who is the ceo of lionsgate

Edmonds was a key executive championing "The 1619 Project," a portfolio of film, tv and multi-media programming that will be produced by Lionsgate, The New York Times and Oprah Winfrey's . [1] [5] Giustra had recently retired as CEO from Yorkton, an investment bank, and Paterson was then president. He has been a Director of Grupo Televisa, S.A.B. Over the last year, Damon and I had conversations where he expressed the time had come for him to take on a new chapter in his life. Lionsgate is 52% female and 48% male company-wide. To confuse matters entirely, the transcript of the earnings call has some notable comments from Feltheimer on the idea that Lions Gate needs to find a buyer. Starz CEO Jeff Hirsch On Lionsgate, Summit Output Deal, OTT - Deadline Mr. The Hollywood Reporter is a part of Penske Media Corporation. As Chairman of Endeavour Financial from 2001 to 2007, his vision and leadership led to the successful launch of numerous resource companies, including Wheaton River Minerals Ltd. (acquired by Goldcorp Inc.), and Silver Wheaton Corporation. Jon Feltheimer - CEO @ Lionsgate - Crunchbase Person Profile The company bought a number of small production facilities and distributors. Giustra committed $USD 100 million plus half of what he earns in the resource industry for the rest of his life. 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. The news was just revealed by group chairman . --Global content leader Lionsgate (NYSE: LGF.A, LGF.B) has acquired the vast majority of the Spyglass Media Group, LLC ("Spyglass") feature film library of approximately 200 titles and formed a strategic content partnership with leading content creator Spyglass, the two companies announced today. Clyburn is the director of Lionsgate. 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. Brian studied at Stanford University between 1990 and 1994. I've also done some trading with it over the years, but with my longer-term position, I'm betting on the company's content being considered a necessity by some Hollywood (or tech) exec somewhere. mobile-reuters-com.cdn.ampproject.org/ www-bloombergquint-com.cdn.ampproject.org/ www-hollywoodreporter-com.cdn.ampproject.org/ Lions Gate is firmly on the consolidation radar. Previously, Lionsgate CEO Jon Feltheimer told investors the company planned to spin off Starz by the end of the summer. 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. The Hollywood Reporter is a part of Penske Media Corporation. That's what we think we're doing with Starz. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. Either way, I'll say again that this is a speculative bet. 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. 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). Jon Feltheimer (born September 2, 1951) is the Chief Executive Officer of Lions Gate Entertainment and has held that position since 2000. Find out more about how we use your personal data in our privacy policy and cookie policy. Investment bankers are having a field day as consolidation in this space continues on. 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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. He told me it was time for him to do something different, and I told him we would support him 100%. Giustra sits on the board of Streetohome Foundation and chairs the capital campaign. Lionsgate CEO: Netflix Must 'Pivot' Following Subscriber, Stock Loss By 2007 Pacific Rubiales was trading on the TSX. produce watercooler-worthy documentaries). Mike Fleming Jr and Anita Busch. Acceso is a social business builder. He worked for Sony Pictures Entertainment from 1991 to 1999. I am not receiving compensation for it (other than from Seeking Alpha). Sold some on the recent highs. We, TechCrunch, are part of the Yahoo family of brands. For Apple it will be harder to buy for example VIAC : So you have got the obvious buyers often mentioned in articles: To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Consider the set-up. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. With a market capitalization above that of media companies like Discovery, which is merging with WarnerMedia, and ViacomCBS, Roku is a theoretical buyer for Lionsgate and AMC Networks, said MoffettNathanson media analyst Michael Nathanson. 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. About the Company. 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. [16] His entrepreneurial success includes founding Lionsgate Entertainment, now one of the world's largest independent film companies. Feltheimer is the CEO and non-independent executive director of Lionsgate. The Giustra Foundation also has worked with the Vancouver Foundation and the City of Vancouver on Streetohome, a community-based initiative established in 2008 which brings together non-profits, civil society groups, business, governments and citizens to address homelessness in Vancouver. "[6] In 1990, he became president of the company and, in 1995, was appointed chairman and CEO. They will be led by The Mag 7 six women I revere and one very necessary man seven Magnificent executives who all took a major risk of their own by taking this crazy chance with me and for that, I am eternally grateful. 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. Is this happening to you frequently? Hollywood and Wall Street have always had an interesting relationship. He also alluded that there could be more M&A (mergers and acquisitions) for both Lionsgate and Starz if the two were separated. But who will get the studio and streamer Starz? If Lions Gate truly is becoming sick of Starz, it does present a risk to the consolidation thesis, because it would possibly limit interested parties if the streamer was either spun off or, perhaps worse, left to languish while Feltheimer focused on selling content to competing platforms. We will be spending more on content this year than ever before in the history of Discovery We are really investing heavily, he said. He served as Chief Executive Officer of Lions Gate Films Corp. The company reported quarterly numbers that show it continues to hold up during the pandemic. Recall that Lions Gate wants to be known as a studio that talent can trust and rely upon for creative fulfillment. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Damon Wolf, the head of Lionsgate Motion Picture Group worldwide marketing, is exiting his role. Yes, it could have been worseand anyway, it sort of is beside the point, isn't it, considering consolidation speculation? Lionsgate on Wednesday revealed the new long-term deal, which was approved Sept. 26, in an Securities and Exchange Commission 8K filing. Feltheimer signed a new deal in 2020 that potentially would keep him at the studio through to Aug . Mr. Giustra's entrepreneurial success includes founding Lionsgate Entertainment, now one of the world's largest independent film companies. By 2017, Giustra was chairman of Leagold Mining which acquired the Los Filos deposit in Guerrero state, Mexico, a deposit that Giustra says, is twice the size of the Wheaton River Mineral's assets. Or that the company wanted to get rid of Starz by spinning Show-Starz off (this was in fact a bullet point in the SA news item)? Even outside of a pandemic, near day-and-date would be especially helpful to Lions Gate in getting the word out on Starz to the marketplace. The one positive that would have come out of a Showtime sale for Bakish is that it would have allowed more concentration on Paramount+. [6], In April 2016, Feltheimer was awarded the Wiesenthal Center's highest honor, the Humanitarian Award. [1][2] Under his guidance, Lionsgate received 25 Academy Award nominations and seven Oscar wins including for Crash (film), the Best Picture of 2006. Another potential suitor is Canal+, a division of French conglomerate Vivendi. As the price of gold rose, Ian Telfer, a "mine entrepreneurturned an insignificant shell company into a billion dollar gold producer." This will be a global company, operating in over 220 countries. Lionsgate Disaster Relief's CEO is Casey Hardy . He serves as an Advisor of ZeniMax Media Inc. He does concede after this statement that he is willing to entertain offers, but that just makes me think that perhaps it is becoming more difficult for the company to finally meet its corporate destiny. He has been named one of Americas Most Inspiring CEOs by Esquire Magazine, and was the recipient of the Simon Wiesenthal Centers 2016 Humanitarian of the Year Award. They're a resounding affirmation, I'd say about the value of content, the value of IPs, and the value of brands. We want to hear from you! All Rights Reserved. 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). Combining the STARZ premium global subscription platform with world-class motion picture and television studio operations, Lionsgate (NYSE: LGF.A, LGF.B) brings a unique and varied portfolio of entertainment to consumers around the world. If you would like to customise your choices, click 'Manage privacy settings'. Feltheimers 2022 compensation included an unchanged $1.5 million base salary, but his bonus tumbled to $2.8 million, against a year-earlier $10 million bonus for 2021. West Coast Public Companies With More Than $1M in Revenue, California Public Companies With Less Than $1B in Revenue, Greater Los Angeles Area Companies With More Than 50 Employees (Top 10K), Publishing Companies With More Than $1M in Revenue (Top 10K), Publishing Companies With More Than 50 Employees, Publishing Companies With Fewer Than 1000 Employees (Top 10K), Number of portfolio companies associated to the Person, The organization associated to the person's primary job, Where the person is located (e.g. 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). UPDATED: Starz CEO Jeff Hirsch said "mid-budget films play better on our service than anything else," as per the exclusive first-window output deal for Lionsgate and . To report a factual error in this article. If we wanted to be in niche services, obviously, we wouldn't have sold Pantaya.". EXCLUSIVE: Lionsgate Co-COO and Motion Picture Group Co-President Steve Beeks, who has been at the company for two decades and has . Would you believe Lions Gate's Feltheimer was actually thinking about asking ViacomCBS CEO Robert Bakish to allow him to take Showtime off his company's corporate hands? 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. [7] According to Bloomberg News, Wheaton River Minerals was the precursor for both Goldcorp and Endeavour. 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. Lionsgate Funding Group's Profile, Revenue and Employees. 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. CRAIG PILIGIAN RENEWS LONG-TERM AGREEMENT AS CEO AND CHAIR - Lionsgate
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