Up until 2024, Lionsgate owned film and TV studios under its own umbrella. They have since been spun off into Lionsgate Studios, of which Lionsgate owns 87%.
History
Formation
Lionsgate was formed in 1997 by Frank Giustra, whose $16 million investment was augmented by $40 million from investors including Keyur Patel and Yorkton Securities' executives such as G. Scott Paterson.[3] Giustra had recently retired as CEO from Yorkton, an investment bank, and Paterson was then president. Giustra then merged Lionsgate with Toronto Stock Exchange-listed Beringer Gold Corp. (founded in 1986) to take the company public. Beringer's mining assets were soon sold off.[4][5][6]
Lionsgate then began a series of acquisitions to get into the film industry. The company bought a number of small production facilities and distributors, starting with Montreal-based Cinépix Film Properties (which became the present-day Lionsgate Films) and North Shore Studios (which became known as Lions Gate Studios, until its acquisition in 2006) in Vancouver, British Columbia. Mandalay Television was acquired by Lionsgate from Peter Guber for a 4% Lionsgate stake.
Early history
In 1998, Lionsgate helped Guber form Mandalay Pictures with a 45% investment in Mandalay. Lionsgate followed that up with a June purchase of International Movie Group, Inc. (IMG), a bankrupt film distributor previously invested in by Guber and Yorktown Securities, for its film library. IMG's CEO Peter Strauss became President of Lions Gate Entertainment, Inc. (LGE), the American parent company for Lionsgate's U.S. interests.[5] The Lions Gate Media subsidiary was also formed to produce for television.[5]
Completing its first year of operation, Lionsgate had a revenue of $42.2 million with a loss of $397,000. The company share price dropped to a low of $1.40. This limited the corporation's ability to make acquisitions via stock swaps. Lionsgate instead made its next acquisition of Termite Art Productions, a reality-based television production company, for $2.75 million by issuing three convertible promissory notes. Giustra had the shareholders vote to move the company's public listing from the Toronto Stock Exchange to the American Stock Exchange, along with a two-for-one stock consolidation to qualify, for greater exposure that might boost share value.[5]
In January 1999, Roman Doroniuk was named president and chief operating officers of Lionsgate, which led to the corporation's financial operations being moved in April to Doroniuk's offices in Toronto, Ontario while corporate headquarters remained in Vancouver, British Columbia. Lionsgate created US based Avalanche Films and acquired half of Sterling Home Entertainment, both in video sales. Again, Lionsgate registered losses in its second year of $9.3 million on revenues of $78.3 million with most of the losses from its stake in Mandalay Pictures. Thus in the summer, Lionsgate placed its studios up for sale with no buyers. TV operations were changed to non-network hourlong series over riskier network shows and ended its relationship with Mandalay Television. The corporation sought out more capital and cash with a filing of a preliminary prospectus for the sale of preferred stock and common stock warrants and a $13.4 million line of credit.[5]
2000s expansion
Additional acquisition funding arrived in January 2000 as a $33.1 million investment from an investor group that included Paul Allen, former Sony Pictures executive Jon Feltheimer, German broadcasting company Tele-Munchen, and SBS Broadcasting SA. This led to Feltheimer taking over as CEO from Giustra thus the passed over Doroniuk left the company. Feltheimer increased film making including several $1 million films at Avalanche. However, Federgreen still remains one of the major owners of the company and is extremely involved in the making of all their major movies. In June, Lionsgate acquired Trimark Holdings, Inc. for approximately $50 million in stock and cash including taking on $36 million in debt.[5]
Lionsgate continued making acquisitions during the decade to boost distribution and its film library. On December 15, 2003, Lionsgate acquired Artisan Entertainment for $220 million.[7] Following the acquisition, Lionsgate relocated from Marina del Rey to Artisan's headquarters in Santa Monica. In 2004, Erik Nelson reacquired Termite Art and renamed it to Creative Differences.[8]
Lionsgate partnered with Panamax Films in 2005 to make movies for the Latino market which only produced two films.[9] On April 13, 2005, Lionsgate spun off its Canadian distribution unit into a new distribution unit called Maple Pictures under the direction of two former Lionsgate executives, Brad Pelman and Laurie May.[10][11][12] On August 1, 2005, Lions Gate Entertainment acquired the entire library of Modern Entertainment, the U.S. film division of the Swedish television company Modern Times Group.[13][14] On October 17, 2005, Lionsgate acquired UK company Redbus Film Distribution for $35 million[15][16][17] and became Lionsgate UK on February 23, 2006.[18][19]
On March 15, 2006, Lionsgate sold Lions Gate Studios to Bosa Development Corporation.[20] On July 12, Lionsgate purchased Debmar-Mercury, an independent television distributor, which has continued operations as a Lionsgate subsidiary.[21] The company agreed in August to lease term with New Mexico State Land Office and the city of Rio Rancho for a new 52.8 acres studio near Rio Rancho's under construction city center and arena.[22]
On July 26, 2007, Lionsgate bought a partial stake in independent film distribution company Roadside Attractions.[23] Lionsgate started up Lionsgate Music by June 2007.[24] On September 10, 2007, Lionsgate bought Mandate Pictures for $56.3 million, $44.3 million in cash and $12 million in stock, and taking on $6.6 million of Mandate's debt. Mandate Chief Executive Joe Drake returned to the company as co-chief operating officer of its film unit.[25]
By July 2008, Lionsgate has not made any progress on building its new film studio in Rio Rancho or on setting up the corporation to run the studio per its agreement with New Mexico.[26] In November, Lionsgate Music established a joint venture with music publishing company Wind-up Records.[27]
Lionsgate cut back its slate of films per year by four in February 2009. In April, Relativity Media signed with Lionsgate for a 5 picture per year multi-year film distribution.[30] In August, Lionsgate signed with Redbox for a five-year same day release deal worth $158 million.[31] Lionsgate, along with MGM and Paramount Pictures/Viacom, was also a co-owner of Epix, a pay TV movie channel which debuted on October 30.[32][33]
2010s
On September 13, 2010, Lionsgate and Televisa formed a joint venture, Pantelion Films, to produce for the next five years eight to 10 films a year targeted for the U.S. Latin American market.[9]
Lionsgate announced on January 13, 2012, that it had acquired Summit Entertainment, producers and distributors of the Twilight Saga films, for $412.5 million.[35] The two companies have planned on merging since 2008.[36] On October 6, 2012, Lions Gate Entertainment announced that Brian Goldsmith became the co-COO of the company and joining co-COO Steve Beeks.[37] On November 18, 2012, Lionsgate announced it has passed over the $1 billion mark for the first time with the success of The Hunger Games and The Twilight Saga: Breaking Dawn – Part 2.[38]
On April 14, 2014, Comcast acquired the remaining stakes in Fearnet from Lionsgate and Sony Pictures Entertainment.[41] On April 21, 2014, Lionsgate announced that they will merge its movie marketing operations.[42] A few days later, on April 30, Lionsgate announced that the studios will expand into the gaming development.[43]
In 2015, Lionsgate took over the distribution functions for CBS Films, the film division of CBS Corporation.[44]
On February 11, 2015, John C. Malone swapped a 4.5% stake with 14.5% of the voting power in Starz Inc. for 3.4% of Lionsgate's shares while joining the company's board of directors.[45][46] Fourteen days later, Starz CEO Chris Albrecht hinted a possible merger with Lionsgate.[47]
On April 1, 2015, according to Deadline, Lionsgate announced it has created its new label, Lionsgate Premiere. This new label will handle up to 15 releases a year, targeting young audiences at theaters and digital outlets. The new label, part of the company's diversification effort, will incorporate Lionsgate and Summit Entertainment titles (including the Step Up film series and the Red film series) and then specialize in "innovative multiplatform and other release strategies" to reach "affinity audiences with branded content and targeted marketing." Marketing and Research SVP Jean McDowell will handle marketing, with distribution to be run by Adam Sorensen, who currently manages Western Sales.[48]
On November 10, 2015, Malone's two other companies, Liberty Global and Discovery, Inc. (now Warner Bros. Discovery), made a joint investment of $195–400 million in Lionsgate and acquired a 3.4% stake in the company.[49][50][51][52][53] Then on June 30, 2016, Lionsgate agreed to acquire Starz Inc. for $4.4 billion in cash and stock.[54] As of December 2016, it became the parent company of Starz Inc.[55]
On November 12, 2015, Lionsgate created a partnership with Armenian American television producer Craig Piligian when the studio acquired more than 50% of his Pilgrim Studios company worth $200 million. Piligian retained his position as CEO of the company while Pilgrim will continue to operate independently under Piligian.[56][57][58] The deal made Lionsgate a major unscripted player.[56]
On July 13, 2016, Lionsgate acquired a minority stake in British unscripted television production startup company Primal Media. It was launched by Matt Steiner and Adam Wood, who originally launched Gogglebox Entertainment that was acquired by Sony Pictures Television.[59]
AT&T also owns an approximately 2% stake in Lionsgate.[60]
On December 15, 2017, the weekly US financial newspaper Barron's revealed that Malone was selling nearly 108,000 class B shares in Lionsgate for $3.2 million, or $29.63 each, from December 4 to 13. Malone now owns directly and indirectly 6 million nonvoting class B shares, as well as beneficially about 6 million class A shares, which carry one vote each.[61]
In 2018, Lionsgate's newly launched digital content unit, Studio L, announced its first slate.[64] In October 2018, Agapy Kapouranis replaced Peter Iacono as president of international television and digital distribution.[65]
2018−2023: Acquisition targets
In January 2018, it was reported that Lionsgate was being subject to a bidding war for a possible acquisition, with Comcast and Sony Pictures having made offers.[66][67][68]
At the time, Lionsgate Vice Chairman Michael Burns stated in an interview with CNBC that Lionsgate was mostly interested in merging with CBS and Viacom.[68] Viacom and Lionsgate were both interested in acquiring The Weinstein Company.[62]
On February 27, 2018, a month after the bidding war announcement, Variety reported in a detailed article that toy manufacturing company Hasbro (which had collaborated with the company in the 2017 film My Little Pony: The Movie via its Allspark Pictures theatrical film financing unit which is in turn owned by its Allspark division) came close to also acquiring Lionsgate, but the deal fell through. Hasbro would later go on to acquire Entertainment One (eOne; another Canadian-founded business) on December 30, 2019.[69]
On October 3, 2019, Malone completed the sale of his stake in the studio.[70]
In April 2021, Lionsgate's Starz division filed an injunction in Brazil, Argentina and Mexico against The Walt Disney Company over the use of the Star+ brand in Latin America.[71] The two companies would reach a settlement in August that same year.[72]
2023–present: Entertainment One acquisition and split from studios
From January 2023, Lionsgate entered a movie distribution deal with Cineplex Pictures, a subsidiary of Toronto-based Cineplex Entertainment which will see the release of selected Lionsgate titles in Canada.[74]
In July 2023, Deadline reported that Lionsgate was a frontrunner to acquire Entertainment One from Hasbro.[75] In August 2023, Lionsgate announced it would acquire the motion picture and television assets of Entertainment One from Hasbro for $500 million. Included among the assets are the trademarks of Maple Pictures, which Lionsgate divested to Alliance Films in 2011. The studio is expected to also pay $375 million in cash and $125 million in production financing loans related to the purchase.[76] The acquisition was completed on December 27, 2023,[77] and eOne would later rebrand as "Lionsgate Canada" the following year; re-establishing Lionsgate's Canadian roots.[78]
In December 2023, Lionsgate revealed its plan to split its film and television assets with Starz following the completion of the company's acquisition of eOne. The company's Studios division will merge with Screaming Eagle Corp., a special-purpose acquisition company led by Eli Baker, to form a separate publicly traded company, Lionsgate Studios. The transaction sets a $4.6-billion value on Lionsgate Studios and the deal was closed on May 7, 2024. The company was launched on May 14, 2024 and it has been trading on Nasdaq via the stock symbol LION. Lionsgate will remain the controlling shareholder owning around 87% of Lionsgate Studios following the split.[79][80]
Divisions and units
Lionsgate Interactive Ventures and Games
Lionsgate Interactive Ventures and Games is the video game development division of Lionsgate.[81] It was founded in April 2014 and is headed by Nerdist Industries co-founder Peter Levin. This division is dedicated to producing and distributing multiplatform games based on Lionsgate franchises, and investing in digital businesses. One of these franchises was Blair Witch, with Lionsgate Games publishing a Blair Witch game in 2019.[82]
The distribution of selected recent non-in-house films for pay-per-view and on-demand are under the supervision of NBCUniversal Syndication Studios via Universal Pictures (Universal formerly held home video and television rights to many of the early Lionsgate films), while all others (particularly the in-house films) are distributed for both cable and broadcast television through Lionsgate's syndicated division.
Amazon MGM Studios, under MGM Television, are also distributed in international cable, digital and broadcast television through Lionsgate's syndicated division.
In addition to the "Sphere" family of channels ("MovieSphere by Lionsgate", "OuterSphere by Lionsgate", "HerSphere by Lionsgate"), Lionsgate also operates other streaming services and FAST channels through various partnerships. In a joint venture with Ebony Media Group, the company programs the "Ebony TV by Lionsgate" channel.
In 2015, Lionsgate formed a joint venture with Tribeca Enterprises to launch the "Tribeca Shortlist" streaming service and "Tribeca Channel" FAST channel.
Federal government of Lincoln's North U.S United States of America Union 1861–1865 Top: 1861–1863Bottom: 1863–1865 Coat of arms 'Motto: 'E pluribus unumOut of many, oneAnthem: Hail, Columbia (de facto)My Country, 'Tis of Thee (de facto)Map of the division of the states in the American Civil War (1861–1865). Northern and Western free states loyal to the United States Southern slave states which seceded and formed the Confederacy Southern sla...
Athletic teams of Stony Brook University Stony Brook SeawolvesUniversityStony Brook UniversityConferenceCAANCAADivision I (FCS)Athletic directorShawn HeilbronLocationStony Brook, New YorkVarsity teams18Football stadiumKenneth P. LaValle StadiumBasketball arenaIsland Federal Credit Union ArenaBaseball stadiumJoe Nathan FieldSoccer fieldKenneth P. LaValle StadiumOther venuesPritchard GymnasiumMascotWolfie the SeawolfNicknameSeawolvesFight songWe're the Red Hot Seawolves...ColorsRed, blue,...
الدائرة الحادية عشر في باريس الدوائر البلدية في فرنسا شعار موقع الدائرة الحادية عشر في باريس الإحداثيات 48°51′31″N 2°22′46″E / 48.858677777778°N 2.3793055555556°E / 48.858677777778; 2.3793055555556 [1] تاريخ التأسيس 1860 تقسيم إداري البلد فرنسا مناطق فرنسا إيل دو فرانس ...
Basilika Bapa Ilahi Yang KekalPortugis: Basílica do Divino Pai EternoBasilika Bapa Ilahi Yang KekalLokasiTrindadeNegara BrasilDenominasiGereja Katolik RomaArsitekturStatusBasilika minorStatus fungsionalAktif Basilika Bapa Yang Kekal[1] (Portugis: Basílica do Divino Pai Eterno)[2] disebut juga Basilika Bapa Kekal Ilahi adalah sebuah gereja basilika minor dan tempat suci Katolik yang terletak di kota Trindade[3] di negara bagian Goiás, di Brasil,[4 ...
Archaeological site in Turkey SillyonCity gates at SillyonShown within TurkeyLocationAntalya Province, TurkeyRegionPamphyliaCoordinates36°59′33″N 30°59′23″E / 36.99250°N 30.98972°E / 36.99250; 30.98972TypeSettlementSite notesConditionIn ruins Sillyon (Greek: Σύλλιον), Stephanus of Byzantium called it Σύλειον, Σύλαιον, Σύλλον and Σίλονον[1] in Byzantine times Syllaeum or Syllaion (Συλλαῖον), was an important...
Artikel ini membutuhkan rujukan tambahan agar kualitasnya dapat dipastikan. Mohon bantu kami mengembangkan artikel ini dengan cara menambahkan rujukan ke sumber tepercaya. Pernyataan tak bersumber bisa saja dipertentangkan dan dihapus.Cari sumber: Pekerjaan umum – berita · surat kabar · buku · cendekiawan · JSTOR (Juni 2017) Sebuah poster yang dibuat oleh Pemerintah Amerika Serikat pada tahun 1940 untuk merangkum pencapaian Works Progress Administratio...
Keuskupan Agung MedanArchidioecesis MedanensisKatolik Gereja Katedral MedanLambang Keuskupan Agung MedanLokasiNegaraIndonesiaWilayahAceh (kecuali Kota Subulussalam dan Kabupaten Aceh Singkil) Sumatera Utara bagian utara Kota Binjai Kota Medan Kota Pematangsiantar Kota Tanjungbalai Kota Tebing Tinggi Kabupaten Asahan Kabupaten Batu Bara Kabupaten Dairi Kabupaten Deli Serdang Kabupaten Humbang Hasundutan Kabupaten Labuhanbatu Kabupaten Labuhanbatu Utara Kabupaten Labuhanbatu Selatan Kabupa...
ColonelJan KubišLahir(1913-06-24)24 Juni 1913Dolní Vilémovice, Austria-Hungaria(sekarang Republik Ceko)Meninggal18 Juni 1942(1942-06-18) (umur 28)Praha, Wilayah Pendudukan CekoslowakiaDikebumikanPemakaman ĎáblicePengabdian Cekoslowakia Prancis InggrisDinas/cabangAngkatan Darat CekoslowakiaLegiun Luar Negeri PrancisPemerintahan pengasingan CekoLama dinas1935–19381939–19401940–1942PangkatRotmistr (Sersan Staf) Pangkat anumerta Kolonel pada 2002KesatuanEksekut...
烏克蘭總理Прем'єр-міністр України烏克蘭國徽現任杰尼斯·什米加尔自2020年3月4日任命者烏克蘭總統任期總統任命首任維托爾德·福金设立1991年11月后继职位無网站www.kmu.gov.ua/control/en/(英文) 乌克兰 乌克兰政府与政治系列条目 宪法 政府 总统 弗拉基米尔·泽连斯基 總統辦公室 国家安全与国防事务委员会 总统代表(英语:Representatives of the President of Ukraine) 总...
Darnell Furlong Darnell Furlong bermain untuk QPR, 2017Informasi pribadiNama lengkap Darnell Anthony FurlongTanggal lahir 31 Oktober 1995 (umur 28)Tempat lahir Luton, InggrisPosisi bermain BekInformasi klubKlub saat ini Queens Park RangersNomor 38Karier junior0000–2014 Queens Park RangersKarier senior*Tahun Tim Tampil (Gol)2014– Queens Park Rangers 1 (0) * Penampilan dan gol di klub senior hanya dihitung dari liga domestik dan akurat per 15:18, 21 Februari 2015 (UTC) Darnell An...
Type of data transfer This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.Find sources: Serial communication – news · newspapers · books · scholar · JSTOR (August 2019) (Learn how and when to remove this message) Serial and parallel data transmission of 010010112. Standard bit sequence is least-significant-bit-first (D0 to D7...
1881 Novel by Henry James This article is about the Henry James novel. For other uses, see The Portrait of a Lady (disambiguation). The Portrait of a Lady First edition (US)AuthorHenry JamesLanguageEnglishPublisherHoughton, Mifflin and Company, BostonMacmillan and Co., LondonPublication date29 October 1881 (Houghton)16 November 1881 (Macmillan)Publication placeUnited KingdomUnited StatesMedia typePrint (hardback and paperback)PagesHoughton: 520Macmillan: volume one, 266; volume two, 253;...
Month in Hindu calendar For other uses, see Vaisakha (disambiguation). This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.Find sources: Vaisakha – news · newspapers · books · scholar · JSTOR (November 2013) (Learn how and when to remove this message) VaisakhaPohela Boishakh celebration in DhakaNative nameवैशाख ...
1925 film Dr. Pyckle and Mr. PrydeLobby cardDirected byScott PembrokeJoe RockWritten byTay GarnettProduced byJoe RockStarringStan LaurelCinematographyEdgar LyonsProductioncompanyStandard Photoplay CompanyDistributed bySelznick Distributing Corp.Release date July 30, 1925 (1925-07-30) Running time21 minutesCountryUnited StatesLanguageSilent (English intertitles) Dr. Pyckle and Mr. Pryde (or Dr. Pyckle and Mr. Pride) is a 1925 American silent, black-and-white comedy horror film, ...
Pour les articles homonymes, voir Barnier. Ne doit pas être confondu avec l'actrice Michèle Bernier. Michel Barnier Michel Barnier en 2019. Fonctions Premier ministre français[a] En fonction depuis le 5 septembre 2024(28 jours) Président Emmanuel Macron Gouvernement Barnier Législature XVIIe (Cinquième République) Coalition EPR (RE - MoDem - HOR - PRV - UDI) – LR Prédécesseur Gabriel Attal Négociateur en chef de l'Union européenne chargé de la préparation des relations fu...
UFC 158: St-Pierre vs. DiazProdotto daUltimate Fighting Championship Data16 marzo 2013 Città Montréal, Canada SedeCentre Bell Spettatori20.145 Cronologia pay-per-viewUFC on Fuel TV: Silva vs. StannUFC 158: St-Pierre vs. DiazUFC on Fuel TV: Mousasi vs. Latifi Progetto Wrestling Manuale UFC 158: St-Pierre vs. Diaz è stato un evento di arti marziali miste organizzato dalla Ultimate Fighting Championship che si è tenuto il 16 marzo 2013 al Centre Bell di Montréal, Canada. Indice 1 Retroscena...