Established in 2010 and headquartered in New York City, Parkwood Entertainment is a multi-departmental company that specializes in music and video production, management, marketing, digital, creative, philanthropy, publicity, and the record label, Parkwood Music. The company has produced films such as Cadillac Records and Obsessed, both of which featured Beyoncé as a star and executive producer. Additionally, Parkwood Entertainment has also co-produced major tours such as The Mrs. Carter Show World Tour and ON THE RUN TOUR. Beyoncé is also a Co-Founder at Beyond Productions and Ivy Park, as well as an angel investor.