Imagine Entertainment

Imagine Entertainment
Private
Industry Film
Production company
Predecessor Imagine Films Entertainment
Founded 1986 (1986)
Founder Brian Grazer
Ron Howard
Headquarters Beverly Hills, California, United States
Area served
 Worldwide
Key people
 Brian Grazer (Chairman)
Ron Howard (Chairman)
Michael Rosenberg (Co-Chairman)
Erica Huggins (President)[1]
Products Feature films, TV series
Owner Brian Grazer
Ron Howard
Subsidiaries Jax Media
Website imagine-entertainment.com

Imagine Entertainment (formerly Imagine Films Entertainment and also known simply as Imagine) is an American film and television production company founded in 1986 by director Ron Howard and producer Brian Grazer.

Co-founders Ron Howard and Brian Grazer at a Tribeca Film Festival panel on A Beautiful Mind

Background

Brian Grazer and Ron Howard met in 1982 on Night Shift, with Howard directing and Grazer co-producing. They followed it up by working on 1984's Splash.[2]

History

Imagine Films Entertainment

Early on, the company sealed a production and distribution deal with Universal Pictures,[2] which was set to expire in November 1992. The deal was to fund 50% of 30 films. Imagine an IPO in 1986 at $8 for a package of one share and one warrant. Shares rose to $19.25 before falling in the stock market crash in 1987 to $2.25. A pay television broadcast agreement was made with Showtime.[3]

By May 1992, 48% of the stock was public traded and worth $9.375. The duo agreed to a new six deal with Universal while concurrently offering $9 a share to buy the company's public outstanding share to start a new company with its assets. If not, they planned to leave the company at their contract expiration in November to start the new company anyway. Universal was providing the cash for a buyout of an equity stake in the new company.[3]

Imagine Entertainment

In 2000, the partnership teamed up with 20th Century Fox for development of TV series, an agreement set to expire at the end of 2016.[2] In 2011, the company had three weak box office performers with The Dilemma, Cowboys & Aliens and Tower Heist. Because of their weak financial pact renewal with Universal in January 2012, Imagine laid off 5 employees, including production executive Jeremy Steckler.[4] This also moves Imagine from exclusive to a first look deal. By 2013, Imagine was considering other funding methods for the company's films including crowdfunding for a Friday Night Lights movie.[5]

In November 2013, Michael Rosenberg was promoted to co-chairman followed in December 2013, with Erica Huggins being promoted to his previous position as president.[1] Industry insiders indicated in late January 2016 that a deal with Raine Group was in the works that would have Raine become a partner of the production company while contributing $100 million.[2]

In 2017, Imagine had made a six-picture deal with Australian visual effects/animation studio Animal Logic to develop, finance, and produce six animated/live-action films.[6]

In 2018, Imagine acquired a controlling stake in Jax Media.[7]

Feature-film division

The feature-film division has participated in over sixty productions and is associated with Universal Pictures,[8] which has distributed many of Imagine's productions, some with other studios. Erica Huggins was hired as senior vice president of motion picture production and was elevated to executive vice president in 2006, and later to co-president of production in 2010.[1]

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Television division

Its television division, Imagine Television has participated in at least twenty productions and is associated with 20th Century Fox Television.

Television productions

Year(s) Title Network/Channel Notes
1986–1987 Gung Ho
ABC
 with Paramount Television and Four Way Productions
1987–1988Oharawith Warner Bros. Television and M'ass Production
1987 Take Five
CBS
 with TriStar Television and Empire City Presentations
1989 Knight & Daye
NBC
1990–1991 Parenthood
My Talk Show
Syndication
 with Second City Entertainment and MCA TV
1997–1998Hiller and Diller
ABC
1998From the Earth to the Moon
HBO
1998–2000Sports Night
ABC
with Touchstone Television
1998–2002Felicity
The WB
1999–2001The PJs
FOX/The WB
with The Murphy Company, Will Vinton Studios, and Touchstone Television
2000Wonderland
ABC/The 101 Network
with Touchstone Television
Rat Bastard
UPN
Pilot
2001The Beast
ABC
2001–1024[2]
FOX
with Real Time Productions, Teakwood Lane Productions, and 20th Century Fox Television
2003Miss Match
NBC
with Darren Star Productions and 20th Century Fox Television
2003–06
2013–present		Arrested Development[5]
FOX/Netflix
The Hurwitz Company and 20th Century Fox Television
2004The Big House
ABC
2004–05Quintuplets
FOX
with Mark Reisman Productions and 20th Century Fox Television
2005The Insidewith Reamworks and 20th Century Fox Television
2006Saved
TNT
2006–2015Curious George
PBS Kids
with WGBH-TV and Universal Animation Studios
2006Treasure Hunters
NBC
2006–08Shark
CBS
with Deforestation Services and 20th Century Fox Television
2006–11Friday Night Lights[5]
NBC
with Film 44 and Universal Media Studios
200824: Redemption
FOX
with Teakwood Lane Productions and 20th Century Fox Television
2009–11Lie to Mewith Pagoda Pictures, Samuel Baum Productions, MiddKid Productions, and 20th Century Fox Television
2010–15Parenthood
NBC
with True Jack Productions, Universal Media Studios, and Universal Television
2011Friends with Benefitswith Big Kid Pictures, Pickle Films, and 20th Century Fox Television
The Playboy Clubwith Alta Loma Entertainment, Storyland Entertainment, and 20th Century Fox Television
2012The 84th Academy Awards[11]
ABC
with The Academy of Motion Picture Arts and Sciences
The Great Escape
TNT
with Profiles Television Productions, The Hochberg Ebersol Company, and Fox Television Studios
2013How to Live with Your Parents (For the Rest of Your Life)
ABC
with Hot Lava Girl Productions and 20th Century Fox Television
2014Those Who Kill
A&E/Lifetime Movie Network
with One Two One Three Pictures, Miso Film, and Fox 21
24: Live Another Day
FOX
with Teakwood Lane Productions and 20th Century Fox Television
Gang Relatedwith Chris Morgan Productions, Skeeter Rosenbaum Productions, and 20th Century Fox Television
2015–presentEmpire[2]with Lee Daniels Entertainment, Danny Strong Productions, Little Chicken Inc., and 20th Century Fox Television
2015The Bastard Executioner
FX
with Sutter Ink, FX Productions, and Fox 21 Television Studios
201724: Legacy
FOX
with Coto/Katz Productions, Teakwood Lane Productions and 20th Century Fox Television[12]
Shots Firedwith Undisputed Cinema and 20th Century Fox Television
2017–presentGenius
National Geographic Channel
with Paperboy Productions, OddLot Entertainment, EUE/Sokolow and Fox 21 Television Studios
TBAUntitled Music Comedy[13]
Amazon Instant Video
with Amazon Studios
Problem Child[14]
NBC
with STX Entertainment and NBCUniversal

References

  1. 1 2 3 McNary, Dave (December 9, 2013). "Ron Howard, Brian Grazer Promote Erica Huggins to President of Imagine". Variety. Retrieved January 29, 2016.
  2. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Rainey, James (January 28, 2016). "Raine Group to Invest $100 Million-Plus in Imagine, Partners Eye Expansion". Variety. Retrieved January 29, 2016.
  3. 1 2 3 4 5 6 Fabrikant, Geraldine (May 19, 1992). "COMPANY NEWS; Chiefs of Imagine Films Seek to Take It Private". New York Times. Retrieved January 29, 2016.
  4. 1 2 3 4 5 6 THR Staff (January 12, 2012). "Imagine Entertainment Lays Off Staff". Hollywood Reporter. Retrieved January 29, 2016.
  5. 1 2 3 Fleming Jr, Mike (May 16, 2013). "Cannes: Brian Grazer, Ron Howard Introduce Imagine 2.0; A Pele Pic On The Croisette, A Crowd-Funded 'Friday Night Lights', 'Dark Tower', Jay-Z And One Angry White Whale". Deadline Hollywood. Penske Business Media. Retrieved January 29, 2016.
  6. ↑ Amid Amidi (April 5, 2017). "Ron Howard's Imagine Entertainment Teams Up With Animal Logic for 6 Animated Features". Retrieved April 17, 2017.
  7. ↑ Andreeva, Nellie (20 February 2018). "Imagine Entertainment Takes Controlling Interest In Comedy Series Producer Jax Media". Deadline. Retrieved 17 May 2018.
  8. ↑ "Imagine Entertainment Company Profile – Yahoo! Finance". Biz.yahoo.com. Retrieved 2011-05-17.
  9. ↑ https://imagine-entertainment.com/film/solo-a-star-wars-story/
  10. ↑ Rebecca Ford; Borys Kit. "Kate McKinnon, Mila Kunis in Talks to Star in Action-Comedy 'The Spy Who Dumped Me'". hollywoodreporter.com. Retrieved 17 March 2017.
  11. ↑ https://imagine-entertainment.com/television/84th-academy-awards/
  12. ↑ Andreeva, Nellie (2016-02-23). "'24: Legacy': Teddy Sears Cast As Head Of CTU In Fox Pilot". Deadline Hollywood. Retrieved 2017-02-13.
  13. ↑ Andreeva, Nellie (2017-05-03). "Danny DeVito & Jeff Goldblum To Star In Amazon Comedy Series From Imagine TV". Deadline Hollywood. Retrieved 2017-05-03.
  14. ↑ Nellie Andreeva (January 29, 2015). "Problem Child Comedy Based On Movie Gets NBC Pilot Order". Deadline Hollywood. Retrieved February 23, 2018.
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