Level 1 Entertainment is an American

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 film

Film

A film, also called a movie or motion picture, is a series of still or moving images. It is produced by recording photographic images with cameras, or by creating images using animation techniques or visual effects...

 production company

Production company

A production company provides the physical basis for works in the realms of the performing arts, new media art, film, television, radio, and video.- Tasks and functions :...

. It was founded in January 2003 by film producer

Film producer

A film producer oversees and delivers a film project to all relevant parties while preserving the integrity, voice and vision of the film. They will also often take on some financial risk by using their own money, especially during the pre-production period, before a film is fully financed.The...

 Bill Todman, Jr.

Bill Todman, Jr.

Bill Todman, Jr. launched his career working for his father, Hall of Fame Television Producer, Bill Todman. In 1981, Bill moved to Goodson-Todman West in Los Angeles to concentrate on television production...

 (the son of game show producer Bill Todman

Bill Todman

William S. "Bill" Todman was an American television producer born in New York City. He produced many of television's longest running shows with business partner Mark Goodson.-Early life:...

) and real estate

Real estate

In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...

 and banking magnate

Magnate

Magnate, from the Late Latin magnas, a great man, itself from Latin magnus 'great', designates a noble or other man in a high social position, by birth, wealth or other qualities...

 Edward Milstein. Paul Schwake joined the company later that year as chief operating officer

Chief operating officer

A Chief Operating Officer or Director of Operations can be one of the highest-ranking executives in an organization and comprises part of the "C-Suite"...

.

In 2006, Level 1 released their first film, the comedy

Comedy film

Comedy film is a genre of film in which the main emphasis is on humour. They are designed to elicit laughter from the audience. Comedies are mostly light-hearted dramas and are made to amuse and entertain the audiences...

 Grandma's Boy, through 20th Century Fox

20th Century Fox

Twentieth Century Fox Film Corporation — also known as 20th Century Fox, or simply 20th or Fox — is one of the six major American film studios...

 and in collaboration with Adam Sandler

Adam Sandler

Adam Richard Sandler is an American actor, comedian, screenwriter, musician, and film producer.After becoming a Saturday Night Live cast member, Sandler went on to star in several Hollywood feature films that grossed over $100 million at the box office...

's Happy Madison Productions

Happy Madison

Happy Madison Productions is an American film/television production company founded by actor/comedian Adam Sandler in 1999 that is best known for comedy films. Happy Madison takes its name from the films Happy Gilmore and Billy Madison, two box office successes starring Sandler himself, both...

. They again worked with Happy Madison on the comedy Strange Wilderness

Strange Wilderness

Strange Wilderness is a 2008 comedy-adventure film produced by Adam Sandler's production company, Happy Madison Productions for Paramount Pictures, and starring Steve Zahn, Allen Covert, Justin Long, Kevin Heffernan, and Jonah Hill.-Cast:...

, due out February 1, 2008.

Level 1 also financed New Line Cinema

New Line Cinema

New Line Cinema, often simply referred to as New Line, is an American film studio. It was founded in 1967 by Robert Shaye and Michael Lynne as a film distributor, later becoming an independent film studio. It became a subsidiary of Time Warner in 1996 and was merged with larger sister studio Warner...

's Rendition

Rendition (film)

Rendition is a 2007 drama film directed by Gavin Hood and starring Reese Witherspoon, Meryl Streep, Peter Sarsgaard, Alan Arkin, Jake Gyllenhaal and Omar Metwally. It centers on the controversial CIA practice of extraordinary rendition, and is based on the true story of Khalid El-Masri who was...

, starring Reese Witherspoon

Reese Witherspoon

Laura Jeanne Reese Witherspoon , better known as Reese Witherspoon, is an American actress and film producer. Witherspoon landed her first feature role as the female lead in the film The Man in the Moon in 1991; later that year she made her television acting debut, in the cable movie Wildflower...

 and Jake Gyllenhaal

Jake Gyllenhaal

Jacob Benjamin "Jake" Gyllenhaal is an American actor. The son of director Stephen Gyllenhaal and screenwriter Naomi Foner, Gyllenhaal began acting at age ten...

. They were once a financial partner on Star Trek along with Paramount Pictures

Paramount Pictures

Paramount Pictures Corporation is an American film production and distribution company, located at 5555 Melrose Avenue in Hollywood. Founded in 1912 and currently owned by media conglomerate Viacom, it is America's oldest existing film studio; it is also the last major film studio still...

 and J.J. Abrams' production company, Bad Robot, but they have since been replaced by Spyglass Entertainment

Spyglass Entertainment

Spyglass Entertainment is an American film production company, co-founded by Gary Barber and Roger Birnbaum in 1998. The studio was founded with an investment from European media conglomerates Kirch Group and Mediaset, and a five-year distribution deal with The Walt Disney Company...

.