31 Facts About Lionsgate


Lions Gate Entertainment Corporation, doing business as Lionsgate, is a Canadian-American entertainment company.

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Lionsgate 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.

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Lionsgate then began a series of acquisitions to get into the film industry.

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Lionsgate bought a number of small production facilities and distributors, starting with Montreal-based Cinepix Film Properties and North Shore Studios in Vancouver, British Columbia.

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Lionsgate instead made its next acquisition of Termite Art Productions, a reality-based television production company, for $2.

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In January 1999, Roman Doroniuk was named president and chief operating officers of Lionsgate, which led to the corporation's financial operations being moved in April to Doroniuk's offices in Toronto, Ontario while corporate headquarters remained in Vancouver, British Columbia.

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Lionsgate created US based Avalanche Films and acquired half of Sterling Home Entertainment, both in video sales.

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Lionsgate continued making acquisitions during the decade to boost distribution and its film library.

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Lionsgate partnered with Panamax Films in 2005 to make movies for the Latino market which only produced two films.

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On October 17,2005, Lionsgate acquired UK company Redbus Film Distribution for $35 million and became Lionsgate UK on February 23,2006.

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On July 26,2007, Lionsgate bought a partial stake in independent film distribution company Roadside Attractions.

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Lionsgate cut back its slate of films per year by four in February 2009.

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Lionsgate sold off its Canadian distribution unit, Maple Pictures, in September 2011 to Alliance Films.

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Lionsgate announced on January 13,2012, that it had acquired Summit Entertainment, producers and distributors of the Twilight Saga films, for $412.

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On December 23,2013, Lionsgate announced they have crossed over $1 billion domestically and internationally for the second year in a row with the success of The Hunger Games: Catching Fire, Now You See Me, Instructions Not Included, and Kevin Hart: Let Me Explain.

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In 2015, Lionsgate took over the distribution functions for CBS Films, the film division of CBS Corporation.

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On July 13,2016, Lionsgate acquired a minority stake in British unscripted television production startup company Primal Media.

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In 2018, Lionsgate's newly launched digital content unit, Studio L, announced its first slate.

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In January 2018, it was reported that Lionsgate was being subject to a bidding war for a possible acquisition, with Amazon.

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Viacom and Lionsgate were both interested in acquiring The Weinstein Company.

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In July 2021, Lionsgate purchased a 20 percent equity stake in Spyglass Media Group and acquired the catalogue of The Weinstein Company from Spyglass.

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Lionsgate Films decided to create two home video labels: Avalanche Home Entertainment, which released smaller Canadian B-movies on video and DVD; and Sterling Home Entertainment, which released American low-budget movies on video and DVD in the late 1990s.

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In June 2000, Lionsgate purchased Trimark Pictures and its in-house home video unit.

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In 2003, Lionsgate acquired Artisan Entertainment, thus expanding Lionsgate's home video library.

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Lionsgate's movies are released on DVD and Blu-ray as well as on the PSP through Universal Media Disc.

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Until 2012, Lionsgate distributed most of the theatrical properties held by Republic Pictures on DVD under license from Paramount Pictures.

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On December 8,2016, Lionsgate acquired Starz Inc making Lionsgate the parent company of the North American branches of Anchor Bay Entertainment and Manga Entertainment.

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Lionsgate Entertainment World is an indoor interactive experience centre based on Lionsgate's blockbuster films, such as The Hunger Games, The Divergent Series and Now You See Me, is set to open on Hengqin, Zhuhai, China in the first half of 2019.

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The Lionsgate project is an investment by Hong Kong conglomerate Lai Sun Group and designed and produced by Thinkwell Group.

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On September 5,2019, Great Point Capital Management signed a deal with Lionsgate to build a new production facility in Yonkers, New York, with Lionsgate becoming a long-term anchor tenant and investor.

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Lionsgate Television produced such series as Nashville, Anger Management, The Dead Zone, 5ive Days to Midnight, Weeds, Nurse Jackie, Boss, Tyler Perry's House of Payne and the Emmy Award-winning Mad Men.

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