Soon after, DMG made Lionsgate’s Knowing, the first ever non-major studio movie to receive approval as a quota film.
When DMG shifted its focus to the film business, Fenton began acquiring movies for theatrical release in China. The latter has yet to be released, the rest have grossed nearly $2B worldwide. He also produced or supervised 20 films ranging from big budget franchises like Iron Man 3, Point Break and 47 Ronin to more niche films like Looper, Waiting, Blockers and Chappaquiddick. In addition to managing DMG’s IP library, he oversaw the M&A and strategic investment usage of DMG’s capital resources. 'Monster Hunt 2' Shatters Single-Day China Box Office Record With $97M Fridayĭuring Fenton’s tenure, DMG grew from 35 employees to more than 900 today, with its value increasing from $100 million to a market cap of roughly $5 billion.Īmong his DMG responsibilities, Fenton supervised the development, financing, production, marketing and distribution of DMG’s entertainment content.
