Thanks to strong gains in its television production business, new revenue from its TV Guide Network and reduced movie marketing costs, Lions Gate Entertainment swung to $31.7 million in net income during its second fiscal quarter compared with a net...
Lionsgate has struck a partnership with an online community of filmmakers in hopes of finding new story ideas. The newly formed Lionsgate Incubator Project will work with Massify -- a kind of Linked-in for the film world, with a network...
Carl Icahn would love this one. One of Wall Street's biggest credit-rating agencies is warning investors that Lions Gate Entertainment is a risky bet. Moody's Investors Services today gave a grade of B1 to the $200 million of secured notes...
Lions Gate Entertainment said in a regulatory filing that it signed a new credit agreement with JP Morgan, Chase & Co., Wachovia Corp. and Union Bank. Under the 3 1/2-year deal, Lions Gate received commitments of $110 million from the...
Last week, we briefly reported on the legal blow dealt to Harvey Weinstein's efforts to distribute "Precious, Based on the Novel ‘Push’ by Sapphire," the darling of the Sundance Film Festival that follows the brutal life of a young Harlem...
Lions Gate Entertainment's annual shareholders meeting in Toronto today was, as expected, a big yawn, with all 12 of the movie and television studio's 12 nominees, including Chief Executive Jon Feltheimer and Vice Chairman Michael Burns, elected to the board....
Top executives at Lions Gate, including Chief Executive Jon Feltheimer and Vice Chairman Michael Burns, saw their bonuses plunge in the company's fiscal 2009, which ended on March 31. That's not surprising given the lousy year the Santa Monica-based independent...
Lions Gate has decided it's better to work with Redbox than against it. The independent studio has signed a five-year deal to provide its movies to DVD kiosk company Redbox at the same time they are made available to other...
Lions Gate Entertainment posted better-than-expected results for the fiscal first quarter: Revenue grew 30%, thanks in large part to gains from television production and first full-quarter revenue from its recent TV Guide Network and TVGuide.com acquisition. For the quarter ended...
Lions Gate had a profitable fourth quarter, posting $30 million in net income on revenues of $511.5 million, thanks to a particularly strong release slate including Tyler Perry's "Madea Goes to Jail." But that wasn't enough though to salvage a...