Lions Gate Pictures

Lions Gate Entertainment Corporation

Trading name	Lionsgate
Type	Public
Traded as	: LGF.A(voting) : LGF.B(non-voting) Russell 1000 Component
Industry	Entertainment Television broadcasting
Predecessor	Berringer Gold Corp. Artisan Entertainment Trimark Pictures
Founded	July 10, 1997; 20 years ago (1997-07-10) in Vancouver, British Columbia, Canada
Founder	Frank Giustra
Headquarters	2700 Colorado Avenue, Santa Monica, California, United States
Area served	Worldwide
Key people	Mark Rachesky (Chairman) Jon Feltheimer (CEO) Michael Burns (Vice Chairman)
Services	Film production Video on demand Entertainment Broadcast programming Digital distribution
Revenue	US$2.4 billion (2015)
Operating income	US$222.2 million (2015)
Net income	US$181.8 million (2015)
Total assets	US$3.292 billion (2015)
Total equity	US$842 million (2015)
Owners	Mark Rachesky (18.7%) John C. Malone (7.88%) Liberty Global (3.08%) Discovery Communications (3.08%) AT&T (~2%)
Number of employees	1,400+ (2017)
Divisions	Divisions Lionsgate Films Lionsgate Premiere Lionsgate Television Lionsgate Home Entertainment Lionsgate Records & Publishing Lionsgate Interactive Lionsgate Entertainment Lionsgate Media Codeblack Films
Subsidiaries	Subsidiaries Debmar-Mercury Summit Entertainment Primal Media Starz Inc. Anchor Bay Entertainment Manga Entertainment Pilgrim Studios Joint ventures: Celestial Tiger Entertainment Globalgate Entertainment Limelight Pictures Pantelion Films (49%) Roadside Attractions (45%) Sea to Sky Entertainment Pop (50%) Defy Media (31%) Tribeca Shortlist (50%) Laugh Out Loud Network (with HartBeat Digital) Elevation Sales (joint venture with StudioCanal UK) Potboiler Television
Website	lionsgate.com

Lions Gate Entertainment Corporation,doing business as Lionsgate, is an American, Canadian-domiciled, entertainment company. The company was formed on July 10, 1997, in Vancouver, British Columbia, Canada and is currently headquartered in Santa Monica, California.

In addition to its well-known Lionsgate Films division, which generated the seventh-highest gross revenue in North America in 2015, the company contains other divisions such as Lionsgate Television and Lionsgate Interactive. It owns a variety of subsidiaries such as the American film production company Summit Entertainment, and Debmar-Mercury, a television syndication company acquired by Lionsgate in 2006.

Lions Gate Entertainment Corporation (Lionsgate) was formed in 1997 by Frank Giustra and Avi Federgreen 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. Giustra had recently retired as CEO from Yorkton, an investment bank, and Paterson was then President. Giustra then merged Lionsgate with 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 (renamed as Lions Gate Films) and North Shore Studios (renamed Lions Gate Studios) 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.