In December 2021, Jahm Najafi announced his intention to acquire STX from the merged company for $173 million–a sale completed in April 2022.

[1] In 2012, Simonds and McGlashan began work on conceptualizing a media company based on the idea of producing medium-budget projects with a star attached, a method that had gone out of style with Hollywood studios.

[3][4] Investors in the company included Hony Capital, Tencent, PCCW, TPG Growth, RTL Group and Liberty Global.

[5][6][7] In September 2017, it was reported that STX was considering an initial public offering on the Hong Kong Stock Exchange (SEHK).

[8] The Wall Street Journal stated that the company could be valued at $3.5 billion, after raising an additional $500 million following the IPO.

trade war, and conditions having deteriorated in Hong Kong due to turbulence in the mainland Chinese equity market.

[11] An overall co-funding agreement with Chinese company Huayi Brothers Media lapsed at the end of 2018,[12] and in April 2019, co-founder Bill McGlashan was fired due to his being indicted in the college admissions bribery scandal.

[13] In April 2020, STX announced that it would merge with the Indian film and television studio Eros International plc.

[26] In November 2022, It was reported that STX's distribution and marketing operations would be shuttered and that Operation Fortune: Ruse de Guerre would go to a streaming service domestically, alternatives being considered for The Marsh King's Daughter, Lionsgate possibly taking over distribution for Ferrari and Greenland: Migration being packaged to other distributors.

[27] By February 2023, It was reported that Lionsgate had already taken domestic rights from Operation Fortune: Ruse de Guerre with plans to release it theatrically on March 3, 2023.

[34][35] In February 2018, STX Films announced it would distribute Netflix and Martin Scorsese's mob drama The Irishman in China along with Media Asia Entertainment Group.

[36] In May 2018, it was reported that STX would distribute and oversee production on Tencent Pictures and Free Association's film adaptation of the digital comic book Zombie Brother, to be directed by David Sandberg.

Under the deal, STX Films will handle US and international distribution with Alibaba Pictures retaining rights in Greater China.

[40][61] The Gentlemen, written, directed and produced by Guy Ritchie and starring Matthew McConaughey, was released theatrically in January 2020.

[15][63] In 2016, STX Films became the fastest studio ever to hit $100 million at the domestic box office with the R-rated comedy Bad Moms.

[79] The Foreigner, a co-production with Jackie Chan's Sparkle Roll Media, crossed $100 million in global box office revenue in October 2017.

A few months later, the variety show Number One Surprise launched, which was the first TV series created by a US-based company specifically for broadcast in China.

[93] In August 2018, Amazon Studios gave a script-to-series order for the untitled project, a globe-hopping drama set in Hong Kong, about a powerful family and their business empire.

In February 2018, Fox and STX TV announced that it is developing an unscripted series based on its film Bad Moms.

[98] In April 2018, Mother Media Group, founded by former Endemol Shine and 20th Century Fox executives, signed a first-look deal with STX TV.

[101] It was also announced that YouTube Red will produce a TV spinoff based on STX's 2016 film The Edge of Seventeen, with an entirely new cast.

[103] In its first year (2015), Surreal produced over 70 immersive VR experiences[103] featuring Gordon Ramsay, Snoop Dogg, Jon Hamm, Jimmy Kimmel, Wolfgang Puck and Wiz Khalifa among others.

[107] In 2018, STX Surreal announced a slate of original projects including New Tricks, directed and produced by Ed Helms;[108] The Kiev Exchange, a spin-off of STX Films' Mile 22;[108] Jay and Silent Bob VR, written, produced, and directed by Kevin Smith;[108] and untitled projects from Dave Bautista and Derek Kolstad.