3 weeks ago
EXCLUSIVE: Stuart Ford and Miguel Palos person signed three-year extensions to their work contracts arsenic CEO and COO of stalwart movie and TV producer-seller-financier AGC Studios, which they founded successful 2018.
Ford besides retains nan title of Chairman and remains nan largest shareholder successful nan company. Palos besides retains his founding ownership liking successful nan institution alongside founding investors ImageNation (out of Abu Dhabi), Latin American finance money Media Net and Silicon Valley backstage equity investor Greg Clark.
Ford, nan erstwhile IM Global and Miramax exec, is simply a stalwart of nan independent movie scene. While astatine AGC, nan institution has backed much than 51 projects but has besides diversified into TV play and factual.
AGC Television is presently shooting Embassy, nan geo-political action thriller bid starring Anna Kendrick, Sam Heughan and J.K. Simmons, and besides Beatles biopic bid Hamburg Days. AGC precocious produced MGM+ enigma thriller series Vanished, starring Kaley Cuoco and Sam Claflin.
In film, AGC Studios is presently successful post-production connected Lauren Miller Rogen’s Babies starring Anna Kendrick and Seth Rogen; connected Ellie Foumbi’s seductive thriller Fleur starring Halle Berry; and on Fing!, nan family escapade starring Taika Waititi, based connected nan celebrated children’s book. The institution is successful pre-production connected J Blakeson’s Sweat pinch Ana de Armas, and precocious launched income connected AI-produced Cannes marketplace task Critterz.
News coming is that AGC Unwritten, nan firm’s unscripted division, is successful post-production connected an arsenic yet untitled Tinder Swindler-adjacent documentary characteristic for Netflix and is successful pre-production connected an untitled large-scale title show for nan streamer that is owed to commencement accumulation precocious this year. The second marks a first for nan institution successful nan crippled show/competition space.
AGC antecedently produced successful Netflix doc The Tinder Swindler (2022), astir nan the crimes of Shimon Hayut (aka Simon Leviev), an Israeli con creator who defrauded women of an estimated $10M.
Ford and Palos person been business partners for 2 decades, nary mean feat successful nan trim and thrust of nan intermezo business. They built IM Global together and sold it to India’s Reliance earlier brokering different woody for nan institution to Chinese backstage equity group TMP. When that took an unexpected turn, nan 2 moved connected to AGC, which has been moving retired of LA since 2018 and is simply a fixture astatine each nan awesome movie markets.
Said Ford: “Amidst a turbulent media scenery complete nan past 8 years, I’m proud of nan stableness we’ve created wrong nan company’s guidance and shareholder ranks which has delivered america safely to wherever we are successful 2026 enjoying what will almost surely beryllium our astir prolific and profitable twelvemonth truthful far.”
Added Palos: “We’ve continued to germinate AGC into a highly reliable manufacture subordinate crossed film, scripted TV, unscripted TV and documentaries successful a play during which nan manufacture has transformed aggregate times done Covid, nan Streaming Wars, Peak TV, national strikes, and large-scale consolidation. We would not person been capable to do truthful without nan continued support of our founding investors who we are incredibly grateful for successful continuing to judge successful our imagination and our execution.”
