Lionsgate Entertainment

Posted on March 15, 2014 by Alexandra Koskoris

By Ali Koskoris

Lionsgate Entertainment

Photo Courtesy of destructoid.com[i]

Contact Information:[ii]

2700 Colorado Avenue, Suite 200, Santa Monica,CA 90404

1-310-449-9200

www.lionsgate.com

About Lionsgate Entertainment:

Founded in 1997 in Canada [iii], Lionsgate Films is an independent international entertainment company and segment of the Lionsgate Entertainment Corporation. It produces and distributes motion pictures, television programming and syndication, animation, and digital media. [iv] In 2003 the company merged with Artisan Entertainment and in 2012 it purchased Summit Entertainment for approximately $413 million. [v]

Lionsgate has gained momentum by creating blockbuster film franchises based on books, including Twilight, The Hunger Games, and Divergent. [vi] With a focus on cost discipline, Lionsgate releases approximately fifteen feature films and six to eight specialty films a year through its sister company, Roadside Attractions. The company television section also has close to thirty television series distributed through multiple mediums, including Mad Men and Orange is the New Black, and holds contracts with Hulu, Netflix, and Amazon. [vii]

Key Executives:

Photos and info Courtesy of: http://www.lionsgate.com [viii]

Financials:

In 2013 Lionsgate Entertainment earned $2.7 billion dollars – a 70.58% growth from 2012- and had a gross income of $1.3 billion dollars- a 95.22% gross income increase from 2012. [ix] Thus far in 2014 (through April 13), Lionsgate has grossed approximately $232 million domestically, led by recent release, Divergent and followed by The Hunger Games: Catching Fire, which is no longer in theatres. [x] The company stays small, with just 636 employees worldwide. [xi]

What’s Happening Now?

In 2014, Lionsgate Entertainment released eight films, and five are still in theatres. Divergent, The Hunger Games: Catching Fire, and I, Frankenstein lead 2014 in gross so far respectively (with the latter two out of theatres). [xii]

Divergent
The third of Lionsgate’s novel-to-film franchises, Divergent tells the story of a young woman who finds out she does not fit into the confined factions of her world and is “Divergent.” She must find out the truth about what it means to be Divergent when she uncovers a plot to destroy her faction. The film, directed by Neil Burger, is based on the Veronica Roth novel and features rising star Shailene Woodley. [xiii]

Photo Courtesy of http://themoviemash.com/ [xvi]

Photo Courtesy of themoviemash.com [xiv]

In its opening weekend (21-23 March 2014), Divergent topped the box office charts, grossing approximately $54.6 million domestically to its $85 million budget. Currently in its fourth week in theatres, the film has grossed $178.4 million worldwide. [xv] Like Harry Potter and the Twilight Saga, Lionsgate announced on 15 April 2014 that Allegiant, the third and final book of the series, will be split into two films. Part one will be released on 18 March 2016 and Part 2 will be released on 24 March, 2017. [xvi]

Draft Day
Draft Day tells the story of an NFL general manager who works to rebuild his team by trading for the number one pick. The film is directed by Ivan Reitman and it stars American sportscaster Chris Berman and actress Jennifer Garner. [xvii]

Photo Courtesy of IMDb

During its opening weekend (11-13 April 2014), the film ranked number four in domestic weekend gross, making about $9.7 million. As of 18 April 2014, it has grossed $15.8 million domestically. [xviii]

Tyler Perry’s The Single Moms Club
Tyler Perry’s The Single Moms Club is about a group of five single moms who overcome problems through their support group. Written and directed by Tyler Perry, the film stars Nia Long and Wendi McLendon-Covey. [xix]

Photo Courtesy of IMDb

For its opening weekend, the film ranked number five in domestic gross with $8 million. In week five (as of 17 April 2014), the film has grossed $15.8 million domestically. [xx]

Photo Courtesy of IMDb [xxv]

Joe In addition to these three films, Lionsgate is boasting Joe, a film distributed by Roadside Attractions. The film, starring Nicolas Cage and directed by David Gordon Green, tells the story of an ex-con who befriends a teenaged boy. [xxi] The film is different from Lionsgate’s other recent films because it was released On Demand on the same day it was released in theatres (11 April 2014). [xxii] The film was released in just 48 theatres domestically and, as of 20 April 2014, has grossed about $330 thousand at the domestic box office. [xxiii] The film has received positive reviews, with an 84% rating from Rotten Tomatoes and a 79% rating from audiences. [xxiv]

In Other News:

Photo Courtesy of rocketjump.com [xxvii]

On 14 April 2014, Lionsgate announced that it has created a multi-year partnership with video creator RocketJump Studios, which gained fame through its web series Video Game High School. RocketJump has 6.8 million subscribers and shows its content through multiple platforms. The partnership gives Lionsgate access to RocketJump’s digital content and gives RocketJump access to Lionsgate’s international marketing resources. [xxvi]

Photo Courtesy of Yahoo! [xxix]

On 20 March 2014 Lionsgate extended its contract with producer Grindstone Entertainment Group through a multi-year agreement. The team has been successful in the past with films like Empire State and Frozen Ground. Lionsgate Co-COO Steve Beeks said that Lionsgate is excited about the extension. [xxviii]

What’s to Come:

Lionsgate will release its newest film, The Quiet Ones, on 25 April 2014. The film, based on a true story, directed by John Pogue, and starring Jared Harris and Sam Claflin, tells the story of a professor and a group of students who uncover terrible secrets when they experiment on a young girl.[xxx]

Photo Courtesy of IMDb [xxxi]

Reviews from critics on Rotten Tomatoes seem to be mixed, so it should be interesting to see how the film does in theatres. [xxxii]

Photo Courtesy of IMDb [xxxiv]

On 25 July 2014, Lionsgate will release Step Up: All In, the fifth installment of the Step Up series. The film tells of a dancer and his dance crew who work to win an LA dance competition. The film is directed by Trish Sie and stars Ryan Guzman and Briana Evigan. Multiple stars from the previous films are featured as well. There are not yet any reviews for the film. [xxxiii]

Photo Courtesy of IMDb [xxxvi]

Lionsgate will also be releasing The Expendables 3 on 15 August 2014. Directed by Patrick Hughes and starring Sylvester Stallone and Jason Statham, the third film in the series tells of the conflict between The Expendables and the founder’s new, younger group of Expendables. The film also has not received any reviews. [xxxv]

Photo Courtesy of itk.ua [xxxix]

In addition to releasing three new films, Lionsgate will be recognized as the Company of Distinction for 2014 at the Banff World Media Festival (8-11 June 2014). [xxxvii] Lionsgate will be receiving this award because of its success, its diverse programming, and its “visionary approach to the global television business.” [xxxviii]

[i] Lionsgate Logo From 26 July 2009. Retrieved 18 April 2014.

[ii] Lionsgate Contact Retrieved 18 April 2014.

[iii] Founded From 24 Jan 2014. Retrieved 18 April 2014.

[iv] What Liongate does Updated 17 April 2014. Retrieved 18 April 2014.

[v] Merging with Artisan and Summit From 24 Jan 2014. Retrieved 18 April 2014.

[vi] Blockbuster Film Franchises Retrieved 18 April 2014.

[vii] Distribution Retrieved 18 April 2014.

[viiii] Key Executives Retrieved 18 April 2014.

[ix] 2013 Gross Income Retrieved 18 April 2014.

[x] 2014 Income Until April 13. Retrieved 18 April 2014.

[xi] Employees Retrieved 18 April 2014.

[xii] 2014 Films Retrieved 18 April 2014.

[xiii] Divergent Synopsis Retrieved 18 April 2014.

[xiv] Divergent Poster Retrieved 18 April 2014.

[xv] Divergent Financials As of 17 April 2014. Retrieved 18 April 2014.

[xvi] Divergent’s Future From 15 April 2014. Retrieved 18 April 2014.

[xvii] Draft Day Synopsis Retrieved 18 April 2014.

[xviii] Draft Day Opening Week As of 17 April 2014. Retrieved 18 April 2014.

[xix] Tyler Perry’s the Single Moms Club Synopsis Retrieved 18 April 2014.

[xx] Tyler Perry Financials As of 17 April 2014. Retrieved 18 April 2014.

[xxi] Joe Synopsis Retrieved 20 April 2014.

[xxii] Joe On Demand Retrieved 20 April 2014.

[xxiii] Joe Financials As of 20 April 2014. Retrieved 20 April 2014.

[xxiv] Joe Ratings As of 20 April 2014. Retrieved 20 April 2014.

[xxv] Joe Poster Retrieved 20 April 2014.

[xxvi] RocketJump Studios From 14 April 2014. Retrieved 18 April 2014.

[xxvii] RocketJump Logo Retrieved 18 April 2014.

[xxviii] Grindstone Extension 20 March 2014. Retrieved 18 April 2014.

[xxix] Grindstone Logo Retrieved 18 April 2014.

[xxx] The Quiet Ones Synopsis Retrieved 19 April 2014.

[xxxi] The Quiet Ones Poster Retrieved 19 April 2014.

[xxxii] The Quiet Ones Reviews As of 19 April 2014. Retrieved 19 April 2014.

[xxxiii] Step Up: All In Synopsis Retrieved 19 April 2014.

[xxxiv] Step Up: All In Poster Retrieved 19 April 2014.

[xxxv] The Expendables 3 Synopsis Retrieved 19 April 2014.

[xxxvi] The Expendables Poster Retrieved 19 April 2014.

[xxxvii] “Company of Distinction for 2014” From 27 March 2014. Retrieved 19 April 2014.

[xxxviii] Why Receiving Award Retrieved 19 April 2014.

[xxxix] Banff Logo Retrieved 19 April 2014.

Lionsgate Entertainment

Posted on April 8, 2013 by Robert Lezama

by Robbie Lezama

2700 Colorado Ave., Ste. 200

Santa Monica, CA 90404

Telephone (310) 449-9200
Facsimile (310) 255-3870

http://www.lionsgate.com/

Brief Overview:

One of the Liongate’s most profitable subsidiaries, Lionsgate Films continues to compete in the film industry as a “mini-major” studio, producing hits like The Hunger Games and distributing the infectious Twilight series. While Lionsgate Entertainment also focuses on the production and distribution of television, family/home entertainment, on demand and digital content, we know Lionsgate mainly for the films. Noteabley, Lionsgate Films also owns Summit Entertainment, which produced Twilight, and 43% of the production studio Roadside Attractions.

Twilight and The Hunger Games

When people in the film industry think of Lionsgate, they think of The Hunger Games and the Twilight Series. The Hunger games grossed about $68.3 million after it came to theaters on March 23, 2012. Subsequently, its first weekend barreled through and came out with $152.5 million. This became Lion gate’s highest grossing film in just one weekend. The Twilight series has become attracted a global fan base and continues to sell both in and out of theaters. The last installation of the series was released in theaters November 12, 2012. Lions Gate’s timely acquisition of Summit Entertainment aided in the studio’s continual success.

Executives

Jon Feltheimer

CEO Lions Gate Entertainment:

Jon is the Chief Executive Officer of Lions Gate Entertainment and has held that position since 2000. Feltheimer’s has led Lionsgate to grow into the leading American independent filmed entertainment studio.Before joining Lionsgate, Mr. Feltheimer spent nine years at Sony Pictures Entertainment, where he served as head of the Columbia TriStar Television Group and head of Sony Entertainment Television.

Patrick Wachsberger

CO-Chairman Lions Gate Films

Patrick Wachsberger is the President and CEO of Summit Entertainment and also serves as a Co-Chairman for Lionsgate Films. Prior to running Summit Entertainment, Wachsberger served as President and CEO of Odyssey Entertainment and Odyssey Distributors, Ltd. Prior to heading Odyssey, Wachsberger was President of J & M Entertainment, one of the industry’s leading foreign sales companies. He served there for 11 years.

Rob Friedman

CO-Chairman Lions Gate Films:

As Co-Chairman of Lionsgate Films, Rob oversees all aspects of Lionsgate’s domestic and international feature film acquisition, production and distribution as well as the home entertainment releases of theatrical feature films.

Financials:

Lionsgate Entertainment:

Financial Highlights
Fiscal Year End:	March
Revenue (2012):	1587.60 M
Revenue Growth (1 yr):	0.30%
Employees (2012):	607
Employee Growth (1 yr):	24.90%

Films like Twilight and Expendables 2, helped the film studio to a $37.8 million in profit for the third quarter. Liongate’s total film revenue was $673.5 millon. This is due to the increased revenue streams of the studio’s home entertainment and theatrical divisions. The studio, “brought Twilight franchise in-house when it bought Summit at the beginning of 2012.” Even after the transaction of $412.5, Lionsgate still made more than $52 million in the quarter.

Current News:

CBS And Lionsgate Enter 50/50 Partnership On Highly Distributed Entertainment Cable Network

On March 26, 2013 CBS and Lionsgate entered a 50/50 partnership for the cable network TVNG and TVGuide.com. Originally, Lionsgate had purchased TV Guide for $255 million in 2009 and sold JP Morgans, One Equity, a %49 share towards the end of that year. In this deal CBS bought their share for $100 millon from One Equity. In the end, this partnership will allow “CBS’s programming, production and marketing assets with Lionsgate’s resources in motion pictures, television and digitally delivered content.”

DVD and Blu-ray Sales for the Fifth Film in The Franchise Increase From Breaking Dawn – Part 1’s Opening Weekend

The Twilight Saga: Breaking Dawn Part 2, which came out in stores March 2, had record breaking numbers. Overall the film has grossed $829 million at the box office. The fact that this is the fifth film in the franchise and is the highest grossing, goes to show how powerful the fan following really is. By purchasing Summit Entertainment on Janurary 13, 2012, Lionsgate was able to bank on this last Twilight film which continues to thrive. Blu-ray sales accounted for a about 27% of first weekend sales. This is 22% up of the first weekend sales of Breaking Dawn Part 1.

Whats Next for Lionsgate films?

Temptation

Lionsgate’s most recent release is the film Temptation: Confessions of a Marriage Counselor starring, Jurnee Smollett-Bell, Vanessa Williams and Brandy Norwood.The film follows a married woman and her temptation for a charming billionaire, which only leads to betrayal and recklessness.

The Big Wedding

In theaters April 26, The Big Wedding follows a long divorced couple that fakes being married as their family unites for a wedding. The movie will star Robert De Niro, Diane Keaton and Katherine Heigl.

Peeples

Coming to theaters May 10, the film, Peeples, covers the story of “regular guy” crashing a “preppy” family reunion only to ask for their daughter’s hand. This comedy will star Craig Robinson, Kerry Washington and David Alan Grier.

You’re Next (In theaters August 23)

This thriller follows a family away for a reunion as they come under attack during their wedding anniversary. With a surprising twist and shocking visuals, Youre Next will deliver. The film will star Sharni Vinson, Joe Swanberg and AJ Bowen.

The Hunger Games: Catching Fire In theaters November 22

As one of Lionsgate’s more anticipated films, The Hunger Games: Catching Fire, which is in theaters Novemeber 22, will surely deliver. In this sequel, starring Jennifer Lawrence, Josh Hutcherson and Liam Hemsworth, two previous winners, Katniss and Peeta, are dethroned from the victories and are put back in to the arena. This second installation in the Hunger Games “trilogy”, will surely bring a massive first weekend at the box office.

Works Cited:

http://www.ctam.com/html/summit/bios/feltheimer.html

http://en.wikipedia.org/wiki/Jon_Feltheimer

http://www.filmbug.com/db/343434

http://en.wikipedia.org/wiki/Rob_Friedman#cite_note-1

http://m.prnewswire.com/news-releases/cbs-and-lionsgate-enter-5050-partnership-on-highly-distributed-entertainment-cable-network-200102471.html

http://markets.on.nytimes.com/research/stocks/fundamentals/fundamentals.asp?symbol=LGF

http://www.thewrap.com/movies/article/twilight-expendables-2-boost-lionsgate-third-quarter-profit-77186

http://markets.on.nytimes.com/research/stocks/tools/analysis_tools.asp?symbol=LGF

http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=irol-newsArticle&ID=1792214&highlight=

http://www.imdb.com/title/tt2070862/

http://www.imdb.com/title/tt1931435/

http://www.imdb.com/title/tt1951264/

Lionsgate Entertainment

Posted on April 8, 2013 by Taylor Kowalski

Taylor Kowalski

Courtesy of Lionsgate Entertainment [1]

Company Contact Information

Los Angeles Address:

Lionsgate Corporate

2700 Colorado Ave.

Santa Monica, CA 90404

(310)-449-9200

[1]

Executives

Jon Feltheimer, CEO since March 2000.

Michael Burns, Vice Chairman since March 2000.

Steve Beeks, President since February 2004

Joe Drake, Preisdent of the Motion Picture Group since August 2007

Jim Keegan, Chief Financial Officer since April 2002

[1]

Company Overview

Lionsgate Entertainment Corporation is a leading multimedia entertainment company that maintains a presence in film and television production and distribution, home and family entertainment, digital distribution, as well as international distribution and new channel platforms. Committed to low overhead, entrepreneurial business models, cost discipline, and niche focus, Lionsgate has recently seen the success of their 12-year growth strategy, which led to Lionsgate becoming a major name in the world marketplace. [6]

Lionsgate Film’s list of successful films includes The Hunger Games, The Saw Saga, and a long list of Tyler Perry’s films. In addition, Lionsgate Television’s current programming includes successes such as FX’s Anger Management, AMC’s Mad Men, ABC’s Nashville, and Showtime’s Nurse Jackie.

Other Lionsgate holdings and subsidiaries include Lionsgate Music and Publishing, Tigergate, Mandate Pictures, Maple Pictures, Kix, Epix, Thrill, TVGuide.com, FEARnet.com, Debmar-Mercury, Elevation Sales, and Break.com.

Brief History

Lionsgate Entertainment Corporation was founded by Frank Giustra in 1997 in Vancouver, British Columbia. A majority of the funding for its founding was put forth by Yorktown Securities, a bank with stake in Frank Giustra’s mining assets. [2]

To further itself in the industry, Lionsgate acquired other small production houses, purchasing Cinepix Film Properties, which was then dubbed Lionsgate Films, as well as North Shore Studios, then renamed to be Lionsgate Studios. After more purchases, the Lionsgate Media subsidiary was founded to produce content for television. [2]

After Feltheimer became CEO, Lionsgate Entertainment acquired Trimark Pictures for approximately $50 million in June of 2000. Lionsgate also purchased Artisan Entertainment in 2003. They went on to purchase Rebus Film Distribution of the United Kingdom in October 2005, which became Lionsgate UK on February 23^rd, 2006. Also in 2006, Lionsgate sold Lionsgate Studios to Bosa Development Corporation. In June of 2007, Lionsgate Music and Publishing was founded. [2]

In 2009, Lionsgate acquired the TV Guide Network. [3]

In January of 2012, Lionsgate acquired Summit Entertainment, the producers of The Twilight Saga, which helped Lionsgate cross the $1 billion dollar threshold for the first time. This success is also attributed to the release of The Hunger Games. [1]

Courtesy of The Hunger Games [16]

Competitors

DreamWorks Studios

Imagine Entertainment

Metro-Goldwyn-Mayer Incorporated

[18]

Finances

As the fiscal year ended March 31^st, 2013, the annual financial reports for Lionsgate have not been released yet.

Their first-quarter financial report for 2013 reported revenue of $471.8 million, with a price of $.33 per share with the first quarter of fiscal 2013 ending June 30, 2012. [4]

The second-quarter earnings release reports revenue of $707.0 million with a price of $.56 per share with the second quarter of fiscal 2013 ending September 30, 2012. [4]

The third-quarter earnings release reports revenue of $743.6 million with a price of $.28 per share with the third quarter of fiscal 2013 ending December 31, 2012. [4]

View Available Financial Reports

Courtesy of Yahoo Finance [5]

At the closing of April 5^th, Lionsgate’s stock had gone up .74 of a point, a 3.29% increase.

With blockbuster films such as The Hunger Games: Catching Fire being released in 2013, Lionsgate is likely to have a comparable year to that of 2012, during which the release of franchised movies, including The Twilight Saga and The Hunger Games, led to more than $2.5 billion being made at the worldwide box office in 2012. [6]

Recent News

Courtesy of IMDB [14]

January 22, 2013– Lionsgate’s comic-based film DREDD achieved a DVD and Blu-Ray release that made it the best-selling new release title of the year. DREDD also became the top film download of the week, beating out all other films in digital sales as well. This feat adds to Lionsgate’s list of films that have made up for a lacking box office performance through DVD and Blu-Ray sales, helping Lionsgate be the industry leader in DVD-to-box office conversion. [7]

Official DREDD Trailer

February 12 and 13, 2013– Media Investor Gordon Crawford joined Lionsgate’s board of directors, increasing the size of the board to 13 members. In addition, Wayne Levin signed a long-term agreement to act as Lionsgate’s General Counsel and Chief Strategic Officer. [8] [9]

March 5, 2013– Andrew Kramer was named Chief Operating Officer of International Distribution. [10]

BD-2-wallpapers-breaking-dawn-part-2-32962100-1680-1050

Courtesy of The Twilight Saga: Breaking Dawn – Part 2 [15]

March 5, 2013– Lionsgate reported that Summit Entertainment’s The Twilight Saga: Breaking Dawn – Part 2 sold 3.85 million DVD’s and Blu-Rays in its first weekend of release. This news is more significant due to the fact that 27% of the sales were Blu-Ray copies, up from the 22% seen for The Twilight Saga: Breaking Dawn – Part 1, which further indicates the growing acceptance of the Blu-Ray format. Similarly, 20% more transactions were electronic, such as Video On Demand, for this film. [11]

Official Twilight Saga: Breaking Dawn – Part 2 Trailer

March 21^,2013– Lionsgate and the new digital entertainment service M-GO announced that they are partnering to bring Lionsgate’s library of films and television programs, such as The Hunger Games, Twilight, Madea, and Mad Men, to the digital service for customers to purchase or rent. [12]

Courtesy of TV Guide [15]

March 26, 2013– CBS Corporation and Lionsgate officially partner in a 50/50 ownership of the TV Guide Network as well as TVGuide.com, a cable channel that reaches 80 million households. [3]

Future

Though Lionsgate may not have as profitable of a fiscal year in 2013 and 2014 due to The Twilight Saga wrapping up and no longer overlapping The Hunger Games, The Hunger Games: Catching Fire as well as the rest of the trilogy are sure to be box office successes for Lionsgate.

Other upcoming films for Lionsgate include The Big Wedding, We the Peeples, You’re Next, I, Frankenstein, and Tyler Perry’s A Madea Christmas. Lionsgate is also planning to add to the Texas Chainsaw 3D franchise. [13]

Official We The Peeples Trailer

Official You’re Next Trailer

Official Tyler Perry’s A Madea Christmas Trailer

In addition, Summit Entertainment’s upcoming 2013 slate includes Now You See Me, Red 2, The Tomb, and Ender’s Game.

Sources

1. Lionsgate Official Website http://www.lionsgate.com

2. Lionsgate History http://www.fundinguniverse.com/company-histories/lions-gate-entertainment-corporation-history/

3. Lionsgate and CBS for TV Guide Network http://www.hollywoodreporter.com/news/lionsgate-eyes-sale-tv-guide-282649

4. Lionsgate Quarterly Earnings http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=quarterlyEarnings

5. Yahoo Finance Report http://finance.yahoo.com/q?s=LGF

6. Lionsgate Company Overview http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=irol-homeprofile

7. DREDD Press Release http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=irol-newsArticle&ID=1776610&highlight=

8. Gordon Crawford Press Release http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=irol-newsArticle&ID=1784145&highlight=

9. Wayne Levin Press Release http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=irol-newsArticle&ID=1784588&highlight=

10. Andrew Kramer Press Release http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=irol-newsArticle&ID=1792410&highlight=

11. Twilight Press Release http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=irol-newsArticle&ID=1792214&highlight=

12. M-GO Press Release http://investors.lionsgate.com/phoenix.zhtml?c=62796&p=irol-newsArticle&ID=1798829&highlight=

13. Lionsgate Films http://www.lionsgate.com/?section=film

14. DREDD on IMDb http://www.imdb.com/title/tt1343727/

15. Breaking Dawn – Part 2 Photo Page http://www.breakingdawn-themovie.com

16. The Hunger Games Official Website http://www.thehungergamesmovie.com/index.html

17. TV Guide Network http://www.tvguide.com

18. Yahoo Finance, Lionsgate Competitors http://finance.yahoo.com/q/co?s=LGF+Competitors

Lionsgate Entertainment

Posted on September 19, 2012 by imartine

by [Ingrid Martinez]

Current Lionsgate logos. On the left is the original logo for Lionsgate films. On the right is a second version that corresponds to horror and action films produced by the company. The second version is known as “Lionsgate Horror” [1].

Basic Information:

Headquarters Address: 2700 Colorado Ave. Santa Monica, CA 90404

Telephone: (310) 449-9200
Website: www.lionsgate-ent.com

For more information on corporate studio locations and contact information click here [2].

Key Executives:

Co-Chairman, Jon Feltheimer. Image courtesy of http://magazine-archives.wustl.edu

Jon Feltheimer, Co-Chairman & Executive Officer

Michael Burns, Vice Chairman

Steve Beeks, President & Co-Chief Operating Officer

Joe Drake, President of Motion Picture Group & Co-Chief Operating Officer

Jim Keegan, Chief Financial Officer

Wayne Levin, General Counsel & Executive Vice President of Corporate Operations

For full biographies click here [3].

Brief Company Overview:

Lionsgate’s previous logo. Image courtesy of http://www.gmk freelogos.com.

Lions Gate Entertainment Company, Lionsgate, is a leading global film and television producer. Since 1997, the company has strived to become the most successful independent film and television distributer in North America. Today, it currently owns 15 shows on over 10 television networks. These shows include “Weeds,” “Tyler Perry’s House of Payne,” “Meet the Browns,” “The Wendy Williams Show,” and more. In the past year, the company has released 14 motion pictures in theaters. Some of the company’s most famous accomplishments due to their great outcomes are “Madea’s Big Happy Family,” “The Last Exorcism,” and “Precious.” Even with its controversial theme, Lionsgate acquired two Academy Awards as a result of “Precious.” It is a film that will not be forgotten. These shows and films are only few of the many that have helped the company achieve its goal of becoming the most successful independent distributer in North America. Lionsgate does not only hold 10 Oscar awards; it has also been nominated for 47 Academy Awards. With the company’s achievements this year, more nominations and awards are destined to come.

For full company overview click here [4].

Short History:

Lionsgate, established in 1997, began in the city of Vancouver in British Columbia, Canada. The founder of the company is Frank Giustra, a banker whose purpose was to benefit from the Canadian film industry. He dedicated his time and money into the company, anticipating positive results.

Canadian banker, Frank Giustra. Image courtesy of http://www.dcba-online.ca/.

After creating Lionsgate, Giustra also bought other production companies to increase its size and influence. Children’s Television Workshop (CTW), now known as Sesame Workshop, is one of the distributers that was first obtained by Lionsgate. Lionsgate experienced losses during its first few releases. However, its first major theatrical success was the 2000 release of American Psycho. This film led the way for other successes, including Fahrenheit 9/11, which set a record for Lionsgate’s highest gross. Since then, the company has continued to progress and expand.

For full history click here [5].

Progression and Expansion:

Summit Entertainment Logo. Image courtesy of http://www.rizvitraverse.com

For the past 10 years, Lionsgate has acquired different libraries including Artisan Entertainment and Trimark Holdings. Lionsgate now occupies one of the most famous and influential libraries in the entertainment world. The library includes more than 13,000 films and television shows with diversified themes [6]. In December 2011, Lionsgate created a partnership with Saban Capital Group (SCG) and Celestial Pictures. This led to the formation of Celestial Tiger Entertainment Limited, a company whose mission is to entertain audiences in Asia and other countries. During the 2012 fiscal year, which ended in March, Lionsgate released 14 motion pictures in theaters. These motion pictures include films co-produced from other parties. In January 2012, Lionsgate also obtained Summit Entertainment, LLC, an independent worldwide theatrical motion picture studio. This gave Lionsgate the rights to The Twilight Saga film series.

For full article click here [7].

Theatrically Released Films:

Lionsgate has had a very active Fall 2012. Since September, the company has released four films: Dredd, Silent Hill: Revelation 3D, The Bay, and The Twilight Saga: Breaking Dawn – Part 2. The following table shows the earnings of these films.

Film	Release Date	Worldwide Gross as of Monday, December 3rd, 2012
Dredd	September 21, 2012	$30,931,946
Silent Hill: Revelation 3D	October 26, 2012	$33,966,786
The Twilight Saga: Breaking Dawn – Part 2	November 16, 2012	$702,398,866
The Bay	November 21, 2012	$30,668

There is a significant gap between the gross of “The Twilight Saga: Breaking Dawn – Part 2” and the other films released by Lionsgate in the past few months (showed in the table). “The Twilight Saga: Breaking Dawn – Part 2” has long been awaited by a huge domestic and international audience, making it the most successful of these films. The film remains in theaters and its sales continue to increase, making it a huge competitor at the box office.

There is an even wider gap between The Bay and the other three films in the table. The Bay has only obtained a total gross of $30,668, mainly because it is the most recent. However, it was also released only five days after “The Twilight Saga: Breaking Dawn – Part 2.” This may have an effect on the film’s movie sales because “The Twilight Saga: Breaking Dawn – Part 2” is still the spotlight of the theaters. In addition, the holidays are near, which may cause fewer people to attend the movie theater.

For data on these films and more click here [8].

Recent News:

The release of “The Twilight Saga: Breaking Dawn – Part 2” and Lionsgate’s earlier release, “The Hunger Games,” allowed the company’s sales to extend tremendously. Lionsgate expects to earn over $2 billion from international and domestic theater sales. Its first weekend, “The Twilight Saga: Breaking Dawn – Part 2” made $341 million from theater sales worldwide. As of Monday, December 3rd, 2012, the film has made $254,598,866 domestically and $447,800,000 internationally [9]. It now has the highest international gross out of the films in “The Twilight Saga.” Due to Lionsgate’s acquisition of Summit Entertainment, LLC, Twilight has now become one of Lionsgate’s greatest successes.

For the full article click here [10].

Lionsgate broke records, making millions in one year with the two female-led films mentioned above. Few female-led films are produced because Hollywood is afraid that the compensation will not be profitable. “The Hunger Games” and “The Twilight Saga: Breaking Dawn – Part 2” have surpassed expectations in a male-driven industry. These films have pushed past $1 billion with women protagonists, and more success is expected from Twilight. Lionsgate CEO, Jon Feltheimer, and Vice President, Michael Burns, take great pride in this achievement. They jointly state,

The Hunger Games. Image courtesy of www.imdb.com

The Twilight Saga: Breaking Dawn – Part 2. Image courtesy of www.imdb.com

“Every member of our motion picture group should take tremendous pride in this singular accomplishment.”

For the full article click here [11].

Upcoming Releases:

Lionsgate anticipates more success, welcoming the new year with more and more films to be released. However, “The Twilight Saga: Breaking Dawn – Part 2” has set the bar for future films. It will not be easy to top the success of Twilight. The following are films that will be theatrically released during the upcoming year of 2013.

Film	Release Date
Texas Chainsaw 3D	January 4, 2013
The Last Stand	January 18, 2013
Stand Up Guys	February 1, 2013

For more information on Lionsgate’s upcoming releases click here [12].

References:

Lionsgate Entertainment

Headquarters Address: 2700 Colorado Ave. Santa Monica, CA 90404

Telephone: (310) 449-9200 Website: www.lionsgate-ent.com

Key Executives:

Film

Release Date

Worldwide Gross as of Monday, December 3rd, 2012

September 21, 2012

$30,931,946

October 26, 2012

$33,966,786

November 16, 2012

$702,398,866

November 21, 2012

$30,668

Film

Release Date

January 4, 2013

January 18, 2013

February 1, 2013

[1] Closing Logo Group. http://www.closinglogos.com/page/Lionsgate+Films

[2] Lionsgate Corporate Contact Information. http://corporate.lionsgate.com/Contact.asp

[3] Lionsgate Corporate Executive Biographies. http://corporate.lionsgate.com/ExecutiveBio.asp

[4] Lionsgate Corporate About. http://corporate.lionsgate.com/Division.asp

[5] SawPedia. http://sawfilms.wikia.com/wiki/Lions_Gate_Entertainment

[6] Lionsgate Corporate Homepage. http://corporate.lionsgate.com/

[7] NYTimes – Lionsgate Corporation. http://topics.nytimes.com/topics/news/business/companies/lions-gate-entertainment-corporation/index.html

[8] Box Office Mojo Homepage. http://www.boxofficemojo.com/

[9] Box Office Mojo: The Twilight Saga: Breaking Dawn – Part 2. http://www.boxofficemojo.com/movies/?id=breakingdawn2.htm

[10] Reuters. http://www.reuters.com/article/2012/11/19/us-lionsgate-twilight-idUSBRE8AI0XN20121119

[11] The Mary Sue. http://www.themarysue.com/liongate-box-office-landmark/

[12] Box Office Mojo: Lionsgate Upcoming Releases. http://www.boxofficemojo.com/schedule/?view=distributor&id=lionsgate.htm

Telephone: (310) 449-9200
Website: www.lionsgate-ent.com