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Magnolia Pictures is an American film distributor. It is a subsidiary of Mark Cuban and Todd Wagner's
2929 Entertainment 2929 Entertainment, LLC. is an American integrated media and entertainment company co-founded by billionaire entrepreneurs Todd Wagner and Mark Cuban. 2929 maintains companies and interests across several industries including entertainment develo ...
. Magnolia was formed in 2001 by Bill Banowsky and Eamonn Bowles, and specializes in both foreign and
independent film An independent film, independent movie, indie film, or indie movie is a feature film or short film that is produced outside the major film studio system, in addition to being produced and distributed by independent entertainment companies (or, i ...
s. Magnolia distributes some of its films, especially foreign and genre titles, under the Magnet Releasing arm. In April 2011, Cuban had placed Magnolia up for sale, but stated that he would not sell the company unless the offer was "very, very compelling."Carlisle, Candace (April 20, 2011)
"Cuban lists Landmark and Magnolia for sale"
. ''
Dallas Business Journal American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes The Business Journals, which contains local business news for 44 markets in the United States, Hemmings Motor New ...
''. Retrieved on April 20, 2011.
One of the recent releases Magnolia distributed is '' Shoplifters'', a Japanese drama that won the 2018
Palme d'Or The Palme d'Or (; en, Golden Palm) is the highest prize awarded at the Cannes Film Festival. It was introduced in 1955 by the festival's organizing committee. Previously, from 1939 to 1954, the festival's highest prize was the Grand Prix du Fe ...
at the Cannes Film Festival and was nominated for
Best Foreign Language Film This is a list of categories of awards commonly awarded through organizations that bestow film awards, including those presented by various film, festivals, and people's awards. Best Actor/Best Actress *See Best Actor#Film awards, Best Actress#F ...
at the 91st Academy Awards.


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Magnet Releasing
{{Authority control Film distributors of the United States 2929 Entertainment holdings Mass media companies established in 2001 2001 establishments in New York City Mass media companies based in New York City