Home / Arts and Entertainment / AGC Founders Lock In 3-Year Deals Amid Industry Flux
AGC Founders Lock In 3-Year Deals Amid Industry Flux
7 May
Summary
- AGC Studios founders Stuart Ford and Miguel Palos signed three-year contract extensions.
- The company has diversified across film, scripted and unscripted TV since 2018.
- AGC Television is currently filming two major series, including one with Anna Kendrick.
Stuart Ford and Miguel Palos, the co-founders of AGC Studios, have extended their service contracts for three years, continuing their roles as CEO and COO respectively. Ford also retains his positions as Chairman and largest shareholder, while Palos maintains his founding ownership stake alongside key investors including ImageNation, Media Net, and Greg Clark.
Since its inception in 2018, AGC Studios has backed over 51 projects, strategically diversifying into television drama and factual programming. Currently, AGC Television is in production for the geo-political action thriller series 'Embassy', starring Anna Kendrick, and the Beatles biopic series 'Hamburg Days'. The company recently produced the MGM+ series 'Vanished'.
In film, AGC Studios has several projects in post-production, including 'Babies' and 'Fleur', and is preparing for 'Sweat' with Ana de Armas. The firm also recently initiated sales for the AI-produced project 'Critterz'. AGC Unwritten, the unscripted division, is producing a documentary feature for Netflix, similar to 'The Tinder Swindler', and a large-scale competition show, marking the company's entry into the game show arena.
Ford and Palos have a long-standing business partnership of two decades, having previously built and sold IM Global. They established AGC Studios in Los Angeles in 2018. Ford expressed pride in the company's stability amidst a turbulent media landscape, anticipating 2026 to be their most prolific and profitable year. Palos highlighted AGC's evolution into a credible industry player across various content sectors, navigating industry transformations like the COVID-19 pandemic and the rise of streaming.
