Log in / create account
What's your thing?
 
Search

Endpoint: Lions Gate Entertainment



00:22
Videos (2)
created on: 23/12/2015
by: dietvl (345)
 
 

Company properties

General info :
Lions Gate Entertainment is the business name of Lions Gate Entertainment, Inc. (LGE), the American parent company for Lionsgate's U.S. interests.

Lions Gate Films Corp. was formed in 1997 by Frank Giustra with a $16 million investment including another $40 million from other investors which included Keyur Patel and Yorkton Securities' executives such as G. Scott Paterson.

Lionsgate then began a series of acquisitions to get into the film industry. The company bought a number of small production facilities and distributors, starting with Montreal-based Cinépix Film Properties (renamed as Lions Gate Films) and North Shore Studios (renamed Lions Gate Studios) in Vancouver, British Columbia. Mandalay Television was acquired by Lionsgate from Peter Guber for a 4% Lionsgate stake. In 1998, Lionsgate helped Guber form Mandalay Pictures with a 45% investment in Mandalay. Lionsgate followed that up with a June purchase of International Movie Group, Inc. (IMG), a bankrupt film distributor previously invested in by Guber and Yorktown Securities, for its film library. IMG's CEO Peter Strauss became President of Lions Gate Entertainment, Inc. (LGE), the American parent company for Lionsgate's U.S. interests. The Lions Gate Media subsidiary was also formed to produce for television.

In June, Lionsgate acquired Trimark Holdings, Inc. for approximately $50 million in stock and cash including taking on $36 million in debt.

Lionsgate continued making acquisitions during the decade to boost distribution and its film library. On December 15, 2003, Lionsgate acquired Artisan Entertainment for $220 million. In 2004, Erik Nelson reacquired Termite Art and renamed it to Creative Differences.

On August 1, 2005, Lions Gate Entertainment, Inc. acquired the entire library of Modern Entertainment, the U.S. film division of the Swedish television company Modern Times Group.
Relations :
Business name of : Lions Gate Entertainment, Inc.
This endpoint is approved in the database from previous submissions.
Websites
Source :
Copied Wikipedia parts under license :
ENA's

Company

(1 items)

Movies

(33 items)

Item number : 6420

Submitted by : dietvl (345)
on : 23/12/2015
Refined by : Lo55o (12521)
Last updated on: 08/09/2020