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Author Topic:   Lionsgate
DavidChang
Director

Posts: 887
From:Toluca Lake, California
Registered: Apr 2000

posted March 23, 2012 03:28 PM     Click Here to See the Profile for DavidChang   Click Here to Email DavidChang     Edit/Delete Message   Reply w/Quote
Here's a new Lionsgate thread. Lots of news coming after the success of "The Hunger Games"

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DavidChang
Director

Posts: 887
From:Toluca Lake, California
Registered: Apr 2000

posted March 26, 2012 01:01 PM     Click Here to See the Profile for DavidChang   Click Here to Email DavidChang     Edit/Delete Message   Reply w/Quote
'Hunger Games' Sequel TV Rights Snapped Up by ABC Family

On the heels of the $152 million opening weekend of "The Hunger Games," ABC Family has announced it has acquired the rights to be the basic cable TV home of the movie's upcoming sequel "Catching Fire."

The network acquired the TV rights to "The Hunger Games" earlier this month. ABC Family will begin airing the franchise in 2014.

The announcement comes on the heels of the movie's huge opening box office weekend, the third highest-grossing opening weekend of all time.

"It's an understatement to say that we are thrilled to add the first two films of 'The Hunger Games' franchise to our channel lineup," ABC Family president Michael Riley said. "This tremendous opening weekend reinforces what we have already learned -- a powerful heroine, themes of romance and iconic characters will keenly resonate with our Millennial audience. This franchise will continue to enhance our network for years to come."

"The Hunger Games," based on Suzanne Collins' bestselling trilogy of books, follows ABC Family's acquisition of the "Harry Potter" films, another series of movies adapted from a young adult-friendly series of bestselling books.

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a
A-List Writer

Posts: 609
From:a
Registered: Aug 2001

posted March 26, 2012 02:01 PM     Click Here to See the Profile for a   Click Here to Email a     Edit/Delete Message   Reply w/Quote
Unbelievable box office for "Hunger Games". It did in one day (Friday) what John Carter has done to date. Crazy. I thought it was very entertaining - about as good an adaptation as can be expected for a Hollywood event film. Here is the most hilarious review I have read - from a Finnish film critic in love with Jennifer Lawrence...
http://mankabros.com/blogs/btp/2012/03/23/the-hunger-games-review/


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DavidChang
Director

Posts: 887
From:Toluca Lake, California
Registered: Apr 2000

posted March 26, 2012 02:17 PM     Click Here to See the Profile for DavidChang   Click Here to Email DavidChang     Edit/Delete Message   Reply w/Quote
The final North American box office tally for Lionsgate’s The Hunger Games is $152,535,747, down slightly from Sunday’s studio estimate of $155 million. It remains the third-highest opening of all time, and the best opening of all time outside the summer tentpole season.

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DavidChang
Director

Posts: 887
From:Toluca Lake, California
Registered: Apr 2000

posted March 27, 2012 01:59 PM     Click Here to See the Profile for DavidChang   Click Here to Email DavidChang     Edit/Delete Message   Reply w/Quote
The billionaire activist investor would have been $345M richer if he had held on to his Lionsgate stock — which closed today at $14.22 per share — instead of selling the bulk of his holdings late last year for about $7 per share. At one point he owned 33% of Lionsgate. But he shrugged off his miscall in an interview this afternoon on CNBC. “You can’t win ‘em all,” he said. “I sent those guys an email congratulating them” following Lionsgate’s success this weekend with The Hunger Games. “You know, it’s very hard to pick stocks, but it’s impossible to pick the right movie. When it was $7 — unless Lionsgate had that big hit — there would be problems, I thought. Obviously we were wrong.” No need to feel sorry for Icahn. His portfolio appreciated 35% last year. “We are pretty proud of our performance,” he says. But if he had held on to Lionsgate, it would have been up 37%, he says. The stock has appreciated 70.9% since the end of 2011.

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DavidChang
Director

Posts: 887
From:Toluca Lake, California
Registered: Apr 2000

posted April 19, 2012 02:42 PM     Click Here to See the Profile for DavidChang   Click Here to Email DavidChang     Edit/Delete Message   Reply w/Quote
"The Hunger Games" will finally cede control of the No. 1 spot at the box office this weekend, though it's unclear to which contender.

Both the romantic tear-jerker "The Lucky One" and the ensemble comedy "Think Like a Man" are poised to open to around $20 million, according to those who have seen pre-release audience surveys.

Meanwhile, after four weeks in the lead position, "The Hunger Games" is expected fall behind with a weekend gross of between $10 million and $15 million. The blockbuster, based on Suzanne Collins' popular book, has already collected $341 million.

The third new film hitting theaters this weekend, the nature documentary "Chimpanzee," will likely start with under $10 million.

Not surprisingly, "The Lucky One" is appealing strongly to young females — the fan base for its star, Zac Efron. Based on a Nicholas Sparks novel, the movie features the 24-year-old actor as a marine trying to track down the female subject of a photograph he believes kept him out of harm's way during wartime. The picture, which has earned tepid reviews, was financed by Warner Bros. and Village Roadshow for around $25 million.

Efron rose to stardom after the success of the "High School Musical" franchise, which began with two television movies and later spawned a feature film that grossed $90 million domestically. The teen pinup's most successful big-screen turn came in another musical, 2007's "Hairspray," which raked in $119 million.

His more recent efforts to tackle more serious fare have been less well received: the weepy 2010 release "Charlie St. Cloud," about a young man struggling to come to grips with his brother's death, grossed only $31 million.

But this time, Efron has Sparks on his side. "The Lucky One" is the seventh of the author's books to be adapted for the big screen, and Sparks' saccharine tales of romance have proven to be reliable successes at the box office. His biggest hit has been 2010's "Dear John," starring Channing Tatum and Amanda Seyfried, which took in $80 million.

"Think Like A Man" is also based on literature — a relationship advice book penned by comedian Steve Harvey. The actor stars in the film about five couples as part of an ensemble cast that includes Kevin Hart and Regina Hall. Sony's Screen Gems label spent about $13 million to produce the film.

Aimed at an African American audience, "Think Like A Man" is expected to perform best in cities such as Atlanta and Memphis. The movie should start with at least $15 million more than the comedy "Jumping the Broom" — which also featured an ethnically diverse group of actors — debuted with last May. That movie ultimately collected $37 million.

"Chimpanzee," which follows a baby chimp and his family over the course of four years, is the fourth production from Walt Disney Studios' Disneynature. The division, which produces inexpensive documentaries about nature and wildlife, has yet to see one of its films open to more than $10 million or gross more than $32 million.

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DavidChang
Director

Posts: 887
From:Toluca Lake, California
Registered: Apr 2000

posted April 25, 2012 04:39 PM     Click Here to See the Profile for DavidChang   Click Here to Email DavidChang     Edit/Delete Message   Reply w/Quote
Lionsgate has decided to solve one of the thorniest staffing problems resulting from its acquisition of "Twilight" studio Summit Entertainment by keeping the marketing chiefs from both studios.

Tim Palen, Lionsgate's chief marketing officer who is coming off of the blockbuster success of "The Hunger Games," has signed a new deal that will keep him in his job through 2015.

However, the studio is also keeping Nancy Kirkpatrick in her current job as president of marketing for Summit, which is now a Lionsgate label.

The unusual arrangement comes after months of speculation within the company and throughout Hollywood over what Lionsgate would do with the duo. It has already merged every other department from the two studios and chosen an executive from one or the other to be in charge. Erik Feig of Summit is now the sole president of production, for instance, while Lionsgate's Steve Beeks oversees their combined home entertainment units.

Palen, a photographer who takes many of the pictures and designs some of the art for Lionsgate's advertisements, is well respected in the community and said to be a favorite of Chief Executive Jon Feltheimer. Kirkpatrick joined Summit along with its former chief Rob Freidman, now co-chair of Lionsgate's motion picture group, and remains close to him. Both previously worked together at Paramount Pictures.

People close to Lionsgate who were not authorized to speak publicly said the two did not want to share a "co-president" title.

Going forward, Palen will oversee the marketing for movies that were already in the works at Lionsgate, including the upcoming "What to Expect When You're Expecting," "Expendables 2" and next year's "Hunger Games" sequel "Catching Fire."

Kirkpatrick will handle marketing for movies that were in development at Summit before it was acquired by Lionsgate, including November's final "Twilight" film, "Breaking Dawn Part 2," as well as "Step Up Revolution" and next year's "Ender's Game," based on the classic science-fiction book.

It remains to be seen how the two will work together once the movies Summit already had in the works before the merger have all been released and Lionsgate has only one movie slate. Given his new contract and chief marketing officer title, however, Palen appears more likely to retain the top marketing job.

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DavidChang
Director

Posts: 887
From:Toluca Lake, California
Registered: Apr 2000

posted June 11, 2012 03:20 PM     Click Here to See the Profile for DavidChang   Click Here to Email DavidChang     Edit/Delete Message   Reply w/Quote
The Season 5 finale of AMC’s Mad Men drew 2.7 million viewers last night, making it the most-watched season ender ever for the Emmy-winning drama. The total was up 11% compared with the fourth season’s final episode. Sunday’s numbers included 1.2 million viewers in the adults 18-49 demo, an 11% gain. In all, the fifth season was Mad Men‘s most-watched to date with an average of 2.6 million viewers — up 15% over last season’s average, and up 17% in 18-49. Meanwhile, HBO’s True Blood premiered its fifth season to 5.2 million viewers at 9 PM, down 4% from the Season 4 premiere but up 3% from the Season 4 finale. For the night, the vampire drama drew 6.3 million viewer across two airings, down 3% from last year. Also on Sunday, the second episode of A&E’s drama Longmire grew 22% in 18-49 demo while matching the 4.1 million viewers who watched the season premiere last week.

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fred
A-List Writer

Posts: 8282
From:Redmond, WA
Registered: Apr 2000

posted November 17, 2014 01:35 PM     Click Here to See the Profile for fred   Click Here to Email fred     Edit/Delete Message   Reply w/Quote
Lionsgate and Tribeca team up for new video streaming service

The list of upcoming Internet subscription video sites keeps getting longer. Film studio Lionsgate and entertainment firm Tribeca Enterprises have teamed up to create an online streaming video service, the companies said on Monday. The on-demand service, which is expected to launch in the first half of next year, will include movies from Lionsgate and Tribeca, as well as titles from other companies. Lionsgate and Tribeca did not say what they will charge subscribers. This is the latest in a flurry of announcements in the Internet video landscape. Last week, Time Warner Inc.'s pay-TV network HBO said it will launch a streaming service for people who don't pay for a cable or satellite TV package. CBS has said it will launch an Internet video offering that will cost $5.99 a month.

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fred
A-List Writer

Posts: 8282
From:Redmond, WA
Registered: Apr 2000

posted November 17, 2014 02:16 PM     Click Here to See the Profile for fred   Click Here to Email fred     Edit/Delete Message   Reply w/Quote
Does Alibaba Plan To Take Control Of Lionsgate?

Lionsgate shares rose 5.3% to $33.00 today after The New York Post reported that the Chinese e-retail giant is eager to buy Mark Rachesky’s 37.4% stake in the independent studio. Although Lionsgate isn’t commenting, there’s enough in the wind to make the scenario plausible. Alibaba is flush with cash after its record-setting $25B IPO last month — and founder Jack Ma will be in Hollywood next week to talk with different studios. He already knows Lionsgate: Alibaba partnered with the studio this summer when they launched their Chinese subscription streaming service, Lionsgate Entertainment World, which features the studio’s movies and TV shows. And Rachesky, a hedge fund investor, might be eager to sell. The former protege of activist investor Carl Icahn broke with his mentor when he tried to buy Lionsgate. Rachesky also bought in, and he became Lionsgate chairman. But there’s always a question of price. Based on today’s closing price, Rachesky’s stake is worth about $1.7B. The company probably would not want a sale for less than $50 a share, Wunderlich Securities’ Matthew Harrigan says, but Rachesky “may have more of a trader mentality” and be willing to settle for less.

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indiedan
A-List Writer

Posts: 8508
From:Santa Monica
Registered: May 2000

posted November 17, 2014 02:46 PM     Click Here to See the Profile for indiedan   Click Here to Email indiedan     Edit/Delete Message   Reply w/Quote
Lionsgate Likes Cozying Up To Alibaba, But Won’t Discuss Sale Chatter

Lionsgate execs wouldn’t bite when analysts invited them to address the most important question facing the independent studio: Whether there’s anything to the report that its largest investor, co-chairman Mark Rachesky, is considering selling his 37.4% stake to Alibaba. But they don’t seem to mind having a closer relationship with the Chinese e-retail colossus — its partner there in a new subscription streaming service, Lionsgate Entertainment World, which features the Lionsgate’s movies and TV shows. “We’ve shown with our relationship with Televisa, with Canal Plus and Studio Canal that having interesting partners in other territories can be a benefit,” CEO Jon Feltheimer said this morning in the company’s quarterly earnings call. “It doesn’t need to be on an equity basis. You’re going to see me spending a lot of time in China at the beginning of next year….Certainly equity always encourages people to do other strategic things with you. But at the end of the day I think it’s just a way of creating partnerships.” He added that the studio is “in discussions with several other prospective partners for additional online branding platforms” similar to the streaming one with Alibaba, but didn’t elaborate.

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