stx

STX Financing, LLC, d/b/a STX Entertainment, is a mini-major American entertainment and media company that creates, produces, distributes, finances and markets film, television and digital media, which includes live events and virtual reality.
The company was founded in 2014 by film producer Robert Simonds and Bill McGlashan. Investors in the company include Hony Capital, Tencent, PCCW, TPG Growth, Liberty Global and individual investors including Gigi Pritzker, Beau Wrigley and Dominic Ng. In April 2018, it was reported that the company was eyeing an initial public offering on the Hong Kong Stock Exchange that could value it at US$3.5 billion. In October 2018, STX reported it had abandoned the IPO, as conditions had deteriorated in Hong Kong due to turbulence in mainland Chinese equity markets and the U.S.-China trade war.

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