Some of the movies you love are likely made by Lions Gate. Lion’s Gate is an entertainment company that specializes in both TV and movie production. They have a show on STARZ, but they also produce streaming programs for Netflix or Hulu. Taking this into consideration, you may be wondering who exactly owns Lion’s gate? Peter Strauss – CEO at IMG – became president at Lions Gate Entertainment, Inc., the American branch of Lion’s Gate Entertainment outside the United States. In addition to being head of LGE America, Strauss was put in charge of overseeing their subsidiary – Lionsgate Media – which produces TV shows.
Lions Gate offers an exceptional opportunity for those who are looking to join the film industry with a promising future ahead. We at Lions Gate provide our employees with creativity, autonomy and freedom when it comes to how they approach their work – from the scripts they write to how they design movies or television shows. Additionally, we offer potential employees opportunities in both traditional mediums such as film or TV but also explore new ways of storytelling through interactive web-based platforms such as social media sites like Instagram and Snapchat.
What movies did Lions Gate work on?
For instance, Lions Gate made partnerships with Miramax Films for the 2004 sequel Dirty Dancing: Havana Nights and with Paramount Pictures for 2002’s Narc and 2004’s The Prince & Me which was given a studio credit. Lions Gate was also a silent partner in 20th Century Fox ‘s 2004 sci-fi film The Day After Tomorrow.
History of Lions Gate Entertainment Corporation
Lions Gate Entertainment Corporation is a leading independent film and television production company based in Canada. Lions Gate has many subsidiaries including Lions Gate Films, which produces and distributes motion pictures; Lions Gate Studios, the largest film and television production facility in Canada; Lion’s Gate Television, which makes TV series and movies; Avalanche Films, a video distribution company; Mandalay Pictures, one of Hollywood’s most influential movie studios with ties to Paramount;
Cine-Groupe who specializes in producing animated programming for US televisions networks such as ABC Family and PBS Kids; Sterling Home Entertainment – an international marketer and distributor of home entertainment content located in Switzerland. Aside from its established brands, the corporation continues to grow by making acquisitions such as Trimark Holdings who offer DVDs for retail sale or rental services found at grocery stores or other retailers around North America.
Origins in 1997
Lions Gate Entertainment Corporation was established by financier Frank Giustra in the summer of 1997. With previous experience working at Yorkton Securities, where he focused primarily on helping miners fund their projects and financing films, it seemed natural for him to turn towards entertainment when he turned 40. Bringing together a Canadian film company so they could compete with Hollywood on its own level, the company has developed since then into one which produces TV shows and movies – making it one of Canada’s most successful studios to date.
To fund his newest venture, he put up $16 million of his own money and used his banking connections to get $40 million worth of funding from investors, which included Yorkton. Giustra also had enough cash after negotiating the merger between Lions Gate Entertainment Incorporated and Toronto Stock Exchange listed Beringer Gold Corporation Ltd., which was worth over 64 million dollars. Once considered a listed company, Giustra liquidated many of Beringer’s old mines in order to distribute the riches evenly amongst shareholders so that Lions Gate could purchase various entertainment companies around Canada with this new capital.
One of Lions Gate’s first acquisitions were Cinepix Film Properties, a Montreal-based producer and distributor that had been founded in 1962 by John Dunning and Andre Link, who both still ran the company. One of Canada’s leading independent motion picture companies, they released both English- and French-language films. They also made ten to 12 modestly budgeted titles annually before branching out into art house fare such as grunge rock documentary Hype, Vincent Gallo’s offbeat Buffalo 66, and Sick: The Life & Death of Bob Flanagan – Supermasochist. With 56% ownership stake in Ciné Groupe – a Montreal-based animation production company, Giustra renamed them Lions Gate Films after acquiring them but left them intact for leadership purposes; an offshoot known as Lions Gate International was eventually established for global distribution purposes.
In addition to buying Lions Gate Entertainment, he also bought North Shore Studios located in his home town of Vancouver. This studio was Canada’s largest film production facility and it housed six busy sound stages. Many American productions were shot there because they could afford to work in this city due to how cheap it was. A few popular examples include The X Files for its first five seasons, and other shows such as Millenium were filmed here too.
Another branch of Lions Gate was Mandalay Television. This company, based out in California, produced made-for-TV movies which would then be aired on stations across America. They were bought from Hollywood mogul Peter Guber, who received 4% stake of the company in return. The man had a history with success behind him – such as Batman and Midnight Express – however there were many rumors about his extravagant spending habits. He ran Columbia Pictures for five years before it plummeted to 510 million dollars worth after he left; all due to lawsuits and contracts being settled out.
Gambling on Guber in 1998
Towards the end of ’98, Guber signed a new contract worth $440 million over 5 years with Silicon Valley-based entrepreneur (and former mining magnate) Peter Munk. The blockbuster deal consisted of two separate deals; one totaling $280 million made solely between Guber and his partner Schaeffer (with other shareholders putting in $20 million), and another for an additional film for $160 mil made mainly through Munk’s company Trizec Corporation.
To avoid wasting time or resources when distributing content, before finalizing the contract, Lions Gate agreed to use Columbia pictures’ nationwide network of theaters under their newly formed partnership making them one of Hollywood’s most powerful players. Understandably, management noted concern about overspending but proclaimed that since they owned 51% ownership stake in Mandalay Pictures alongside MGM studios – things looked good for them despite some lingering reservations about studio participation/ownership numbers being too low given future expansion plans outside North America).
In June of 1998, Lions Gate finalized yet another purchase by picking up a film distribution company that was bankrupt called International Movie Group (IMG). Ten years earlier IMG received $14 million in financing from Frank Giustra and Yorktown Securities – though it did go under in 1996. Its assets consisted mainly of its film library; which included some classics such as Jean-Claude Van Damme’s Kickboxer. All of these were integrated into Lions Gate’s other operations and Peter Strauss – who had been running IMG – became president of the newly found Lions Gate Entertainment (LGE) which would now take over American interests for LGE. In addition to being an integral figure in putting Guber and Giusatra together – he also oversaw productions at Allied Artists Pictures Corporation; some of his most famous projects being Cabaret or The Man Who Would Be King.
Lions Gate’s newly allied divisions were now beginning to bring home contracts and produce successful, high quality TV shows. Mandalay Television announced that they would be shooting some of the most popular ABC (Cupid) & Lifetime (Oh Baby) networks’ TV series – UPN (Mercy Point) & Showtime (Rude Awakening) coming soon! Lions Gate Films also picked up distribution deals for Paul Schrader’s Affliction, a to-be-titled Ted Demme drama, and several others. Another new subsidiary, Lions Gate Media was created at this time to explore opportunities in other types of TV production.
There were many controversies within Lions Gate Film Company. One such controversy is Vladimir Nabokov’s Lolita; a book involving the obsession of an older man towards younger females, who then manipulates her mentally until she escapes from him at age seventeen. The other big controversy involved director Adrian Lyne and Bret Easton Ellis’ American Psycho -a story about a serial killer named Patrick Bateman, who works as a financial advisor during the day but acts like a murderous madman in his spare time.
Leonardo DiCaprio was originally offered the role for $21 million USD but turned down the part due to concerns from fans. He was afraid they wouldn’t want to see this movie if he starred in it because he has always been seen mostly as someone teens look up to. So after Leo refused this proposal, Christian Bale was given the opportunity instead and accepted without hesitation!
Assessing the First Year’s Results
At the end of its first year, Lions Gate Entertainment Group released an annual report outlining losses totaling $397,000 US dollars. With revenues totalling 42.2 million US dollars and a plummeting share price of 1.4 – there were few options left for acquiring other properties outside of selling off stocks at such a low value. A purchase was eventually made for Termite Art Productions – producer of both History Channel documentaries and tabloid-style TV programmes – with three convertible promissory notes worth 2.75 million US dollars instead of shares due to this low value.
With concern over the company’s low share prices rising, a shareholder meeting was called for October 30th in order to decide if they wanted to list Lions Gate on the American Stock Exchange. In order to meet the minimum requirements set by the stock exchange, shares were consolidated at a two-to-one ratio and there hope that being listed on this prestigious place would increase their worth.
In January of 1999, the company appointed Roman Doroniuk, former manager at rival Alliance Communications to the post of President and Chief Operating Officer. Giustra continued his position as Lions Gate Entertainment’s CEO and Chairman. Meanwhile, Lions Gate Films was hailed for both Affliction and Gods & Monsters – with these two movies now being shown in theaters – while hockey comedy Les Boys 2 managed to break box-office records across France.
Cine Groupe also signed a deal to produce 26 half hour episodes of a cartoon called Mega Babies; these would premiere on Fox Family TV come Falltime. The previous year Fox Family had purchased 20% stakes worth $8 million in Cine Groupe stocks – this investment being bolstered further by an additional $16.5 million that came when 5.4 million shares (worth about $115) were sold on a bought-deal basis.*
In March, the company received its first Academy Awards when James Coburn won an Oscar for best supporting actor in Affliction and Gods and Monsters was honored for Bill Condon’s adapted screenplay. Lions Gate had reportedly spent $500,000 in a public relations campaign to promote these two films – both of which were nominated for five awards.
Controversy surrounding American Psycho continued to mount in Toronto, as crews filmed the movie’s scenes there. Antiviolence and victim rights groups protested against production due to the violent content of the work. City officials ultimately issued a permit allowing filming on location after much deliberation from protesters; however many Canadians were still outraged at this decision when they discovered infamous Ontario serial killer Paul Bernardo had a copy of the novel next to his bedside table while he carried out his crimes.
More New Projects in 1999
In April 1999 the company moved its financial operations to Toronto – where new president Doroniuk’s offices were located. Giustra and the corporate headquarters remained in Vancouver; however, there was still hope for new projects on which company divisions were working including TV movies The First Daughter and The Linda McCartney Story, TV series Hope Island and Cliffhangers, as well as an animated feature Heavy Metal 2000 – all of these were made to contribute towards Columbia Tri-Star’s future revenue sources.
When the company’s numbers came out for the second fiscal year, they announced losses at $9.3 million while making $78.3 million in revenue. Their film and studio divisions were doing well too – proving profitable due to new partnerships with Avalanche Films and Sterling Home Entertainment respectively – despite being a little unprofitable themselves (due largely to an investment in Mandalay Pictures).
Most importantly though was that because of how ‘accounting rules’ are written down, Lions Gate is taking on all of Mandalay Pictures’ failures; which means they’re losing about $2 per dollar spent through them this past summer when they had tried to sell off their 13 acres of land in Canada at a high price ($28million). The TV division has been turned around too – now aiming towards producing hour long non-network shows rather than risking investing in more money hungry network ones.
Last summer, Lions Gate scored a big hit in cinemas when it released the Canadian-made drama The Red Violin. This film about an ambitious musician’s quest for revenge turned out to be lucrative for the studio – bringing in just under $10 million at international art house cinemas. Some months later, Lions Gate struck again with two major deals for both TV and Film projects.
For TV, they’ve signed on to create a miniseries based on author Dean Koontz’s Sole Survivor series; while for Film, they’ll release another project called The Big Kahuna which stars and is produced by Kevin Spacey. Reportedly due to his interest in working with them again (and also because of their success rate), Kevin accepted Lions Gate’s offer of just over 1.5 million dollars – even though he could have gotten more elsewhere – which might indicate that they’re worth keeping an eye on!
Late in the year, Lion’s Gate sought more investments. They applied for a $13.4 million line of credit and filed a preliminary prospectus to sell $30 million worth of common stocks and preferred stocks . In December, their first release from Mandalay Pictures released on theater screens as well. With audiences giving it positive reviews despite its average rating – Sleepy Hollow earned $30 million during the initial weekend alone despite the fact that some were not so keen on Tim Burton’s directing skills (though he did direct this one).
And at Christmas, they started distributing Dogma which would go down as their widest release yet; thanks mostly to Kevin Smith (who was behind this one too) directing it. The movie made $8.7 million on its opening weekend but based off previous box office successes – we could expect it might make triple that amount over time eventually if everything goes well enough…
In January 2000, there was yet again an influx of cash for Miramax – this time $33.1 million from a group of investors that included Microsoft co-founder Paul Allen, former Sony executive Jon Feltheimer, German broadcasting company Tele-Munchen, and SBS Broadcasting SA. The money was given to fund more acquisitions made possible by these generous contributions.
Giustra Steps Down in 2000
The financial news was soon followed by major changes in management at the company. Jon Feltheimer became CEO, taking over Giustra’s responsibilities as Chairman of the Board. Shortly after this President Doroniuk left, most likely because he had not been chosen to take over Giustra’s job. As things got clearer, Lions Gate won its 3rd and 4th awards when The Red Violin received an Oscar for Best Original Score and Sleepy Hollow earned one for Art Direction.
Quickly grabbing control of the situation, veteran Feltheimer announced that they would make 15 films yearly budgeted between $5-20 million each while continuing to produce videos under Avalanche Productions. Besides acquiring another movie studio or library, their plan included making several low-budget genre films per year so they could build up their collection even further through them.
In early June, Lionsgate completed the purchase of Trimark for an estimated fifty million dollars worth of stocks and cash as well as assuming 36 million dollars worth of debt from the former company. Founded ten years ago, Trimark distributed mostly action and horror films with a total library size of 650 titles which gave them quite a sizeable asset to work with now that they are merged with Lionsgate.
With this purchase, it seemed likely that Lionsgate would make use of their new partner’s website CinemaNow which offers movies exclusively online through broadband internet connections. It wasn’t clear how this newest development would affect the future, but one thing is certain – there will always be changes in store at every point in life; especially when you’re embarking on something new like this.
Principal Subsidiaries: Avalanche Films, Cinepix Animation, Inc., Cinepix Films, Inc., LG Pictures, Inc., Lions Gate Entertainment Inc., Lions Gate Films Corp., Lions Gate Films Inc., Lions Gate Media Corp., Lions Gate Media Inc., Lions Gate Television. Principals Competitors: Alliance Atlantis Communications, Inc.; Artisan Entertainment, Inc.; Bertelsmann AG; DreamWorks SKG; Metro-Goldwyn-Mayer; The News Corporation Ltd.; Overseas Filmgroup; Sony Pictures Entertainment; Time Warner, inc.; Unapix Entertainment, inc.; Universal Studios, inc.; Viacom.
Where is Lionsgate located?
One of the larger and more well-known film studios in North America, Lionsgate Studios has risen from humble beginnings to become one of the best places for filmmakers all around the world looking for a home.
Who is Lionsgate parent company?
Peter Strauss, IMG’s CEO, has been named President of Lions Gate Entertainment, Inc., the American parent company for Lionsgate’s U.S. interests. IMG Media also announced it would be producing TV series content in cooperation with LGE through its subsidiary known as Lions Gate Media LLC.
Does Warner Bros own Lionsgate?
In addition to its subsidiary, Lionsgate Films – which generates the highest gross revenue in North America – the company also has stakes in both Lionsgate Television and Lionsgate Interactive. The number one player in the industry; it was responsible for operating four out of six major Hollywood movie studios as well as several television networks.
Is Lionsgate owned by Disney?
Both services are now one of the many subsidiaries belonging to Disney, who became an owner after purchasing FX from 21st Century Fox for $5 billion. Earlier this year, full ownership was taken over by Disney when they purchased Hulu in a completely separate deal. Jun 12, 2019.
Is Lionsgate owned by Tyler Perry?
History. Perry has full ownership of his films and Lions Gate Entertainment used to serve as his distributor for all off all his films starting from Diary of a Mad Black Woman to A Madea Family Funeral.
Who owns Georgia Peach Productions?
Originally founded in 2014 by native Atlantan Carmelle Danneman, Georgia Peach Productions is an award-winning production company which produces and airs quality television programs.
History of the Film Industry
Who owns Lionsgate? – During the early 20th century, cinema had a huge impact on filmmaking in America. In that era, American films were known for classical Hollywood cinematography which was developed during 1913-1969 before falling out of favor in subsequent decades. Nowadays this approach is enjoying a resurgence in popularity and even if no one knows what will come next, at least we know what came before.
History
Frank Gisutra founded the company in 1997 with an investment of $16 million and more investors of $40 million, including Keyur Patel and Yorkton Securities executives like G. Scott Paterson. Recently, Giustra retired from Yorkton’s CEO position but remained president under Paterson’s leadership.
Entertainment World
Lionsgate has made its name famous through the production of a range of attractions including Theme Parks, Iconic Attractions and Live Events. Diversifying the portfolio even further, it also extends its Television and Movies worldwide for people to enjoy them at home or even at one of its many event venues – some which are indoor activities too.
Is Lionsgate a third party?
Lionsgate TV is one of the foremost third party providers for premium scripted series, supplying it to various platforms such as Netflix, YouTube TV and Amazon Prime Video.
Who Owns Lionsgate?
Lionsgate is a publicly-owned company made up of many shareholders. One such large shareholder being The Vanguard Group, which owns 6.55% of the stock in this entertainment conglomerate. As per corporate policy, those who control board meetings are those who mostly make final decisions about the company – these people including:
- Jon Feltheimer
Michael Raymond Burns
Mignon L. Clyburn
Feltheimer is the chief executive officer and non-independent member of Lionsgate’s Board of Directors.
What Movies Is Lionsgate Known For?
You may know more Lionsgate movies than you realize. The movie studio has had success with several blockbuster releases. See some of the most popular ones below:
1. John Wick
One of the hottest upcoming movies to hit theatres starring Keanu Reeves is John Wick. After retiring from his days as an assassin, he finally thought he could live in peace…but that all changed when some men broke into his home. His dog was killed and they took away his prized possession – a vintage car given to him by his now dead wife. Now seeking revenge on these people who are hurting him just like they hurt her, John Wick becomes one man’s journey against insurmountable odds without fear or hesitation. This movie inspired two sequels, with Lionsgate currently working on the fourth instalment in the very successful franchise. Filled with lots of action and violence, if you’re craving for something new then this would be a great place to start!
2. The Hunger Games
Another huge success for Lionsgate was The Hunger Games. Based off of a series of books by Suzanne Collins, the film depicts a dystopian society where everyone belongs to different groups or divisions with different missions. One may be an agricultural community while another could reside in the Capital City – they’re made up of wealthy citizens who are fed up with working and order those less fortunate to do it instead (therefore they tend to do no work). Every year, these divisions participate in The Selection, which pits every tribute against one each other until only one remains – the victor becomes champion and joins those residing in the Capital City. Throughout this story follows the path of protagonist Katniss Everdeen as she is thrown into this violent game.
At first, she was not chosen as a tribute. But eventually, when her younger sister is picked for the Hunger Games – Katniss volunteers to take place in order to save her little sister from being forced into such horror. Alongside Peeta Mellark, one of the other tributes selected for the games – they together try and make it out alive; but there are always obstacles in their way. It had been too easy at first – until suddenly it becomes difficult again. No matter what happens though, whether or not they live or die- Katniss will do anything just so long as people see how much she loves Primrose Everdeen
3. Saw
One of the most talked about horror films in recent times is Saw. The film begins with two men waking up in a locked bathroom, both chained to pipes at their ankles. One character struggles to unravel what connection he shares with the other – but it soon becomes clear that they both have connections to someone who works for the mastermind, and one of them needs to die so his family can live.
The hallmark of the Saw franchise is its gruesome violence. The first film showcased someone having to cut off their own foot to get free, while subsequent movies were filled with explicit gore and graphic details depicting both physical and psychological torture. At the same time, the story expanded beyond this; asking viewers to think about what they would be willing to do if faced with such odds- making it clear that no matter how much pain people are in, there will always be something worse lurking around the corner.
What Series Is Lionsgate Known For?
While Lionsgate has a great track record at creating high-quality movies, they have also been producing some amazing television series lately. One of their most recent projects was the acquisition of STARZ; which led them to focus all those creative juices towards some compelling TV content. These are just a few of the productions from this renowned production company.
1. Orange Is The New Black
One of Lionsgate’s biggest shows is Orange is the New Black. This show aired on Netflix and quickly rose to fame. It features a character named Piper, played by Taylor Schilling, who falls in love with her past drug-dealer (who led to her incarceration) only for him to be incarcerated again– this time next door to where she was. The show presents various scenes from women’s prison life – from guards’ abusive techniques, racial injustices in courtrooms or lack of rehabilitation services while they are imprisoned – and it’s all shown through comedic ways amidst these horrific circumstances.
Things take a turn when Piper starts having feelings for both people she has relationships with– one good and one bad– but maybe finding true happiness inside an unfair world may finally happen when she learns how that most simple thing can come back full circle if you work hard enough at them; something you never thought would happen before because this world was too cruel for anyone else but you.
2. Mad Men
Another great show from Lionsgate that aired on AMC was Mad Men – a television period drama about the happenings of an influential advertising company in New York City during the late 1960s. The episodes were written exquisitely with each one slowly peeling back layers to reveal new aspects about the show’s central character, Donald Draper – an ad executive hired by the company during this era. With every season having a different theme, the writers gave viewers just enough information for them to draw their own conclusions about what was happening next without spoiling too much of what was going on.
It featured some of Hollywood’s most well-known celebrities, who went on to become even bigger stars. Some famous faces present in the show were:
- Jon Hamm
January Jones
Elizabeth Moss
Christina Hendricks
The series ran for seven seasons.
3. Outlander
One of STARZ’s most watched programs is Outlander. With its racy romance and intriguing history- it captivates viewers from start to finish. We first meet our protagonist, Claire- played by Caitriona Balfe. When on vacation with her new husband, she accidentally touches one of the ancient stones- only to find herself transported back in time centuries ago where she meets a Scottish Laird named Jamie – played by Sam Heughan–and becomes his bride too soon after meeting him!
A Scottish man who was also named Jamie Fraser was the first person she met there. The two fell in love immediately, so they got married and traveled the world together. She found herself being deeply invested in historical events; one of them being her involvement with the English-Scottish wars taking place at that time. STARZ had made it for TV based off her books about her life traveling all over the world – namely because she found herself experiencing various important moments during those times.
4. Black Sails
Another historic piece of media is the show Black Sails. Prequel to Treasure Island, this drama follows Captain Flint and Long-John Silver in their early years together. As history would go on to tell, many events occurred in Nassau during this time period – including the takeover from English forces and the installation of a new Governor who made all changes possible. One thing that struck viewers as different was how LGBTQ characters were treated in Black Sails. This can be seen through the bisexuality of one particular character, played by Toby Stephens, who portrayed Flint. Other actors included Luke Arnold as Long John Silver – they really knew what they were doing when casting him too!
5. Nashville
A long-running show that Lionsgate recognized as successful was Nashville. The series followed the lives of a few fictional country musicians and focused on Rayna James, played by Connie Britton, and her attempt to stay relevant as an artist while maintaining her place in music; meanwhile, she has to deal with Juliette Barnes (Hayden Panettiere), who is about the same age but clearly up-and-coming.
The series tackles both personal relationships such as those between friends or spouses and familial ones including those between siblings or parents and children. And at its core, it shows how society reflects these struggles through the years with their ever-changing technology from season one to season six.
FAQs About Who Owns Lionsgate
When and where was Lionsgate incorporated?
Lionsgate is an entertainment company made up of two major conglomerates that merged together back in 1997. Its two founders – Beringer Gold Corp., also known as IMI Computer Corp., and Lions Gate Entertainment Corp – came together to form this dynamic multinational enterprise through a combination of old-world practices and new technology for the future generation of viewer demand; seeing Hollywood’s prospective expansion reach every inch possible until it reaches Mars’ surface.
Who are Lionsgate’s independent auditors?
Lionsgate has chosen Ernst & Young LLP as its independent registered public accounting firm.
How can I invest in Lionsgate stock?
Lionsgate does not offer a direct stock purchase plan; however, you can buy shares of Lionsgate stock through a broker or one of many different companies that specialize in such service.
Conclusion
Lionsgate is an entertainment company with a board of directors who help make decisions for its shareholders. The studio has been behind some of the most well-known franchises in film history, and they’ve also produced many beloved TV series on STARZ and other streaming platforms. No one can predict the future. I don’t know when Lions Gate Entertainment will be taken off the market.
As mentioned before, the CEO seems to have adopted this mixed message approach – but we do know from reports and comments made during their last conference call that management is talking to others about potentially acquiring them or taking over operations soon; let’s just take a look at this updated stock chart below.