Black Label Media is aLos Angeles basedindependent film production,television production,podcast,entertainment and finance company founded in 2013.[1] The company had a 25 percent stake inLa La Land (2016).[1]
The company was founded in 2013 byMolly Smith, the daughter of billionaireFrederick W. Smith who foundedFedEx and invested in the company,[1] andThad Luckinbill, an actor onYoung and the Restless for 11 years, and twin brother Trent Luckinbill.[1]
The origins of Black Label Media were started as Belle Pictures, an affiliated production company ofAlcon Entertainment andWarner Bros.,[2] but the company soon underwent name change, with Black Label Media's intentions was to focus on adult, mid-level budget fare, for greater flexibility and autonomy.[3]
The name of the company was taken from theAmerican ExpressCenturion "Black Card" and in part byJohnnie Walker Black whiskey.[1]
On April 12, 2016, the company launched its television division with a deal atABC Signature andABC Studios, to develop television and movie projects.[4] On April 24, 2017, two of Black Label Media's projects, likeOnly the Brave andSicario: Day of the Soldado, were transferred fromLionsgate toSony Pictures.[5]
On June 27, 2019, it expanded to podcasts with a deal at the Bleav Podcast Network.[6] On February 11, 2020, Alcon Entertainment teamed up with Black Label Media to purchase the film rights toPostscript.[7] On September 4, 2020,Sony Pictures Entertainment announced that it would acquireDevotion, withSTX Entertainment handling international rights of the picture, with Black Label Media producing.[8]