released Good Night, And Good Luck. with Warner Independent. The film uses a mix of archival footage and contemporary production to tell the story of the famed wartime reporter Edward Murrow (David Strathairn) and his historic "See it Now" broadcast criticizing Senator Joseph McCarthy and the Red Scare. To mitigate risks that could arise with a black-and-white feature film, Wagner engaged Jeff Skoll and his company Participant Media to produce Good Night, And Good Luck, which grossed over $30 million (USA) and was nominated for six Academy Awards, including Best Picture. HDNet Films HDNet Films produced lower budget movies in high definition. Distribution Originally formed in 2001 by Bill Banowsky and Eamonn Bowles, Magnolia Pictures is the home entertainment and theatrical distribution subsidiary of 2929. In November 2005 the company created Magnolia Home Entertainment to release its films over home video, with its first release being Alex Gibney's acclaimed doc, Enron: The Smartest Guys in the Room. It is headed by entertainment industry vet and former head of home entertainment for Miramax, Randy Wells. Magnolia Pictures also provides its content through a curated streaming service, Magnolia Selects. 2929 also launched Truly Indie, an "innovative distribution program" for independent filmmakers. Television 2929 holds a significant interest in AXS TV, which Cuban originally co-founded in 2001 as the all-high definition cable channel HDNet (through AXS TV LLC, formerly HDNet, LLC). HDNet Movies, a companion channel, shows movies in high definition. 2929 also owned Rysher Entertainment, a television syndication distributor with an extensive library of titles and syndication rights to TV shows like Hogan's Heroes, Sex and the City and Star Search. Rysher was later acquired by an investment company through Lakeshore Entertainment. Former operations Theatrical exhibition 2929 acquired Landmark Theatres September 24, 2003. The chain was originally founded by Kim Jorgensen in 1974 and specialized in independent and foreign films. On December 4, 2018 the announcement was made that Landmark Theatres was sold to the Cohen Media Group, "a buyer who is passionate about independent cinema and who truly understands this market." 2929 maintains an interest in Spotlight Cinema Networks, a cinema advertising company. References External links 2929 Productions 2929 Entertainment holdings Mass media companies established in 2003 Companies based in Dallas Film production companies of the United States