Content deleted Content added
TheWikiMan95 (talk | contribs) Tags: Mobile edit Mobile web edit Advanced mobile edit |
No edit summary |
||
| (23 intermediate revisions by 11 users not shown) | |||
Line 4:
{{Infobox company
| name = Lions Gate Entertainment Corp.
| logo = [[File:Lionsgate Logo.svg|frameless|class=skin-invert]]
| trade_name = Lionsgate
| type = [[Public company|Public]]
Line 14:
| industry = [[Entertainment industry|Entertainment]]
| predecessors = {{ubl|[[Trimark Pictures]]|[[Family Home Entertainment|FHE Pictures]]|[[Artisan Entertainment]]|[[Koch Entertainment]]|Contender Entertainment Group|Medusa Communications & Marketing|[[Alliance Atlantis]] (content catalogue library assets)}}
| founded = {{Start date and age|1997|07|10}} in [[Vancouver]], [[British Columbia]], [[Canada]]
| founder = [[Frank Giustra]]
| successor = [[Lionsgate Studios]] (film and TV businesses)
|
| hq_location_country =
| area_served = Worldwide
Line 39:
| subsid = {{ubl|[[Starz Inc.]]|[[Lionsgate Studios]] (87.2%)}}
| website = {{URL|https://www.lionsgate.com/|lionsgate.com}}
| footnotes = Financials {{as of|pre=fiscal year ended|2024|03|31|df=US|lc=y}}.<br/>References:<ref name="auto">{{cite web|last=Agency|first=RED Interactive|title=Corporate|url=
}}
Line 48:
==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]].<ref name="Investments">{{cite web|url=http://www.getfilings.com/sec-filings/100729/LIONS-GATE-ENTERTAINMENT-CORP-CN-_10-K.A/|title=Lions Gate Entertainment Corporation – United States Securities Commission Filing|publisher=United States Securities and Exchange Commission|access-date=July 11, 2014|archive-date=July 14, 2014|archive-url=https://web.archive.org/web/20140714215025/http://www.getfilings.com/sec-filings/100729/LIONS-GATE-ENTERTAINMENT-CORP-CN-_10-K.A/|url-status=live}}</ref> 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.<ref name="Lionsgate Investors">"Lionsgate" [
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 [[John Dunning (film producer)|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.
Line 62:
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 Pictures|Trimark Holdings, Inc.]] for approximately $50 million in stock and cash including taking on $36 million in debt.<ref name="History"/>
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.<ref>{{cite news|author=Waxman, Sharon|work=[[The New York Times]]|date=December 16, 2003|url=https://www.nytimes.com/2003/12/16/movies/with-acquisition-lions-gate-is-now-largest-indie.html|title=With Acquisition, Lions Gate Is Now Largest Indie|access-date=July 20, 2013|archive-date=July 1, 2017|archive-url=https://web.archive.org/web/20170701035426/http://www.nytimes.com/2003/12/16/movies/with-acquisition-lions-gate-is-now-largest-indie.html|url-status=live}}</ref> Following the acquisition, Lionsgate relocated from [[Marina del Rey, California|Marina del Rey]] to Artisan's headquarters in Santa Monica. In 2004, Erik Nelson reacquired Termite Art and renamed it to Creative Differences.<ref>{{cite web|title=2008 Panelist Bios: Dave Harding|url=
Lionsgate partnered with Panamax Films in 2005 to make movies for the Latino market which only produced two films.<ref name=lat>{{cite news|title=Lions Gate forms Latino film venture with Televisa|url=https://
On March 15, 2006, Lionsgate sold Lions Gate Studios to Bosa Development Corporation.<ref>{{cite web|title=Lionsgate and Bosa Development Corporation Announce Sale of Lionsgate's Vancouver, BC, Studio Facilities to Bosa for $41.6 Million CDN ($36.1 Million U.S.)|url=https://www.prnewswire.com/news-releases/lionsgate-and-bosa-development-corporation-announce-sale-of-lionsgates-vancouver-bc-studio-facilities-to-bosa-for-416-million-cdn-361-million-us-55109962.html|work=Public release|publisher=Lionsgate|access-date=March 5, 2013|archive-date=June 24, 2013|archive-url=https://web.archive.org/web/20130624173257/http://www.prnewswire.com/news-releases/lionsgate-and-bosa-development-corporation-announce-sale-of-lionsgates-vancouver-bc-studio-facilities-to-bosa-for-416-million-cdn-361-million-us-55109962.html|url-status=live}}</ref> On July 12, Lionsgate purchased [[Debmar-Mercury]], an independent television distributor, which has continued operations as a Lionsgate subsidiary.<ref>{{cite news|title=Lionsgate buys TV distributor Debmar-Mercury|url=https://www.ibtimes.com/lionsgate-buys-tv-distributor-debmar-mercury-194937|access-date=March 3, 2013|newspaper=International Business Times|date=July 12, 2006|archive-date=May 17, 2013|archive-url=https://web.archive.org/web/20130517043437/http://www.ibtimes.com/lionsgate-buys-tv-distributor-debmar-mercury-194937|url-status=live}}</ref> 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.<ref>{{cite news|title=Rio Rancho, state agree on home for Lionsgate studio|url=https://www.bizjournals.com/albuquerque/stories/2006/08/14/daily3.html|access-date=March 5, 2013|newspaper=Albuquerque Business First|date=August 14, 2006|archive-date=August 1, 2013|archive-url=https://web.archive.org/web/20130801080021/http://www.bizjournals.com/albuquerque/stories/2006/08/14/daily3.html|url-status=live}}</ref>
Line 74:
In January 2009, Lionsgate purchased [[Pop (American TV channel)|TV Guide Network]] and [[TVGuide.com]] from [[Rovi]] for $255 million cash.<ref>{{cite news|last=Eller|first=Claudia|title=Lionsgate to acquire TV Guide Network and TVGuide.com|url=https://www.latimes.com/archives/la-xpm-2009-jan-06-fi-tvguide6-story.html|access-date=March 3, 2013|newspaper=Los Angeles Times|date=January 6, 2009|archive-date=June 15, 2020|archive-url=https://web.archive.org/web/20200615103357/https://www.latimes.com/archives/la-xpm-2009-jan-06-fi-tvguide6-story.html|url-status=live}}</ref> In May 2009, Lionsgate sold a 49% stake in [[TV Guide Network]] and website to [[One Equity Partners]] under pressure from shareholder [[Carl Icahn]].<ref>{{cite news|last=Eller|first=Claudia|title=Lions Gate sells a 49% stake in TV Guide cable channel and website|url=https://www.latimes.com/archives/la-xpm-2009-may-29-fi-ct-tvguide29-story.html|access-date=March 3, 2013|newspaper=Los Angeles Times|date=May 29, 2009|archive-date=March 22, 2021|archive-url=https://web.archive.org/web/20210322040625/https://www.latimes.com/archives/la-xpm-2009-may-29-fi-ct-tvguide29-story.html|url-status=live}}</ref>
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.<ref>{{cite news|title=Lions Gate, Relativity ink distribution deal|url=https://www.seattletimes.com/html/businesstechnology/2009133293_apuslionsgate.html|access-date=March 4, 2013|newspaper=Seattle Times|date=April 27, 2009|archive-date=March 22, 2021|archive-url=https://web.archive.org/web/20210322040621/https://www.seattletimes.com/|url-status=live}}</ref> In August, Lionsgate signed with [[Redbox]] for a five-year same day release deal worth $158 million.<ref>{{cite news|last=Fritz|first=Ben|title=Lions Gate cuts a deal with Redbox on DVD rentals|url=https://www.latimes.com/archives/la-xpm-2009-aug-12-fi-ct-lionsgate12-story.html|access-date=March 4, 2013|newspaper=LA Times|date=August 12, 2009|archive-date=March 22, 2021|archive-url=https://web.archive.org/web/20210322040627/https://www.latimes.com/archives/la-xpm-2009-aug-12-fi-ct-lionsgate12-story.html|url-status=live}}</ref> Lionsgate, along with [[MGM]] and [[Paramount Pictures]]/[[Viacom (
===2010s===
Line 85:
On December 23, 2013, Lionsgate announced they have crossed over $1 billion domestically and internationally for the second year in a row with the success of ''[[The Hunger Games: Catching Fire]]'', ''[[Now You See Me (film)|Now You See Me]]'', ''[[Instructions Not Included]]'', and ''[[Kevin Hart: Let Me Explain]]''.<ref>ANITA BUSCH "Deadline" [https://www.deadline.com/2013/12/catching-fire-now-you-see-me-drives-lionsgate-to-become-billion-dollar-baby-here-and-abroad-company-box-office-take-to-date-2-2-5-billion-worldwide/ 'Catching Fire,' 'Now You See Me' Drive Lionsgate To Become Billion Dollar Baby 2nd Year Running; Company Box Office Take To Date: $2.25 Billion Worldwide] {{Webarchive|url=https://web.archive.org/web/20140223174914/http://www.deadline.com/2013/12/catching-fire-now-you-see-me-drives-lionsgate-to-become-billion-dollar-baby-here-and-abroad-company-box-office-take-to-date-2-2-5-billion-worldwide/ |date=February 23, 2014 }} deadline.com, Retrieved on December 23, 2013</ref><ref>"ComingSoon.net" [https://www.comingsoon.net/news/movienews.php?id=112825 Lionsgate crosses a Billion Dollars Both Domestically and Internationally] {{Webarchive|url=https://web.archive.org/web/20131228114608/http://www.comingsoon.net/news/movienews.php?id=112825 |date=December 28, 2013 }} comingsoon.net, Retrieved on December 23, 2013</ref>
On April 14, 2014, [[Comcast]] acquired the remaining stakes in [[Fearnet]] from Lionsgate and [[Sony Pictures Entertainment]].<ref name=closure>{{cite web|url=https://
In 2015, Lionsgate took over the distribution functions for [[CBS Films]], the film division of [[CBS Corporation]].<ref>{{cite news|title=Lionsgate Takes Over CBS Films' Distribution & Global Sales|url=https://deadline.com/2014/11/cbs-films-lionsgate-distribution-sales-partnership-1201283340/|access-date=November 13, 2014|website=Deadline Hollywood|publisher=Penske Business Media|date=November 13, 2014|archive-date=November 16, 2014|archive-url=https://web.archive.org/web/20141116022033/http://deadline.com/2014/11/cbs-films-lionsgate-distribution-sales-partnership-1201283340/|url-status=live}}</ref>
Line 108:
====2018−2023: Acquisition targets====
In January 2018, it was reported that Lionsgate was being subject to a [[bidding war]] for a possible acquisition, with [[
At the time, Lionsgate Vice Chairman [[Michael R. Burns|Michael Burns]] stated in an interview with [[CNBC]] that Lionsgate was mostly interested in merging with CBS and Viacom.<ref name="fiercecable.com"/> Viacom and Lionsgate were both interested in acquiring [[The Weinstein Company]].<ref name="thewrap.com"/>
Line 127:
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 percent of Lionsgate Studios following the split until the end of the year.<ref>{{cite news|title=Lionsgate Studios to Become a New Public Company, Splitting with Starz in SPAC Deal|url=https://deadline.com/2023/12/lionsgate-studios-split-starz-spac-deal-standlaone-content-company-1235680683/|last=Goldsmith|first=Jill|website=Deadline|date=December 22, 2023|access-date=January 16, 2024}}</ref><ref>{{cite news|title=Lionsgate to Spin Off Studio and 20,000-Title Library From Starz in $4.6B Deal|url=https://www.hollywoodreporter.com/business/business-news/lionsgate-spins-studio-spac-merger-1235768432/|last=Vlessing|first=Etan|website=The Hollywood Reporter|date=December 22, 2023|access-date=January 20, 2024}}</ref>
==
===Lionsgate Interactive Ventures and Games===
Lionsgate Interactive Ventures and Games is the [[video game]] development division of Lionsgate.<ref>{{cite web|url=https://variety.com/2014/digital/news/lionsgate-taps-nerdists-peter-levin-to-head-interactive-ventures-games-1201167600/|title=Lionsgate Taps Nerdist's Peter Levin to Head Interactive Ventures, Games|author=<!--Staff writer(s); no by-line.-->|website=[[Variety (magazine)|Variety]]|date=April 30, 2014|access-date=November 1, 2015|archive-date=November 12, 2015|archive-url=https://web.archive.org/web/20151112211110/http://variety.com/2014/digital/news/lionsgate-taps-nerdists-peter-levin-to-head-interactive-ventures-games-1201167600/|url-status=live}}</ref> 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 (video game)|Blair Witch]]'' game in 2019.<ref>{{cite web |url=https://venturebeat.com/2019/08/20/blair-witch-interview-how-lionsgate-and-bloober-created-a-game-after-2-decades/ |title=Blair Witch interview — How Lionsgate and Bloober created a game after 2 decades |last=Takahashi |first=Dean |date=20 August 2019 |website=Venture Beat |publisher= |access-date=10 April 2021 |quote= |archive-date=April 11, 2021 |archive-url=https://web.archive.org/web/20210411001648/https://venturebeat.com/2019/08/20/blair-witch-interview-how-lionsgate-and-bloober-created-a-game-after-2-decades/ |url-status=live }}</ref>
Line 136 ⟶ 135:
===Celestial Tiger Entertainment===
In 2008,
===Distribution===
Line 162 ⟶ 161:
* [[Starz Inc.]]
** [[Starz]] ([[Pay television|Premium cable channels]] and [[streaming service]])
*** Lionsgate Play
*** Starzplay Arabia
** [[Starz Encore]]
** [[MoviePlex]]
Line 196 ⟶ 197:
===Former assets===
Several assets were spun-off in 2024 to form [[Lionsgate Studios]], of which Lionsgate remains as its majority shareholder.
====
* [[Lionsgate Films]]
** [[Lionsgate Premiere]]<ref name="Deadline" />
Line 223 ⟶ 224:
* Globalgate Entertainment (joint venture with [[Televisa|Televisa Cine]] (Mexico), [[Tobis Film]] (Germany), [[Nordisk Film]] (Denmark), TME Films (Turkey), [[TF1|TF1 Studio]] (France), [[Lotte Entertainment]] (South Korea), Belga Films (Belgium), [[Kadokawa Daiei Studio|PKDN Films]] (Japan), [[Paris Filmes]] (Brazil), [[Viva Films]] (Philippines), Falcon Pictures (Indonesia),<ref>{{Cite web |last=McNary |first=Dave |date=2020-02-11 |title=Lionsgate's Globalgate Consortium Adds Indonesia's Falcon Pictures |url=https://variety.com/2020/film/news/lionsgate-globalgate-consortium-indonesia-falcon-pictures-1203500387/ |url-status=live |archive-url=https://web.archive.org/web/20200224151646/https://variety.com/2020/film/news/lionsgate-globalgate-consortium-indonesia-falcon-pictures-1203500387/ |archive-date=February 24, 2020 |access-date=2020-02-24 |website=Variety |language=en}}</ref> Cine Colombia (Colombia) and [[Rai Cinema]] (Italy))<ref>{{cite web |title=Partners - Globalgate Entertainment |url=https://www.globalgate.world/partners/ |url-status=live |archive-url=https://web.archive.org/web/20210322041400/https://www.globalgate.world/partners/ |archive-date=March 22, 2021 |access-date=June 15, 2020 |website=Globalgate Entertainment}}</ref>
====
* [[Lionsgate Television]]
** [[Debmar-Mercury]]
Line 240 ⟶ 241:
** Whizz Kid Entertainment
====
* [[Alliance Films]]
** [[Maple Pictures]]
Line 335 ⟶ 336:
==Corporate governance==
Board of Directors as of July 2021:<ref>{{cite web |url=
Chairman of the Board of Directors
Line 353 ⟶ 354:
==See also==
* [[Lists of Lionsgate films]]
* [[List of assets owned by Lionsgate]]
==References==
Line 361 ⟶ 363:
* {{Official website}}
* [https://www.lionsgatefilms.co.uk/ Official UK website]
* {{Finance links
| symbol = LGF
| |||