who is the ceo of lionsgate

Giustra is a major shareholder of Thunderbird Entertainment, a pure play content production studio creating original programming in scripted, factual and animation that includes Atomic Cartoons and Great Pacific Television. Damon Wolf, the head of Lionsgate Motion Picture Group worldwide marketing, is exiting his role. He served as a Director of Lions Gate Films Corp. Feltheimer served as a Director of CinemaNow Corporation. With our teams stronger than ever and with our recent films expertly launched into an ever-evolving paradigm, Damon and I recently revisited his desire to move on. And while Comcast could buy Viacoms Paramount studio and/or its cable networks, many analysts arent sure how far that deal would move the needle for either company, NBCUniversal (CMCSA-0.6%) has begun talking about a subscription streaming serviceseparate from its large-scale Peacock effort, Business Insider reports.NBCU CEO Jeff Shell has held conversations recently about the new service, which would carry Universal branding.That new offering would look to build more global traction considering the Peacock brand means little to worldwide viewers, according to the report. Recall that Lions Gate wants to be known as a studio that talent can trust and rely upon for creative fulfillment. Total global Starz subscribers stands at 29.5 million versus 23.9 million a year ago. The company notes that WarnerMedia has held a 1 or 2 spot in the global box office during 11 out of the last 12 years. Thats been especially true this last year as we were all struggling to figure out our new normal. Just as Disney and others have sought to modify window lengths, Lions Gate could bring product from theatrical to streaming on a faster basis. Lionsgate CEO Jon Feltheimers Pay Rises to $19M, Lionsgate Grows Streaming Subscribers to 14.6M, Lionsgate Swings to Quarterly Profit Amid Pandemic, Lionsgate Chairman Buys More Stock in Studio, Lionsgate Grows Starz Subscribers to 26.2 Million, Lionsgate Faces Wall Street Skepticism as It Bets on Starz, Starz to Launch Streaming App in 20 Countries Next Year, Lionsgate Posts Second-Quarter Profit as Starz Adds 1.2M U.S. And asked if he anticipates a wave of M&A among streamers in an increasingly crowded market, he said he sees commercial agreements with bundled services coming on first. Team Members. We will have to wait to see which company believes that Starz has enough value to cough up the necessary costs. Feltheimer has Bachelor's Degree in Economics with honors from Washington University. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. The employee data is based on information from people who have self-reported their past or current employments at Lionsgate. Thunderbird's animation company, Atomic Cartoons is producing Last Kids on Earth based on the New York Times best selling book series for Netflix and is in development on Eerie Elementary and Princesses Wear Pants adaptations as well. The stock has been steadily rising over the last year, and I'd argue the momentum is, in large part, based on speculation of a takeover (it probably also has to do with coming out of the SARS crisis and theater openings, as well as bets on rising Starz subscriptions). Frank Giustra CM OBC (born August 22, 1957) is a Canadian businessman, mining financier and global philanthropist, who also founded Lionsgate Entertainment. Amir Hamja for The New. Popular Searches Lions Gate Entertainment Corp Lions Gate Entertainment Inc [5] Giustra had recently retired as CEO from Yorkton, an investment bank, and Paterson was then president. Mr. Crawford is Co-Chair of the Strategic Advisory Committee. Frank Giustra and Tim Gamble, CEO's of Thunderbird Films, will serve as executive producers. It just so happens that this week marks one year from when we all were sent home for just two weeks two weeks that we are still counting. "This is a collection of short horror stories: Tales From Salem, Mass. In those discussions last year and again more recently with Joe, we talked about the value of all the many honest conversations we have had on our journey, Wolf said in his note to staff today (read it below). The more things change, the more things stay the same, and we think we can be that complementary bundling partner.. He served as the Co-Chairman of Lions Gate Entertainment Corp. from June 30, 2005 to February 2, 2012 and has been its Non-Independent Director since January 2000. In December 2020, Wolf was tapped as one of leaders of Drakes revamped film divisions alignment into four key verticals: Marketing, Distribution, Strategy and Innovation, and Content. Feltheimer has led Lionsgate to grow into the leading Canadian independent filmed entertainment studio. Subscribe for full access to The Hollywood Reporter. Combined, the two companies will hold the $1 spot in the TV studio game in terms of revenue and volume. Feltheimer signed a new deal in 2020 that potentially would keep him at the studio through to Aug. 2025. The stock is relatively inexpensive and a speculative buy for those willing to bet on consolidation with this name (although the timing is difficult to predict). M2. With the support of Giustra, who sits on the executive committee, and contributions that total $10 million, the International Crisis Group is a leading independent, non-partisan, source of analysis and advice to governments and intergovernmental bodies like the United Nations, European Union, and World Bank on the prevention and resolution of deadly conflict. He is CEO of Fiore Group of Companies and co-chair of International Crisis Group. Zippia gives an in-depth look into the details of Lionsgate, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lionsgate. Find contact information for Lionsgate Disaster Relief. I have no business relationship with any company whose stock is mentioned in this article. Based on our data team's research, Jon Feltheimer is the Lionsgate's CEO. Mr. Giustra is CEO of the Fiore Group, a private firm managing a broad portfolio of private equity investments and companies, specializing in natural resources, entertainment, art, food and lifestyle. No one can predict the future. [1] Lionsgate's television network, which operates 12 channels, is known for its hit TV series, Weeds. Lionsgate | 378,021 followers on LinkedIn. By Patrick Hipes. Executive Officer of Lionsgate at Lions Gate Films Inc. Lionsgate's primary competitors include MGM, Universal Studios, Warner Bros and 10 more. [4] Giustra spent his childhood in "Italy, Argentina and Texada Island off the British Columbia coast. We are grateful to Damon for sharing his talent, humor, and leadership with us. Bigger-picture as in bigger-scale, naturally. [citation needed], Frank Giustra Social Enterprise Partnership and Initiative[19] CGSGI aims to alleviate poverty in the developing world in partnership with the global mining community. Giustra sold most of his stake in Lionsgate in 2003. Here are further demographic highlights of the leadership team: During his 30-year entertainment industry career, Jon Feltheimer has held leadership positions at Lionsgate, Sony Pictures Entertainment and New World Entertainment and has been responsible for tens of thousands of hours of television programming and hundreds of films, including the global blockbuster Hunger Games franchise and multiple Academy Award winners La La Land, Crash, Monsters Ball and Precious.Mr. In those discussions last year and again more recently with Joe, we talked about the value of all the many honest conversations we have had on our journey. If you have an ad-blocker enabled you may be blocked from proceeding. In the early 1980s, Giustra left Merrill Lynch to create a resources-financing group in Europe for the new firm Yorkton Securities. DirecTV is among many media companies looking to purchase a stake, along with Roku and Apollo Global Management, which have teamed up on a bid. He serves as an Advisor of ZeniMax Media Inc. Feltheimer has led Lionsgate to grow into the leading Canadian independent filmed entertainment studio. Lionsgate CEO Jon Feltheimer said Thursday that two . That's what we think we're doing with Starz. So you have got the obvious buyers for LGF often mentioned in articles: They further pointed out that a deal to buy ViacomCBS would face regulatory problems because both own broadcast networks (CBS and NBC). From 2001 to 2007, Giustra was chair of Endeavour Financial, a merchant banking firm which financed mining companies. Barge served as the Chief Financial Officer and Executive Vice President of Viacom, Inc., since October 1, 2010 until November 2012 and served as its Executive Vice President of Tax & Treasury since January 22, 2008. None of the information on this page has been provided or approved by Lionsgate. The first major new studio in decades, Lionsgate (NYSE: LGF.A, LGF.B) is a global content leader whose films, television series, digital products and . And, management expects to generate ~$3b in synergies and cost savings measures by combining the two companies' media segments, We dont think 30 million subscribers is a niche service, he said, adding that the goal is to make Starz a market leader in premium content.. He served as President of Columbia TriStar Television from 1993 to 1995, President of Columbia TriStar Television Group from 1995 to 1999 and Executive Vice President of Sony Pictures Entertainment from 1997 to 1999. The Company [was] focused on identifying opportunities primarily within the eastern Llanos Basin of Colombia. Jon Feltheimer (born September 2, 1951) is the Chief Executive Officer of Lions Gate Entertainment and has held that position since 2000. Its first success was American Psycho, which began a trend of producing and distributing films far too controversial for the major American studios. Analysts Disclosure: I am/we are long AMZN, DIS, LGF.A, LGF.B, NFLX, T, VIAC. Subscribers, Starz-Comcast contract dispute draws Department of Justice informal inquiry. Lionsgate on Wednesday revealed the new long-term deal, which was approved Sept. 26, in an Securities and Exchange Commission 8K filing. He was named to the Board of Directors of Grupo Televisa in 2016 and Washington Universitys Board of Trustees earlier this year. Michael Burns, Lionsgates COO said, While we continue to realize substantial synergies from bringing Lionsgate and Starz together, we also see the opportunity to potentially unlock significant shareholder value under a scenario where investors had the ability to value our studio assets and Starz separately.. In 2020, Giustra was named co-chair of the International Crisis Group. Any portion of Mr. Feltheimers annual bonus that exceeds $1.5 million for a particular year may be paid to him in the form of fully vested company common shares, the SEC filing stated. Mr. Giustra's entrepreneurial success includes founding Lionsgate Entertainment, now one of the world's largest independent film companies. [7] According to Bloomberg News, Wheaton River Minerals was the precursor for both Goldcorp and Endeavour. He was the Founder and President of TriStar Television from 1991 to 1993. Damon Wolf our beloved resident Southern Gentleman and Chief Marketing Officer has let me know that he has chosen to step down from his position. Barge serves as a Senior Vice President, Principal Accounting Officer and Controller of American Television and Communications Corporation. since April 2015. Michael Moore's incendiary documentary earned $119 million, making more on its own than the cumulative total of any single year in Lionsgate's history. By Etan Vlessing May 12, 2023 10:00am Nathan Kahane and Joe Drake Jon Kopaloff/Getty Images for Lionsgate Lionsgate 's motion picture group has finished another restructuring under chairman Joe. ). Lionsgate. Feltheimer oftentimes doesn't seem like he wants him and his company to "keep our head down." Mr. Giustra is frequently quoted regarding gold and currency markets in publications such as Globe and Mail, Kitco News, StockHouse.com, GoldEditor.com and his own blog FrankGiustra.com[citation needed], 2018 Inducted into the BC Laureates Hall of Fame, 2018 International Crisis Group In Pursuit of Peace Award, 2017 Elton John AIDS Foundation Enduring Vision Award, 2015 Vancouver International Film Festival Screen Industry Builder Award, 2013 Douglas College Distinguished Alumni Award. It does make a difference in terms of shareholder value and buyout premium. [10][11], Although oil had been discovered there in 1982, when the original company, Pacific Rubiales, was established, production began in 1988. One party is always looking at its opposite as other people's money (I don't have to tell you which one). Bloomberg Intelligence analysts Geetha Ranganathan and Kevin Near estimate the Santa Monica, California-based company could fetch between $7.6 billion and $11.6 billion in a sale. The portfolio is as varied as Mr. Giustra's interests Modern Farmer Media Inc., and he is the founder of Domenica Fiore, award-winning Olive Oils which is named after his mother, a company that produces olive oil. I don't know when Lions Gate Entertainment will be taken off the market. In 2000, Giustra left the firm and it was taken over by Jon Feltheimer and Michael Burns. Previously, Lionsgate CEO Jon Feltheimer told investors the company planned to spin off Starz by the end of the summer. He served as an Architect of Sony Pictures Entertainment. Posted on April 15, 2021 We are excited to announce that Pilgrim Media Group President and CEO Craig Piligian has been elevated to a new position - President of Lionsgate Nonfiction Television. If there's going to be a time for Lions Gate to engage some sort of transaction, if not an all-out takeout offer by some larger media company - I believe the latter is more likely - then now is the time. There is also an opportunity to exploit Starz and the movie segment to maximize interest in buyers. Lionsgate acquired Starz in 2016 for $4.4 billion and has grown its content expenditures for the platform to retain subscribers and ensure a 52-week pipeline of new releases. Wolf was hired in as head of worldwide marketing in June 2018, moving over from an EVP role at TriStar Pictures, Screen Gems, and Sony Pictures Worldwide Acquisitions. That's a solid gain, but for the entire fiscal year, profit was mostly flat in that segment - $290 million versus $293 million. I think sort of our approach and where we fit in is pretty simple at this point in time, which is, with all this disruption, I think we've got a benefit in terms of lack of disruption here at the company and of cohesiveness. He served as Head of Sony Entertainment Television. I've owned this one for a long time and am on record as saying that I want to see the company to its ultimate conclusion, which I believe will be a consolidation event. Jon Feltheimer is the Chief Executive Officer at Lions Gate Entertainment Corp. and Lions Gate Entertainment, Inc. Feltheimer serves as the Chief Executive Officer and Co-Chairman of Lions Gate UK Limited an affiliate of TV Guide Networks, Inc. Feltheimer serves as Chief Executive Officer of Lions Gate Entertainment, Inc. . As an example, the CEO recounted the negotiations that his studio had with Netflix around the sequels for filmmaker Rian Johnson's whodunit blockbuster "Knives Out." Lionsgate distributed the original film in 2019 as it went on to gross $311.4 million at the box office. Sloan is replacing Discovery CEO David Zaslav, who stepped down from the board back in May, afterit was announcedhell take over a new company formed from a merger with WarnerMedia. Feltheimer noted last week that the expectation right now is that Lionsgate will retain some ownership stake in Starz, but anything can happen, he said. In June 2007, when Giustra stepped down as chairman of Endeavour Financial "to pursue his philanthropic interests", he became Endeavour's exclusive financial adviser. Biography Feltheimer received a BA in economics with honors from Washington University in St. Louis. President & Chief Executive Officer at LionsGate Entertainment. Consolidation can go the other way, too, and this was recently highlighted in a news item that was rather interesting. Frank Giustra CM OBC (born August 22, 1957) is a Canadian businessman, mining financier and global philanthropist, who also founded Lionsgate Entertainment. The Hollywood Reporter is a part of Penske Media Corporation. The company's library once again was a bright spot, showing that there is diversity to the business model and that it can help during a black-swan event. Mr. James W. Barge, also known as Jimmy, has been the Chief Financial Officer of Lions Gate Entertainment Corp. since October 1, 2013. The company acquired Starz in 2016 for $4.4 billion, and since then, the . Last fall, in a conversation with Joe about the studios upcoming 2021 slate, our conversation turned to an obvious place our 2019 slate, the last time our full slate was put on display. We don't think 30 million subs is a niche service. Studios are going to get a pass this year based on theater closures, and with the AT&T/Discovery elephant entering the building, there might be bigger-picture issues at hand. Even here, with the pandemic shutdown of theaters, the company is holding up, albeit with steep declines. Sloan was one of the early investors in Lionsgate in 2000 when he was head of SBS Broadcasting, and he was also Co-Chair of the Lionsgate Board before he went to run MGM. Learn about their Non-Profit & Charitable Organizations, Organizations market share, competitors, and Lionsgate Disaster Relief's email format. Lionsgate's Profile, Revenue and Employees. He has been a Director of Telltale, Incorporated since February 24, 2015. My guess Dr.Malone is executing his plan he had back in 2013: Lina Khan was named the chair of the FTC after her appointment last week and she is known as a sharp critic of Big Tech.As a Yale student in 2017, her Yale Law Review article "Amazon's Antitrust Paradox" argued for a new framework to evaluate competitive harm in antitrust, not on consumer welfare alone but also on predatory pricing and the dangers of a company both owning and selling on a marketplace.The FTC negotiated with the Justice Department to review this deal given its already-wide-ranging antitrust review of Amazon, the Journal reports, citing people familiar with the situation.MGM is a smaller studio, whose purchase may not have raised red flags under normal circumstances, the paper says. I am not receiving compensation for it (other than from Seeking Alpha). Lionsgate stock rose 9 percent in fiscal 2022 and has jumped over 20 percent since the companys first quarter earnings call.

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