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Legendary Pictures
Legendary Pictures, officially Legend Pictures, LLC (also referred to as Legendary Entertainment and just Legendary onscreen), is an American film production company based in Burbank, California. The company was founded by Thomas Tull in 2000 and in 2005 the company concluded an agreement to co-produce and co-finance films with Warner Bros. In 2014, Legendary began a similar arrangement with Universal Studios.
== History ==
Thomas Tull founded Legendary Entertainment after raising $500 million from private equity firms. 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. Legendary Pictures, Inc. was incorporated in California in 2000 and in 2005 it signed an agreement with Warner Bros. to co-produce and co-finance up to 40 films over seven years.〔 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. In 2011, Accel Partners bought $40 million-worth of shares and Accel partner Jim Breyer joined the company's board of directors. That same year the company was reported to have been valued at more than $1 billion.〔 In September 2011, Chief Creative Officer Jon Jashni was appointed to the new position of President. In December 2012, Waddell & Reed bought around 20% of Legendary's shares for $443 million.
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. 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.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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