Walden Media was founded in 2000 by Micheal Flaherty and Cary Granat. Granat was president of Miramax's Dimension Films division, and Flaherty came from the worldof education. The two were housemates at Tufts University before following different paths and then reuniting to form Walden Media as a movie, television, publishing and Internet enterprise. In late 2001, Anschutz Entertainment Group purchased a majority stake in the company leaving the founders minority shareholders. The company's notable releases include Holes in 2003, Because of Winn-Dixie in 2005, Charlotte's Web in 2006, Bridge to Terabithia, in 2007, three adaptations of The Chronicles of Narnia in 2005, 2008 and 2010, Ramona and Beezus in 2010, and both A Dog's Purpose and Wonder in 2017. All of these films are adaptations of popular children's books. Walden agreed to a marketing partnership with Fox in 2006 under the Fox Walden name. Several movies flopped under the partnership, so in October 2008, Fox Walden shrunk its staffing. In March 2008, Michael Bostick, formerly from Imagine Films, was hired on as creative officer then added co-CEO title. Co-CEO Cary Granat was released from the job effective December 1, 2008. He was replaced by Bostick. Also in 2008, Walden Media entered into a join publishing venture called Walden Pond Press with HarperCollins. Frank Smith was named CEO in 2013 after working with the company since 2003. Prior to his engagement with AFG, Smith worked at New Line Cinema/Fine Line Features
Education program
Walden Media is unique among film production and distribution companies in that it works with teachers, museums, and national organizations to develop supplemental educational programs and materials associated with its films and the original events and/or novels that inspire the films. Walden Media offers in-class teaching tools like educational guides and teacher kits and sponsors seminars and forums for teachers to discuss their practice and to share ideas on using media in the classroom. Directors, writers, and stars of the productions participate in these events. In 2006, Walden Media sponsored the "Break the World Reading Record with Charlotte's Web". At noon on Wednesday, December 13, 547,826 readers in 2,451 locations, 50 states and 28 countries read an excerpt from Charlotte's Web, breaking the world record of 155,528 students from 737 schools in the United Kingdom who read William Wordsworth's poem, "Daffodils" in 2004.
Etymology and logo
The company is named after Walden Pond in Concord, Massachusetts. Its logo is a rock skipping across a pond.