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Lions Gate Entertainment (1997)

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  Summary  

Lions Gate Entertainment Corporation is a North American entertainment company. The company was formed in Vancouver, British Columbia in 1997, and is headquartered in Santa Monica, California. As of 2011, it is the most commercially successful independent film and television distribution company in North America.

  Biography  

Lionsgate was founded in 1997 by Frank Giustra, a Canadian investment banker hoping to capitalize on the growing film industry in his home town. The company bought a number of small production facilities and distributors, including Montreal-based Cinépix Film Properties also known as Cinéxus-Famous Players Distribution, Trimark Pictures, Mandate Pictures and, most notably, Artisan Entertainment .

They had sold off their Canadian distribution rights to Maple Pictures, founded and co-owned by two former Lionsgate executives, Brad Pelman and Laurie May. Recently, Lionsgate sold their subsidiary Maple Pictures to film distributor Alliance Films, which is based in Montreal, Canada.

Its first major box office success was American Psycho in 2000, which began a trend of producing and distributing films too controversial for the major American studios. Other notable films included Affliction, Gods and Monsters, Dogma, Saw and the Michael Moore documentary Fahrenheit 9/11, which became the studio's highest grossing film.

Lionsgate had played a significant role in the co-financing and co-partnership with Relativity Media on its films until 2010 when the latter company split from its deal with Lionsgate to form its own self-distribution unit.

In 2006, Lionsgate acquired the American television production and syndication company Debmar-Mercury. This studio is recognized for its role in a number of daytime TV programs.

In 2007, Lionsgate bought a partial stake in independent film distribution company Roadside Attractions.

Lionsgate, along with MGM and Paramount Pictures/Viacom, is also a co-owner of Epix, a new pay TV movie channel which debuted on October 30, 2009 on Verizon FiOS IPTV systems, that will rival HBO and Showtime. Lionsgate also stated they would be starting work in music albums.

The distribution of selected recent non-in-house films for pay-per-view and on-demand are under the supervision of NBCUniversal Television Distribution under Universal Pictures , while all others (particularly the in-house films) are distributed for both cable and broadcast television through Lionsgate's syndicated division.

Lionsgate's library of movies and TV shows can be seen on digital platform Hulu.

 Confusion with Robert Altman's company

Contrary to some assumptions, Lionsgate has no relation to the now-defunct, Los Angeles-based studio and production company run by filmmaker Robert Altman in the 1970s, which the director called Lion's Gate Films. However, both companies take their name from the same landmark: the entrance to Greater Vancouver's harbour, the Lion's Gate, and the famed Lions Gate Bridge that spans it. The view from the bridge includes the distant Lions, a pair of mountain peaks north of Vancouver, where Altman shot his 1969 feature, That Cold Day in the Park.

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Whole or part of the information contained in this card come from the Wikipedia article "Lionsgate", licensed under CC-BY-SA full list of contributors here.