuban, Falon Fatemi Launch New Interactive Storytelling Platform, Fireside
Indie players are part of a larger reconfiguration of the entertainment landscape. Discovery is in the process of merging with WarnerMedia; Lionsgate’s CEO has said the company is open to deals; AMC Networks, whose CEO and COO recently announced their departures, is generally believed to be heading towards something; and deal rumors continue to dog ViacomCBS and Comcast.
. However, its been a challenging time for specialty film and the arthouse market as its key older demos have been slower to return to theaters post-Covid.
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