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News Breaks
January 9, 2013
11:04 EDTLGFLionsgate, Samsung to partner on bringing 3D content to home entertainment
Lionsgate (LGF) and Samsung Electronics are partnering to expand the availability of popular theatrical titles in 3D for the home entertainment market, the two companies announced from the Consumer Electronics Show and in an associated press release. The two companies will kick off the partnership by delivering new 3D versions of the Lionsgate action films GAMER, CRANK, and BANGKOK DANGEROUS as well as the horror/thriller THE DESCENT. In addition to these films, a number of other theatrical titles are in the pipeline for 3D conversion and release, the companies said.
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March 25, 2015
08:07 EDTLGFLionsgate announces Zygi Kamasa to continue serving as Lionsgate UK
Lionsgate announced Zygi Kamasa has entered a new long-term agreement to continue serving as Chief Executive Officer of Lionsgate UK and to assume additional new responsibilities as CEO of Lionsgate's European Office.
March 22, 2015
18:46 EDTLGFLionsgate's 'The Insurgent' takes top spot at box office with $54M
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March 20, 2015
16:05 EDTLGFLionsgate files to sell 361,229 shares of common stock for holders
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March 18, 2015
06:53 EDTLGFLionsgate closing $375M financing agreement with Chinese broadcaster, WSJ says
Lionsgate CEO Jon Feltheimer said in a Wall Street Journal interview that the company is closing a $375M financing agreement with Hunan TV & Broadcast Intermediary that may boost its ability to screen films in China. Hunan will fund 25% of Lionsgate production costs over a three year period which the Journal notes could total $1.5B, though popular franchises "Hunger Games," "Divergent," and "Twilight" are not covered. Hunan's subsidiary will acquire rights to distribute up to four Lionsgate films in China, and the two companies will also produce films and television shows for both U.S. and Chinese markets, with a "Candy Crush Saga" TV show being a likely first candidate, according to Feltheimer. Reference Link

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