TSG Entertainment is an American film financing entity which primarily funds live-action films. Established after the U.S. theatrical release of Parental Guidance, the company replaced Dune Entertainment as a result of their decision to not renew their deal with 20th Century Fox. Fox was looking for a new long term co-financing arrangement and made a deal with TSG Entertainment. The financing entity was founded by former Dune partner Chip Seelig, who had left Dune in May 2011 to launch a new funding company, with majority funding from Magnetar Capital and others. After The Walt Disney Company acquired 21st Century Fox on March 20, 2019, the company inherited Fox?s deal with TSG and renamed it 20th Century Studios. The company\'s logo, depicting a bronze scene of a man taking a bow and arrow and firing it through several ax heads, is a reference to Odysseus from Homer\'s The Odyssey.