Open Road Films
Open Road Films, LLC, is an American film production and distribution company based in Los Angeles, California. It was launched in March 2011 as a joint venture between the two largest American theatrical exhibitors, AMC Theatres and Regal Entertainment Group, who both owned the company until it was acquired by Tang Media Partners, a media company owned by Donald Tang, in August 2017. After Tang's purchase, both companies Open Road and IM Global merged and formed "Global Road Entertainment". In September 2018, Open Road declared Chapter 11 bankruptcy. The bankruptcy did not effect TMP, IM Global or IM Global TV. In November 2018, Open Road agreed to be purchased by Raven Capital Management. Raven completed its acquisition in February 2019.