MRC is an American media company owned by Eldridge Industries. Founded by Mordecai Wiczyk and Asif Satchu as an independent film studio, the company funds and produces film and television programming, and owns a group of entertainment and music industry publications. In 2018, the company merged with Todd Boehly's media assets under Valence Media, with the company as a whole taking on the MRC name in 2020. The company's divisions include MRC Film, MRC Non-Fiction, MRC Television, MRC Live & Alternative, MRC Media & Info, and MRC Data. The company's most notable productions have included the Netflix series House of Cards and Ozark, and the films Baby Driver, Knives Out, and Ted.
History
MRC's investors include Guggenheim Partners, AT&T, WPP Group, Goldman Sachs and ABRY Partners. In 2008, The CW leased its Sunday-night schedule to MRC beginning in the 2008-09 television season. MRC scheduled the reality show In Harm's Way and the dramas Valentine and Easy Money. In November 2008, after all four shows drew poor viewership, The CW announced that it would withdraw from the agreement. The network returned the Sunday timeslots to its affiliates in tthe 2009-10 season. After acquiring rights to produce a U.S. remake of the BBC miniseries House of Cards, MRC would sell the series to the streaming service Netflix in 2011, where it ran for six seasons. On February 1, 2018, Eldridge Industries, a holding company owned by former Guggenheim Partners president Todd Boehly, announced that it would contribute its media assets — including The Hollywood Reporter, Dick Clark Productions, and Billboard, and merge them with MRC into a new company known as Valence Media. In October 2018, MRC formed a joint venture with United Talent Agency known as Civic Center Media, which seeks to back projects involving its members via MRC. In December 2019, Valence Media acquired Nielsen Holdings' music data business, with the division being rebranded as MRC Data. In April 2020, it was reported that Valence Media would rebrand under the MRC name. The rebranding was completed in July 2020.
Filmography
Films produced or co-financed by MRC have included:
