Lions Gate Films

Domestic distribution report

B.O. cume: $142 million

Toppers: Tom Ortenberg, prexy, LGF Releasing; Peter Block, prexy, acquisitions, TV & co-productions; Mike Paseornak, prexy, production

Upcoming releases: “Lord of War” (Sept. 16), “Waiting” (Oct. 7), “Saw II” (Oct. 28), “Three Extremes” (Oct. 28), “In the Mix” (Nov. 23), “Hard Candy” (Dec. 23)

Analysis: The indie giant more than doubled its revenues in fiscal 2005 with low-budget hits “Saw,” “Open Water” and “Fahrenheit 9/11.” It also is making good on its commitment to urban films: The company turned “Diary of a Mad Black Woman” into a mainstream success; it will release African-American comedy “In the Mix” this Thanksgiving; and recently pacted with LL Cool J on a multipic deal. But the “anti-studio,” as execs like to call Lions Gate, got its biggest boost with the wide release of the racially-charged “Crash.” The risky distribution strategy pushed the pic past $52 million, making it not only the most successful Lions Gate film this year, but also the most critically acclaimed and its hottest Oscar contender. Summer’s other pics, “High Tension,” “Rize” and “Happy Endings” failed to follow suit.

Meanwhile, the company is committed to cashing in on its triumphs. The sequel to horror-thriller “Saw” hits theaters this fall, and the company inked a deal with Marvel to produce “Iron Fist,” “The Black Widow” and a “Punisher” follow-up.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Film News from Variety

Loading