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Most Innovative Companies

STX Entertainment

The World's Most Innovative Companies 2016Founded in 2014 by producer Bob Simonds and TPG managing partner Bill McGlashan, STX is a global entertainment company with film, digital, and TV operations. The company is attempting to be the next big, independent studio by making movies that the rest of Hollywood is ignoring: mid-tier films in the $20-$80 million range, as opposed to superhero franchises. STX plans to release as many as 17 films a year by 2017 and has already lined up projects with Julia Roberts, Gary Ross, and Jason Blum. In fact, Blum's film "The Gift" was STX's first release. It wasn't an out of the ballpark hit, but it still made more than $40 million at the box office on a budget of $5 million.
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2016: Hollywood
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