When was lions gate started
On April 1, , Lionsgate announced the creation of its new label, Lionsgate Premiere. This new label was planned to handle up to 15 movie releases a year, targeting young audiences at theaters and digital outlets. On May 2, , Lionsgate announced a partnership with eight international companies to launch the GlobalGate Entertainment consortium. GlobalGate will produce and distribute local-language films in markets all around the world.
Saw Wiki Explore. List of Affiliates Apply for Affiliation. Explore Wikis Community Central. Register Don't have an account? On September 13, , Lionsgate and Televisa formed a joint venture, Pantelion Films, to produce up to 10 films a year for the next five years, targeting the US Latino market.
The two companies have planned on merging since On April 21, , Lionsgate announced to merge its movie marketing operations. A few days later, on April 30, Lionsgate announced that the studios planned to expand into the video gaming development.
On February 11, , John C. Malone swapped a 4. Then, on April 1, , Lionsgate announced its new label, Lionsgate Premiere. This new label was planned to handle up to 15 movie releases a year, targeting young audiences at theaters and digital outlets.
On June 30, , Lionsgate agreed to acquire Starz Inc. As of December , it became the parent company of Starz Inc. On July 13, , Lionsgate acquired a minority stake in startup company Primal Media.
Aside from the home media distribution of films sub-licensed from other studios, Lionsgate's library consists of films from the respective companies Lionsgate succeeded-in-interest, such as Trimark Pictures, Vestron Pictures, and Artisan Entertainment, in addition to their in-house material. Their complete ownership depends on the worldwide regions of license.
A two-for-one stock consolidation was effected to bring the share price up to the AMEX minimum. It was hoped that the greater exposure of an AMEX listing would boost the stock's value. In January of the company named Roman Doroniuk, formerly with competitor Alliance Communications, to the posts of president and chief operating officer.
Meanwhile, Lions Gate Films was scoring kudos for the films Affliction and Gods and Monsters, which were now in theaters, while hockey comedy Les Boys 2 was breaking box office records in French Canada.
Cine-Groupe also signed a deal to produce 26 half-hour episodes of a cartoon series called Mega Babies, to premiere on Fox Family TV in the fall of The previous year Fox Family had purchased a 20 percent stake in Cine-Groupe. Controversy over American Psycho continued to mount in Toronto, where scenes for the movie were being shot. Several antiviolence and victim's rights groups were protesting the film's production, although city officials ultimately issued a permit allowing location shooting.
Many Canadians were up in arms about the project because notorious Ontario sex killer Paul Bernardo was found to have a copy of the book at his bedside. In April the company moved its financial operations to Toronto, where new president Doroniuk's offices were located. Giustra and the corporate headquarters remained in Vancouver. The studio and film divisions were the healthiest, with video sales to the United States via new subsidiary Avalanche Films and half-owned Sterling Home Entertainment particularly strong.
The biggest chunk of red ink was attributable to the investment in Mandalay Pictures. Because of 'accounting rules,' in the words of President Doroniuk, Lions Gate was picking up percent of Mandalay's losses.
In the summer the company put its The company's television division also had been restructured to emphasize hour-long non-network series over the production of more financially risky network shows. Its association with Guber's Mandalay Television had been terminated. The Samuel Jackson-starring film was made by a French- and English-Canadian team and was financed and shot internationally. In the fall the company announced two more major deals. In December the first release from Mandalay Pictures also reached theater screens.
Lions Gate also began distributing Dogma, which was directed by Kevin Smith and was the company's widest release to date. Dogma was another controversial project, a satire of Catholicism whose distribution had been switched from Disney-owned Miramax to Lions Gate because of the subject matter.
The money was earmarked to fund more acquisitions. The new financing was quickly followed by dramatic management shifts at the company.
Jon Feltheimer took over Giustra's job as CEO, with the founder retaining only his board chairman duties.
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