Premise: Legendary Entertainment ( also known as Legendary Pictures or Legendary ) is an American media company based in Burbank , California . The company was founded by Thomas Tull in 2000 and in 2005 , concluded an agreement to co-produce and co-finance films with Warner Bros. , and began a similar arrangement with Universal Studios in 2014 . Since 2016 , Legendary has been a subsidiary of the Chinese conglomerate Wanda Group .
Hypothesis: Legendary Entertainment is independently owned and operated.
Label: CONTRADICTION