Revolution Studios Sold to Investment Firm Content Partners

Revolution Studios has been acquired by Los Angeles-based investment firm Content Partners and its affiliate CP Enterprises, Content Partners announced Wednesday.

The studio, which has been behind films like “xXx,” “Anger Management,” “Black Hawk Down” and “Daddy Day Care,” has been owned by investment funds since 2014.

Under the new ownership, Revolution Studios will continue as a stand-alone business, led by CEP Vince Totino and COO Scott Hemming, who will now also serve as the company’s president. Under the leadership of Totino and Hemming, Revolution acquired rights to 80 films and also produced “xXx: Return of Xander Cage,” which will hit theaters on Jan. 20.”

See Video: Vin Diesel Gets Awkwardly Amorous With Interviewer

“We are extremely excited to begin this next chapter in the Revolution Studios story,” said Totino in a statement. “Content Partners, with its unique and successful investment strategy in entertainment properties, complements Revolution’s approach to exploiting film and television products across all media.”

Hemming added, “We have significantly expanded the Revolution library over the past two and a half years and validated that not only is there strong worldwide licensing demand for quality library content, there is significant value in derivate rights as well. We look forward to continuing this success with Content Partners.”

See Video: 'XXX: Return of Xander Cage' First Trailer Shows Vin Diesel Kicking Ass, Looking Dope

Revolution’s films have earned more than $7.1 billion at the box office. Other films include “Maid in Manhattan,” “Hellboy” and “White Chicks.” The studio, originally founded by Joe Roth in 2000, has also produced 240 television episodes.

Sidley Austin LLP represented Fortress Investment Group LLC in its sale of Revolution Studios to Content Partners.

'XXX: Return of Xander Cage' Trailer: 12 Most Extreme Moments (Photos)

There's sightseeing, and then there's skiing through trees. It's wholly unnecessary, and totally extreme.
Paramount Pictures
That's what we call a brainer. Vin Diesel's Xander Cage isn't in the mood to take orders, so, like the extreme dude he is, he decks an officer who tells him to stand down and steals the guy's gun.
Paramount Pictures
Well, this is one way to steal a motorcycle. One of the film's primary antagonists flips forward, directly at an oncoming motorcycle, and kicks the rider directly in the face before riding the bike away himself.
Paramount Pictures
There are two fantastic things about Xander Cage's short skateboard adventure in this trailer. The first is his trick off the side of a school bus, like the hero of a 1980s high school film.
Paramount Pictures
The second -- again, like that 1980s high school hero -- is a moment where Xander Cage skates directly next to a car and snags a high-five from the driver. What about this situation is safe? Nothing. It's extreme.
Paramount Pictures
Ruby Rose gets ready for the head shot. If there's one way to introduce a character, it's having her drop in ready to take someone out as though it were her day job.
Paramount Pictures
What kind of movie would this be without extreme car stunts? If there's anything action flicks need these days, it's more cars flipping over one another.
Paramount Pictures
The mid-air flip is a classic, and shot over a stunned crowd, it instantly made the list for the most xXxtreme moments.
Paramount Pictures
Nothing like the money shot. The great thing about this one is that Xander Cage's mean mug isn't the craziest thing you'll see in this movie above a motorcycle. Which leads us to...
Paramount Pictures
It seems like one of Xander Cage's favorite things to do is mix sports and activities that don't often go together. Here, he and Tony Jaa take off on motorcycles that turn into jet skis, allowing them to stylishly ride the waves. When did they have time to practice this?!
Paramount Pictures
As cars topple over each other, they in turn spin directly over other humans, putting life into unique perspective for the heroes on the ground.
Paramount Pictures
And of course, the big finish: Diesel barreling through the middle of a jet, and leaping out of it just in time to survive a massive explosion. The epitome of extreme has been reached, and everyone else can go home.
Paramount Pictures