lions gate entertainment cor (LGF) Key Developments
Lions Gate Entertainment Partners With China's Hunan TV to Make and Distribute Films
Jan 28 15
Lions Gate Entertainment (LGF) announced that it has agreed to a deal with China's Hunan TV & Broadcast Intermediary to jointly invest $1.5 billion over the next three years to produce and distribute both U.S. and Chinese motion pictures.
Lions Gate And Sony May Get In Talks For A Merger
Dec 17 14
Lions Gate Entertainment Corp. (NYSE:LGF) executives last summer tried to meet with Kazuo Hirai, Chief Executive Officer of Sony Corporation (TSE:6758) to discuss a possible merger or acquisition, according to emails found in documents stolen by hackers.
Lionsgate Announces Quarterly Cash Dividend, Payable on February 6, 2015
Dec 15 14
Lionsgate announced that its Board of Directors has declared another quarterly cash dividend of seven cents ($0.07) per common share. The dividend is payable on February 6, 2015 to shareholders of record as of December 31, 2014.
Sean Kisker Promotes to Chief Strategy Officer and General Manager of the Lionsgate Motion Picture Group
Dec 11 14
Lionsgate promoted Sean Kisker to the newly-created position of Chief Strategy Officer and General Manager of the Lionsgate Motion Picture Group. In his new capacity, Mr. Kisker also becomes a key member of the Company's franchise management team headed by Lionsgate Chief Marketing Officer Tim Palen. Mr. Kisker previously served as General Manager of the Motion Picture Group, overseeing film financing and partnerships, financial transactions within the Company's motion picture business, strategic investments and slate planning. Prior to that, he was Executive Vice President of Strategic Planning & Operations.
Starz Plummets Because Absolutely No One Wants to Buy It
Dec 4 14
Starz (NasdaqGS:STRZ.A) is considering alternatives to a sale as it is not able to find the buyer. CBS Corporation (NYSE:CBS), Lions Gate Entertainment Corp. (NYSE:LGF), AMC Networks Inc. (NasdaqGS:AMCX) and Twenty-First Century Fox, Inc. (NasdaqGS:FOXA) were among companies that considered acquiring Starz, but prospective buyers determined that the asking price was too high, Bloomberg News reported. Having failed to secure a buyer, Starz may seek alternative investments as well as partnerships with U.S. or European media companies, Bloomberg reported.