Lionsgate Films
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Lions Gate Entertainment Corporation (LGEC) was formed in 1997 by Frank Giustra, a banker. [10] LGEC purchased Cinépix and kept its leadership. [7] Cinépix was renamed Lions Gate Films on January 13, 1998. [11] LGEC also purchased the Vancouver-based North Shore Studios, which became Lions Gate Studios. [7]
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.
Following the completion of acquisition of Entertainment One from Hasbro on December 27, 2023, Lionsgate revealed its intention to split its film and television assets into its own company, whose Studios division will merge with a special-purpose acquisition company named Screaming Eagle Corporation, to be led by Eli Baker, to form a separate pu...
The studio’s more than 20,000 title film and television library is one of the largest and most valuable in the world. Lionsgate acquired a majority stake in leading talent management and production company 3 Arts Entertainment in 2018 and acquired the global entertainment platform eOne from Hasbro in December 2023.
A digital age company driven by its entrepreneurial culture and commitment to innovation, the Lionsgate brand is synonymous with bold, original, relatable entertainment for audiences worldwide. Lionsgate holds an approximately 87.2% stake in the newly-created Lionsgate Studios.
Jan 4, 2024 · Lionsgate CEO Jon Feltheimer says spinning off his Hollywood film and TV studio business from Starz via a Special Purpose Acquisition Company (SPAC) deal offers the best flexibility available...
Dec 22, 2023 · The Lionsgate parent company is expected to continue to own 87.3% of the total shares of Lionsgate Studios, while Screaming Eagle’s founders, public shareholders and investors are expected to own...
