He is the chairman of Crossroads Media, a company which invests in live and location-based entertainment on a global scale.
[10] While at Act III, McGrath expanded its broadcast, publishing, and exhibition operations, worked on television station acquisitions, and financed multiple films, including Stand By Me, The Princess Bride, and Fried Green Tomatoes.
[10] While at Viacom, McGrath was involved in several musical adaptations of Paramount films, including White Christmas, Footloose and Saturday Night Fever.
[18] From 2008 to 2013, McGrath served as chairman of Key Brand Entertainment, later renamed The John Gore Organization.
[25] McGrath serves as the Chairman of Crossroads Media,[26][27] a private equity firm that acquires music publishing catalogues.
[33] STX has produced and distributed such films as The Gift, Bad Moms, The Edge of Seventeen, The Foreigner, and Molly's Game.
In April 2018, STX filed for an initial public offering on the Hong Kong Stock Exchange.
[35][36] McGrath was the CEO of Crossroads Live, which produces and tours Broadway musicals in international markets.
[39] In 2024 McGrath partnered with Michael Barra to form ILP Theatrical in association with International Literary Properties.