DMG Entertainment is a global entertainment and media company. The studio's most recognizable films include Looper (2012), Iron Man 3 (2013) and Bloodshot (2020).
History
DMG Entertainment began as a film production company that was founded by Dan Mintz, Wu Bing, and Peter Xiao.[2]
In 2012 DMG started co-producing and financing major motion pictures. Their first picture Looper generated 177 million dollars on a 30 million dollar budget.
After Looper, DMG would go on to produce Iron Man 3 with Marvel Studios, which would later become the most successful of all the Iron Man movies grossing over $1.2 billion in worldwide box office revenue.
DMG Interactive
In 2017, DMG Entertainment launched DMG VR, a new division focused on immersive storytelling. As part of a new project, DMG introduced Arcturus, a DMG subsidiary firm developing interactive VR technologies.[3]
In 2016 DMG also acquired the VR rights to Hasbro’s Transformers franchise, a live-action attraction and a theme park for Transformers Universe featuring its most notable characters Optimus Prime and Bumble Bee in an interactive environment using VR technologies. The first "digital theme park" opened in spring 2017 in Shanghai.
Valiant Entertainment
DMG Entertainment was majority shareholder of the books and comics publisher Valiant Comics since 2014, allowing it to have a significant impact on the company's recent development. Following the full acquisition of comic publisher Valiant Entertainment in 2018, DMG added two new divisions: "Books & Comics" and "Video Games".
