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| Type | Public (NYSE: LGF) |
|---|---|
| Founded | Vancouver, British Columbia, Canada (1997) |
| Headquarters | Santa Monica, California, USA [1] |
| Key people | Frank Giustra (founder) Jon Feltheimer (CEO) Steve Beeks (President) Michael R. Burns (Vice Chairman) |
| Industry | Entertainment |
| Products | Motion Pictures, television programming, home video, family entertainment, video-on-demand, digital distribution |
| Revenue | ▲$976.74 million USD (2007) [2] |
| Operating income | ▲$41.944 million USD (2007) |
| Net income | ▲$27.479 million USD (2007) |
| Website | www.lionsgate.com |
Lions Gate Entertainment Corp., (often rendered as the logo LIONSGATE or "Lionsgate"), (NYSE: LGF) is a Canadian entertainment company that originated in Vancouver, British Columbia, Canada.[1][2] As of 2007, it is the most commercially successful independent film and television distribution company in North America.[3]
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Lions Gate Films was formed in 1997 by Frank Giustra, a Vancouver investment banker hoping to capitalize on the growing film industry in his home town. The company bought a number of small production facilities and distributors, including Montreal-based Cinepix Film Productions, or CFP.
Its first major box office success was American Psycho in 2000, which began a trend of producing and distributing films far too controversial for the major American studios. Other notable films include included Affliction, Gods and Monsters, Dogma, and the Michael Moore documentary Fahrenheit 9/11, which became the studio's highest grossing film.
Lionsgate (now known as one word), along with MGM and Paramount Pictures/Viacom, will launch a new pay TV movie channel, that will rival HBO and Showtime.[4]
Giustra named the company after a hometown landmark - Vancouver's Lions' Gate Bridge, which links downtown to the North Shore.
The company is unrelated to Lion's Gate, the now-defunct Los Angeles-based studio and production company run by filmmaker Robert Altman in the 1970s. Coincidentally, it had been named after the same bridge in Vancouver, where Altman shot his 1969 feature, That Cold Day in the Park.
Lionsgate Television produced such series as The Dead Zone, Five Days to Midnight, Weeds and the Emmy Award-winning Mad Men. Lionsgate also recently acquired TV syndication firm Debmar-Mercury.
Has a home video library of more than 8000 films (many the result of output deals with other studios), including such titles as Dirty Dancing, Joshua Tree (1993 film), Total Recall, On Golden Pond and the Rambo series. Lions Gate also distributes Will & Grace and other NBC programs, Mattel's Barbie-branded videos and Clifford the Big Red Dog videos from the Scholastic Corporation.
Video properties currently owned by Lionsgate Home Entertainment include those from Family Home Entertainment, Vestron Video, Lightning Video (itself a Vestron company), and Magnum Entertainment.
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