Company Is Comprised of Businesses in Film, Television, Media and Data; Brands Include The Hollywood Reporter, Billboard, Vibe and dick clark productions
LOS ANGELES, CA (July 22, 2020) – Valence Media today announced a rebrand to MRC. MRC, formerly Media Rights Capital, is comprised of six divisions: MRC Data, MRC Film, MRC Non-Fiction, MRC Television, the newly named MRC Media & Info – which includes brands The Hollywood Reporter, Billboard and Vibe and the newly established MRC Live & Alternative – which includes dick clark productions. MRC is headquartered in Beverly Hills and has offices in New York, Kansas City, Tampa, Fairfax, Nashville and Chicago.
More about the company’s divisions:
MRC Data is the most comprehensive global provider of data and analytics to the entertainment and music industry and consumers. Established in 2019, MRC Data services all digital service providers (DSPs), labels, airplay, and music retailers. MRC Data products include Music Connect, Broadcast Data Systems and Music360, which collectively capture and represent the most robust dataset related to music sales, performance, artist activity and consumer engagement.
MRC Data recently issued its mid-year report, which analyzed data from the first six months of the year along with relevant highlights and pivotal moments from the music industry. MRC Data also has issued multiple studies on the effect of COVID-19 on the industry and how entertainment consumption shifted.
MRC Film is known for championing singular filmmakers and emerging directors to make high-quality distinctive films. The studio’s current films include the comedy “The Lovebirds,” directed by Michael Showalter, starring Kumail Nanjiani and Issa Rae, currently streaming globally on Netflix; and the recent Oscar® and Golden Globe nominated “Knives Out,” written and directed by Rian Johnson and produced by Johnson and Ram Bergman, starring Daniel Craig, Chris Evans, Ana de Armas, Jamie Lee Curtis, Toni Collette, Don Johnson, Michael Shannon, Lakeith Stanfield, Katherine Langford, Jaeden Martell and Christopher Plummer. Past titles include “Baby Driver,” the highest grossing original comedy of all-time “Ted,” “The Adjustment Bureau,” “Elysium” and “Babel,” among others.
MRC Film has selectively co-financed major studio films including the upcoming “The Spongebob Movie: Sponge on the Run,” and “Peter Rabbit 2: The Runaway,” and past films including “Furious 7,” “22 Jump Street,” ”Think Like a Man Too,” “Peter Rabbit,” “Hotel Transylvania 2” and “Hotel Transylvania 3.”
Since it was established in 2006, MRC Film has financed and produced more than two dozen films distributed by major studios that have grossed more than $5.1 billion in worldwide box office and have received 12 Academy Award® nominations, 11 Golden Globe® Award nominations, and numerous other accolades.
MRC Live & Alternative produces unscripted and live televised event programming and includes brand dick clark productions (dcp).
Known as the world’s largest producer of televised live event entertainment programming, dcp’s annual shows include the “55th Academy of Country Music Awards” on September 16, 2020 on CBS and the “American Music Awards” on November 22, 2020 on ABC. Earlier this year, dcp produced one of the first music specials reimagined for the current state of the country with “ACM Presents: Our Country,” which featured an array of country music’s biggest superstars in intimate home performances for CBS. The brand’s other annual tentpole events and series include “Billboard Music Awards” and “Golden Globe Awards” for NBC, “Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest” for ABC, “Streamy Awards” for YouTube and 16-time Emmy Award-winning series “So You Think You Can Dance.”
With more than 60 years of award-winning shows, historic programs, specials, performances and legendary programming, dcp’s unique archives are one of the most extensive entertainment libraries in the world.
MRC Media & Info is the definitive global resource for the music and entertainment industry and its consumers. MRC Media & Info educates, informs and convenes audiences through authoritative editorial, awards coverage, dynamic premium events, membership and the most respected charts worldwide.
MRC Media & Info’s prestigious brands include the entertainment industry’s flagship media brand The Hollywood Reporter, the world’s most influential music media brand Billboard, and Vibe, the leading entertainment brand for a global multicultural audience.
In addition to world-class editorial, the division also includes the Billboard Charts, which define success in music and are the most complete and well-respected database of charts across all music genres. The brands routinely gather the entertainment and music industry’s top artists and industry heavyweights in roundtables, conversations, summits and high profile events like the recent Pride Summit, and others including Women in Entertainment, Women in Music, Empowerment in Entertainment, Billboard’s annual Power 100 and Latin Music Week and the Billboard/Vibe Hip Hop and R&B Summit.
MRC Non-Fiction works with a diverse group of artists to develop, finance and produce feature documentaries and docuseries for global audiences who seek enduring and definitive storytelling. The slate includes Edgar Wright’s debut documentary feature “The Sparks Brothers” about the legendary American rock/pop duo as well as “The Last Rider,” which chronicles the story of cyclist Greg LeMond, from acclaimed director Alex Holmes.
MRC Television is one of the largest independent TV studios and has produced a multitude of high-profile projects since its launch in 2008. The current slate includes “Ozark,” from Chris Mundy and starring Jason Bateman, Laura Linney and Julia Garner, which is consistently a top performer on Netflix, “The Outsider,” an adaptation of the Stephen King novel from Richard Price, starring Ben Mendelsohn and Cynthia Erivo, and for which Jason Bateman directs and executive produces on HBO, which delivered the network’s biggest audience for a first-year drama launch since “Westworld,” and most recently “The Great,” from Tony McNamara, starring Elle Fanning and Nicholas Hoult, already renewed for a second season on Hulu.
The studio’s upcoming projects include new limited series “The Shrink Next Door,” starring Will Ferrell and Paul Rudd and from director Michael Showalter and writer Georgia Pritchett with Apple TV+; and “The Terminal List,” for which Chris Pratt stars and executive produces alongside director Antoine Fuqua and writer David DiGilio, with Amazon Studios.
MRC Television pioneered a two-season upfront order for “House of Cards,” the first original series for Netflix. To date, the studio’s series have been nominated for 72 Emmy® Awards and 11 Golden Globe Awards.
MRC also operates “The Rideback TV Incubator,” with Dan Lin’s production company Rideback, to financially and creatively support TV drama writers from diverse backgrounds who are seeking to create their own series for cable or streaming, and Civic Center Media, a joint venture with UTA, to develop, produce and finance premium TV series. MRC owns a majority stake in A-Major Media, a film and television production company focused on Asian American content and minority stakes in UK production company Fulwell 73, film distributor A24, film and television studio T-Street and management and creative platform Sugar23.
MRC is a diversified global entertainment company with businesses spanning film, television, media and data. Leading independent studios MRC Film and MRC Television source, finance, develop and produce critically-acclaimed and award-winning films and shows alongside some of the industry’s foremost creative artists. MRC Media & Info reaches millions of consumers monthly through the entertainment industry's flagship media brand The Hollywood Reporter, the world's most influential music media brand, Billboard and Vibe, the leading entertainment brand for a global multicultural audience. MRC Non-Fiction finances and produces feature documentaries and docuseries for global audiences, and dick clark productions, part of MRC Live & Alternative, is the largest producer and proprietor of television live-event entertainment programming broadcasts worldwide. MRC Data was established recently with the acquisition of Nielsen Music’s data and insights product suite. MRC has minority investments in A24, Fulwell 73, T-Street and Sugar23. For more information on MRC Entertainment™ please visit: www.mrcentertainment.com.