september 2016 type private industry mass media founded march 10 2014 ; 2 years ago 2014 03 10 1 founder robert simonds bill mcglashan headquarters los angeles california united states key people robert simonds chairman thomas b. mcgrath coo sophie watts president noah fogelson general counsel & executive vp corporate strategy services film production film distribution television production digital media finance film development divisions entertainment motion picture group non scripted and alternative programming digital international website stxentertainment.com stx entertainment stylized as stx entertainment is an american mass media company founded in 10 march 2014 by robert simonds and bill mcglashan . they specialize in film and television production as well as digital media . contents 1 history 1.1 founding and early years 1.1.1 first deal agreement 1.2 distribution deals and later ventures 2 production 2.1 film production 2.2 television production 3 management 4 divisions 5 list of films television 5.1 film 5.2 upcoming films 5.3 television 6 references 7 external links history edit founding and early years edit in 2012 simonds and mcglashan the head of tpg growth were discussing the profitability of producing films with a star attached and a medium budget in the 20 60 million range a method that had gone out of style with hollywood studios . the conversation led to the launch of stx entertainment in 2014 with a mission to finance develop produce market and self distribute 8 to 10 medium budget star driven films worldwide per year . 2 3 first deal agreement edit in march 2015 stx announced a deal with chinese film production company huayi bros. to co finance at least 18 films to be produced over a three year period beginning in 2016 which would increase stx s slate to 12 to 15 films annually through 2018 . 4 5 6 distribution deals and later ventures edit rather than pursuing the traditional distribution process stx has direct distribution agreements with north american theater chains amc regal cinemark and carmike . 7 in january 2015 stx signed a multiyear television output agreement to release its films exclusively to showtime networks during the premium television window beginning in 2015 and covering the studio s theatrical releases through 2019 . 8 in april 2015 stx entered into a multiyear partnership with universal studios home entertainment with universal handling marketing sales and distribution services for blu ray dvd and vod platforms of stx s theatrical titles in north america . 9 stx is backed by venture capital firm tpg chinese private equity firm hony capital and private equity including gigi pritzker and beau wrigley . 10 the studio has announced plans to invest over 1 billion per year through 2018 in making marketing and distributing films . stx closed a further round of financing in august 2016 that valued the company at close to 1.5 billion . additional major strategic investments were made from companies including chinese technology giant tencent and hong kong based telecommunications firm pccw . 11 later in august 2016 stx acquired vr content producer surreal to begin powering some of their own efforts in the virtual reality space . terms of the deal were not disclosed . 12 13 production edit film production edit in january 2015 stx announced its first slate of films the gift a thriller starring jason bateman rebecca hall and joel edgerton and written and directed by edgerton ; secret in their eyes a remake of the 2009 argentine film starring chiwetel ejiofor nicole kidman and julia roberts and written and directed by billy ray ; the boy a psychological horror thriller directed by william brent bell and starring lauren cohan ; the free state of jones a civil war drama starring matthew mcconaughey and written and directed by gary ross ; and russ and roger go beyond starring will ferrell and based on the true story of the collaboration between russ meyer and roger ebert . 8 10 14 15 stx also acquired worldwide rights to the action film hardcore henry for 10 million after its premiere at the toronto international film festival making it the studio s first acquisition . 16 in april 2016 it was announced that barbra streisand and barry levinson will be producing a film version of the broadway musical gypsy for stx 17 with a screenplay by richard lagravenese . 18 at the 2016 cinemacon in las vegas stx announced it would be working with sylvester stallone on a new project . 19 in may 2016 it was announced that stx would develop the teen comedy alex strangelove to be directed by craig johnson from his own script and to be produced by ben stiller s red hour films . 20 additionally stx announced it would have an animation and family division and it will be kicked off by the uglydoll movie which is based on the david horvath line of plush characters . television production edit stx s first television project was the 13 episode series state of affairs which was developed by stx and sold to nbc . 2 the drama thriller stars katherine heigl and alfre woodard . 21 it premiered on nbc on november 17 2014 . 22 stx is also producing the nbc pilot problem child based on the 1990 film of the same name . 23 management edit robert simonds serves as chairman and ceo 2 former viacom entertainment coo tom mcgrath serves as coo sophie watts serves as president and noah fogelson is general counsel and executive vice president of corporate strategy of the parent company . 7 in september 2014 former universal pictures chairman adam fogelson was hired as stx s chairman of the motion picture group division . 3 24 also that month oren aviv former president of marketing at 20th century fox and disney was hired as the president and chief content officer of the motion picture group working with fogelson to develop produce and market stx s films . 15 25 in april 2016 david kosse announced he would be leaving as ceo of british production company film4 to join stx as president of its new stx international division . 26 also that month former relativity media president michael joe joined stx as coo of its motion picture group 27 and punk d creator jason goldberg signed on as head of stx non scripted and alternative programming which will focus on projects for the united states china and india . 28 stx s board of directors includes frank biondi the former president and ceo of viacom and former chairman and ceo of universal studios ; tony vinciquerra former chairman and ceo of fox networks group ; film producer gigi pritzker founder of odd lot entertainment ; david bonderman founding partner of tpg ; and john zhao ceo of hony capital . 29 30 divisions edit stx entertainment stx motion picture group stx non scripted and alternative programming stx digital stx international stx vr and immersive entertainment stx surreal formerly surreal inc. 31 list of films television edit film edit year film release date critical and public response box office rotten tomatoes metacritic 32 cinemascore 33 budget gross 2015 the gift august 7 2015 93 % 160 reviews 34 77 31 reviews b 5 million 59 million 35 secret in their eyes november 20 2015 39 % 132 reviews 36 45 28 reviews b 19.5 million 32.2 million 37 2016 the boy january 22 2016 27 % 49 reviews 38 42 10 reviews b 10 million 64.2 million 39 hardcore henry april 8 2016 48 % 117 reviews 40 51 30 reviews c 2 million 14.3 million 41 free state of jones june 24 2016 46 % 129 reviews 42 53 36 reviews a 50 million 20.9 million 43 bad moms july 29 2016 60 % 130 reviews 44 60 33 reviews a 20 million 170.9 million 45 upcoming films edit year film 2016 desierto 2016 the edge of seventeen 2016 the space between us 2017 the bye bye man 2017 bad dads tba the foreigner television edit year title air date number of distributor seasons episodes 2014 state of affairs 17 november 2014 16 february 2015 1 13 nbcuniversal television distribution 2015 problem child tba pilot references edit simmonds robert 10 march 2014 . robert simonds tpg growth hony capital and gigi pritzker launch next generation fully integrated film studio . pr newswire . retrieved 25 september 2016 . a b c anita busch is this hollywood s next major studio bob simonds & tpg growth s venture fully financed jp morgan says ; hiring deals to start in earnest deadline.com march 13 2014 . a b tad friend the mogul of the middle the new yorker january 11 2016 . anita busch and nancy tartaglione stx entertainment pacts with china s huayi bros for 12 15 pics per year deadline.com april 1 2015 . brent lang stx entertainment chief says huayi deal supercharges our business plan variety april 1 2015 . richard verrier china s huayi bros. media closes film slate deal with stx entertainment los angeles times april 2 2015 . a b robert simonds gigi pritzker pact with tpg china s hony capital on production venture variety march 10 2014 . a b dave mcnary stx entertainment showtime announce tv output deal and first 4 films variety january 20 2015 . rebecca ford stx entertainment signs pact with universal studios home entertainment the hollywood reporter april 7 2015 . a b rebecca ford showtime stx entertainment announce tv deal and first four films the hollywood reporter january 20 2015 . ryan faughnder stx entertainment secures funding from china s tencent and pccw the la times april 11 2016 . lucas matney . stx entertainment acquires vr studio surreal . techcrunch . retrieved 2016 08 23 . http deadline.com 2016 08 stx entertainment virtual reality surreal aquisition starts new vr division 1201807547 max evry stx entertainment and showtime partner for slate of films comingsoon.net january 20 2015 . a b brent lang stx entertainment dates films with matthew mcconaughey julia roberts jason blum variety february 25 2015 . stx entertainment closing deal for hardcore 10 million and wide release commitment toronto . deadline . 2015 09 18 . retrieved 2015 09 19 . gregg kilday barbra streisand barry levinson to make gypsy for stx entertainment the hollywood reporter april 11 2016 . robert viagas and andrew gans barbra streisand gypsy film may happen after all playbill april 11 2016 . rebecca ford cinemacon sylvester stallone stx teaming on new movie the hollywood reporter april 12 2016 . dave mcnary stx partners with ben stiller for alex strangelove comedy variety may 9 2016 . james hibberd katherine heigl drama plus 2 more get nbc series orders entertainment weekly may 6 2014 . saba hamedy tv ratings nbc wins key demo ; state of affairs has decent premiere los angeles times november 18 2014 . nellie andreeva problem child comedy based on movie gets nbc pilot order deadline.com january 29 2015 . anita busch former uni chairman adam fogelson hired as chairman of stx entertainment motion picture group deadline.com september 24 2014 . anita busch and mike fleming jr ex fox disney marketer oren aviv officially joins robert simonds stx venture deadline.com september 3 2014 . ali jaafar david kosse leaving film4 to join stx heading new international division deadline.com april 1 2016 . jeff sneider stx entertainment hires michael joe as coo of motion picture group thewrap april 19 2016 . cynthia littleton punk d creator jason goldberg to head unscripted tv at stx entertainment variety april 25 2016 . david lieberman stx entertainment adds venture capitalist carmen chang to its board deadline.com november 3 2015 . gigi pritzker investing in new u.s. movie studio crain s chicago business march 10 2014 . http deadline.com 2016 08 stx entertainment virtual reality surreal aquisition starts new vr division 1201807547 stx entertainment . metacritic cbs interactive . retrieved september 18 2016 . cinemascore . retrieved september 18 2016 . the