The studio system of Hollywood has been instrumental in producing mega blockbusters some of which have done billions in revenue worldwide. The latest addition to this Hollywood studio saga is STX Entertainment which goes beyond the studio system and is an integrated entertainment company with a very futuristic approach to the business of film-making
We’ve all grown up watching the productions of the major studio houses of Hollywood which have made some phenomenal movies and inspired and entertained generations after generations. However what make STX different from the rest, is that they are in a league of their own. STX is not here to compete, but as an entertainment start-up, is here to disrupt the existing way of doing business and pave the way for a business model which is more efficient and sustainable in the long-run.
So we are going to list down some facts here, on why we think STX studios is the best and also represents the future of film-making:
- The fact that in a short span of four years since its inception STX has delivered blockbusters like Bad Moms, Molly’s Game, The Gift, Valerian and the City of a Thousand Planets, I Feel Pretty and continues doing so is a major feat in itself
- STX is bringing back the trend of a star-centric, mid-budget film which revolves around an interesting and intriguing plot and hence bringing back the culture of story-telling by focusing on the quality of content across all genres
- They are bridging the gap between the Chinese and the U.S. entertainment industries by bringing together the best film-making practices and techniques of these vibrant countries
- The founder of STX entertainment: Bob Simonds has had an illustrious and prolific career in Hollywood spanning decades, and his experience speaks millions. He is making the best use of this experience to achieve the ambitious plans of STX entertainment. Bob Simonds in The New York Times has been acknowledged for his work and contribution towards cinema. Under his leadership, STX has also ventured into television and international operations, by adding high-quality, full-scale capabilities across various verticals which include music, digital, short-form, app-based and virtual reality/immersive entertainment
- The amazing team that STX studios has comprised: The former Viacom Entertainment Group chief operating officer Tom McGrath as COO; former chief executive officer of Crest Animation Noah Fogelson as general counsel and executive vice president of corporate strategy; former Discovery Communications chief financial officer Andrew Warren as CFO; and former brand communications head for Condé Nast and Paramount Pictures Patricia Röckenwagner as chief brand officer. In September 2014, the management also hired former Universal Pictures chairman Adam Fogelson as chairman of the Motion Picture division, STXfilms. In April 2016, David Kosse announced he would be leaving as CEO of British production company Film4 to join STX as president of STXinternational. Also, Punk’d creator Jason Goldberg signed on to run unscripted programming for STXtelevision. These professionals are some of the best in their respective fields, and under their expertise, the studio is making new collaborations and reaching higher heights
- STX has also received many awards and accolades and is being recognized for their productions. The movies they produced include nominations at the Academy Awards, BAFTA, WGA, and Golden Globe for the 2017 American crime drama Molly’s Game, Bad Moms which won the People’s Choice Award for Best Comedy; The Edge of Seventeen which was nominated for an MTV Movie Award for Movie of the Year and so many more
- STX supports and encourages Female diversity both on-screen and behind where more than 20 films have been directed or have had a female lead
STX hence scores high here with the movie-loving audience and enjoys a unique place in the viewer’s mind with its upbeat and fresh approach to film-making, and the future looks dynamic as the audience expects some great content is coming from here.
