A first logo history video of September. I hope you enjoy it!
Lions Gate Entertainment Corp. (also known as Lions Gate Entertainment Corporation, and doing business as Lionsgate) is a Canadian-American entertainment company currently headquartered in Santa Monica, California. It was founded in Canada by Frank Giustra on July 10, 1997, and domiciled in Vancouver, British Columbia.
Up until 2024, Lionsgate owned film and TV businesses under its own umbrella. They have since been spun off into Lionsgate Studios, of which Lionsgate owns 87%.
Lionsgate was formed in 1997 by Frank Giustra, whose $16 million investment was augmented by $40 million from investors including Keyur Patel and Yorkton Securities' executives such as G. Scott Paterson. Giustra had recently retired as CEO from Yorkton, an investment bank, and Paterson was then president. Giustra then merged Lionsgate with Toronto Stock Exchange-listed Beringer Gold Corp. (founded in 1986) to take the company public. Beringer's mining assets were soon sold off.
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 (which became the present-day Lionsgate Films) and North Shore Studios (which became known as Lions Gate Studios, until its acquisition in 2006) 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.
On September 13, 2010, Lionsgate and Televisa formed a joint venture, Pantelion Films, to produce for the next five years eight to 10 films a year targeted for the U.S. Latin American market.
Lionsgate sold off its Canadian distribution unit, Maple Pictures, in September 2011 to Alliance Films.
Lionsgate announced on January 13, 2012, that it had acquired Summit Entertainment, producers and distributors of the Twilight Saga films, for $412.5 million. The two companies have planned on merging since 2008.[36] On October 6, 2012, Lions Gate Entertainment announced that Brian Goldsmith became the co-COO of the company and joining co-COO Steve Beeks. On November 18, 2012, Lionsgate announced it has passed over the $1 billion mark for the first time with the success of The Hunger Games and The Twilight Saga: Breaking Dawn - Part 2.
From January 2023, Lionsgate entered a movie distribution deal with Cineplex Pictures, a subsidiary of Toronto-based Cineplex Entertainment which will see the release of selected Lionsgate titles in Canada.[74]
In July 2023, Deadline reported that Lionsgate was a frontrunner to acquire Entertainment One from Hasbro. In August 2023, Lionsgate announced it would acquire the motion picture and television assets of Entertainment One from Hasbro for $500 million. Included among the assets are the trademarks of Maple Pictures, which Lionsgate divested to Alliance Films in 2011. The studio is expected to also pay $375 million in cash and $125 million in production financing loans related to the purchase. The acquisition was completed on December 27, 2023, and eOne would later rebrand as "Lionsgate Canada" the following year; re-establishing Lionsgate's Canadian roots.
In December 2023, Lionsgate revealed its plan to split its film and television assets with Starz following the completion of the company's acquisition of eOne. The company's Studios division will merge with Screaming Eagle Corp., a special-purpose acquisition company led by Eli Baker, to form a separate publicly traded company, Lionsgate Studios. The transaction sets a $4.6-billion value on Lionsgate Studios and the deal was closed on May 7, 2024. The company was launched on May 14, 2024 and it has been trading on Nasdaq via the stock symbol LION. Lionsgate will remain the controlling shareholder owning around 87 percent of Lionsgate Studios following the split until the end of the year.
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I do not own any of these rights in this video.
Lionsgate belongs to Lionsgate Entertainment.
4 окт 2024
