Lionsgate is the leading independent filmed entertainment studio with a strong and diversified presence in motion pictures, television programming, home entertainment, family entertainment, video-on-demand and digital distribution of content. Under the leadership of Chief Executive Officer Jon Feltheimer and Vice Chairman Michael Burns, Lionsgate has successfully executed a business plan that has included the successful acquisition and integration of Artisan Entertainment, Trimark Holdings Ltd., Redbus Film Distributors, Debmar-Mercury and Mandate Pictures as well as strategic investments in Break.com, Roadside Attractions and several other filmed entertainment companies. Over the past eight years, Lionsgate has grown its annual revenues from $184 million in fiscal 2000 to approximately $1.2 billion anticipated in fiscal 2008, has increased its market capitalization from approximately $80 million to nearly $1.5 billion, has grown its domestic theatrical box office market share from 0.4% to nearly 4% and grown DVD market share from 2% to nearly 7%. Television revenues have increased from $8 million in fiscal 2000 to $119 million in fiscal 2007, with further growth to approximately $200 million expected this year, a compound annual growth rate of more than 50%. Feltheimer and Burns, who engineered Lionsgate's recapitalization in December 1999, joined the Company as CEO and Vice Chairman, respectively, in March 2000. With senior management signed to new long-term agreements, Lionsgate is positioned to continue successfully executing its business plan of continued organic growth of the Company's core motion picture, television and packaged media businesses while beginning the process of leveraging its content into new digital media platforms that represent an important element of Lionsgate's future. Throughout its evolution, Lionsgate has built one of the most prolific and prestigious libraries in the filmed entertainment business through a combination of organic growth and accretive acquisitions. With nearly 12,000 titles, including such evergreen hits as Dirty Dancing, Reservoir Dogs, Terminator 2, Basic Instinct, Total Recall, The Blair Witch Project, the Saw franchise, Crash, Monster's Ball, the smash television series Weeds and the Tyler Perry catalogue, the Lionsgate library generates more than $250 million annually in recurring revenue and approximately $90 million a year in positive free cash flow, covering the Company's corporate overhead and serving as a foundation for the disciplined growth of its core businesses. The stability and reliability of library cash flow differentiates Lionsgate from its independent competitors and provides the Company with the foundation for continuing to grow its motion picture pipeline without taking the larger budget risks common throughout the industry.
Official Site: http://www.lionsgate.com
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