|Headquarters||Dallas, United States
New York City, United States
|Subsidiaries||Magnolia Home Entertainment
Magnolia was formed in 2001 by Bill Banowsky and Eamonn Bowles, and specializes in both foreign and independent films. Magnolia distributes some of its films, especially foreign and genre titles, under the Magnet Releasing arm. In April 2011, Cuban placed Magnolia up for sale, but stated that he would not sell the company unless the offer was "very, very compelling."