Lions Gate Entertainment Corp. (NYSE: LGF.A, LGF.B) was founded on July 3, 1997 and is headquartered in Santa Monica, California. It has 1443 full-time employees. It is a film production and distribution, TV program An international channel and platform company for production and broadcasting, home entertainment, and digital distribution, participating in the production of Hollywood Films in the United States and Canadian film and television production.
Lions Gate Entertainment (LGF):
Lions Gate Entertainment is a North American entertainment company. The company was founded in Vancouver, Canada in 1997, and is currently headquartered in Santa Monica, California. As of 2011, it has become the most successful commercial independent film in North America And television distribution companies.
Lions Gate Entertainment is mainly engaged in film production and distribution, film programs and joint sales, home entertainment, digital distribution, and a pipeline platform for sales to the international market. Its business is divided into two categories: film and TV production.
- The film business includes development and production of feature films, acquisition of distribution rights in North America and the world, North American theaters, feature film production and acquisitions through home entertainment and TV distribution, feature film production and acquisitions to obtain global distribution rights authorization.
- The TV production business includes the development, production and global distribution of TV programs, including TV series, TV movies, mini albums, and realistic programs.
In addition, the Lionsgate business also involves the field of music recording. Lionsgate’s film and television works can be viewed on the free video site Hulu.
Lionsgate sold its distribution rights in Canada to Maple Pictures, a company founded by two former Lionsgate executives Brad Pelman and Laurie May. Recently, Lionsgate has resold Maple Pictures to Alliance Films, a film distributor based in Montreal.
Lionsgate’s best-selling film was “The Hunger Games” in 2012, and the film has now been shown on the whole line; and its earlier best-selling film was “American Murder” in 2000, which opened Lionsgate’s production and distribution is controversial The prologue of the movie. Well-known films include “Gods and Demons”, the “Chain Saw” series that started in 2004, and the hit documentary “Fahrenheit 911”.
Lionsgate and Relativity Media are important partners: Lionsgate publishes many films produced by Relativity.
The history of Lions Gate Entertainment (LGF) includes:
- In 1997, Canadian investment banker Frank Giustra founded Lionsgate Films (Lionsgate Films) to invest in the growing film industry in his hometown. The company name comes from his hometown of Vancouver. The famous landmark bridge, the Lions Gate Bridge that connects the city center to the north bank. The company has acquired many small production and distribution companies such as Montreal-based Cinépix Film Properties (CFP), Trimark Pictures, Mandate Pictures, and the most famous Artisan Entertainment.
- On April 13, 2005, Lionsgate Entertainment divested the Canadian film distribution business and established Maple Pictures Corporation;
- On August 1, 2005, Lionsgate acquired Modern Entertainment, the American film division of the Swedish television company Modern Times Group (OMX: MTG A, MTG B).
- On October 17, 2005, Lionsgate acquired the British company Redbus Film Distribution for 35 million US dollars. After February 23, 2006, it was renamed Lionsgate UK.
- On March 15, 2006, Lionsgate sold Lionsgate Studios to Bosa Development Corporation.
- On July 12, 2006, Lionsgate acquired Debmar-Mercury, an American television production joint company, which has an important position in the field of daytime television programming.
- On July 26, 2007, Lionsgate purchased part of the stock of independent film distribution company Roadside Attractions.
- On September 10, 2007, Lionsgate acquired Mandate Pictures for USD 56.3 million.
- Lionsgate, MGM and Paramount are also co-owners of a new pay-TV movie channel, Epix, which was founded on October 30, 2009 and is a competitor to HBO and Showtime channels.
- In January 2009, Lionsgate acquired TV Guide Network and TVGuide.com from Macrovision Solutions (NASDAQ:ROVI) for US$255 million . In May of the same year, it sold 49% of the shares of TV Guide Network and its website to One Equity Partners.
- On September 13, 2010, Lionsgate and Mexican TV (Grupo Televisa, SAB, NYSE: TV) established a joint venture company-Pantelion Films.
- In September 2011, Lionsgate sold its Canadian distribution business-Maple Pictures to Alliance Films.
- On January 13, 2012, Lionsgate sold Summit Entertainment for $412.5 million.
- On April 14, 2014, Comcast acquired the remaining Fearnet shares from Lionsgate and Sony Pictures Entertainment .
- On February 11, 2015, John C. Malone replaced a 4.5% stake in Starz Inc. with a 3.4% stake in Lionsgate Entertainment .
- On April 1, 2015, Lionsgate Entertainment founded Lionsgate Premiere.
- In January 2018, Lionsgate sought a sale, and Amazon.com , CBS Corporation , Comcast , Verizon Communications and Viacom offered bids.