January 29, 2015 2:52 PM ET

Media

Company Overview of Lions Gate Entertainment, Inc.

Company Overview

Lions Gate Entertainment, Inc. produces and distributes motion pictures content and television programs. The company was founded in 1976 and is based in Santa Monica, California. Lions Gate Entertainment, Inc. operates as a subsidiary of Lions Gate Entertainment Corp.

2700 Colorado Avenue

Suite 200

Santa Monica, CA 90404

United States

Founded in 1976

Phone:

310-449-9200

Fax:

310-255-3870

Key Executives for Lions Gate Entertainment, Inc.

Chief Executive Officer
Age: 62
Chief Strategic Officer and General Counsel
Age: 51
Co-Head of Worldwide Home Entertainment Operations
Co-Head of Worldwide Home Entertainment Operations
Co-Chief Operating Officer
Age: 57
Compensation as of Fiscal Year 2014.

Lions Gate Entertainment, Inc. Key Developments

Lions Gate Entertainment, Inc. Announces Executive Promotions

Lionsgate Entertainment Inc. announced that it has promoted Jim Packer and Ron Schwartz to be co-heads of its worldwide home entertainment operations. They will continue to report to the company Co-COO and Motion Picture Group President Steve Beeks. Packer willkeep his current title and responsibilities as President of Worldwide Television & Digital Distribution while Schwartz will serve as President of the company Home Entertainment, and the two executives will jointly run the company’s nearly $1 billion-a-year worldwide home entertainment operations. Packer's promotion follows his recent signing of a new long-term agreement with the company. Schwartz entered a new long-term deal with the company last year and has been upped from his previous position as President & General Manager of the company Home Entertainment Sales & Distribution. Schwartz and Packer will both assume expanded responsibility for crafting the marketing strategies of the company’s Home Entertainment Group worldwide, maintaining the company's uniquely integrated focus on digital and physical media as well as planning and executing strategic initiatives to capitalize on emerging opportunities in the global home entertainment marketplace.

Lions Gate Entertainment Inc. Commences Consent Solicitation from Note Holders

Lions Gate Entertainment Inc. announced that on June 14 commenced a consent solicitation from holders of its outstanding $436 million 10.25% senior secured second-priority notes due 2016 to amend the indenture governing the 2016 notes. The proposed amendments would enable the company to issue new notes that would be secured on an equal and ratable basis with the 2016 notes in an amount of up to $400 million, according to a Form 8-K filed June 14. Subject to receipt of the required consents in the consent solicitation, the company is considering a private offering of up to $400 million of the new notes. The company expects to use the net proceeds from the new note offering to repay a portion of the outstanding borrowings under its $800 million senior revolving credit facility and for other general corporate purposes. Further, the proposed amendments and the new note offering will provide Lions Gate Entertainment Inc. with additional flexibility in its plan to call the 2016 notes, which are redeemable at 105.125% of the principal amount thereof. Lions Gate Entertainment Inc. intends to redeem the 2016 notes on or about November 1. In the consent solicitation, Lions Gate Entertainment Inc. is offering to pay $2 in cash per $1,000 principal amount of the 2016 notes to each note holder.

Similar Private Companies By Industry

Company Name Region
Indigenous Media LLC United States
IQ PR, Inc. United States
Bay Windows Inc. United States
ETF Radar United States
Index Publications, LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Lions Gate Entertainment, Inc., please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.