Dealmakers Impact Report 2012: Corporate Strategists
Goldsmith and Levin work in tandem at Lionsgate, where they played big roles in its acquisition of Summit Entertainment in January and also lined up an $800 million revolving credit facility in September. “When a deal comes first into Lionsgate, Brian and I look at it very closely to make sure it is a good fit strategically,” says Levin. Once transactions pass initial muster, Goldsmith focuses on finances while Levin separately delves into structural issues. On the hefty $800 million credit facility, Goldsmith points out that the company has ample collateral and a history of successful financings via multiple avenues, so it’s well known in the financial community. “That goes a long way in our business,” says Goldsmith. “It’s the strength of your relationships.” The duo also worked on a secondary stock offering in 2011, high-yield debt offerings in 2009-11, the sale of Lionsgate’s Canadian theatrical distributor Maple Pictures in 2011, the 2009 acquisition of TV Guide Network and Lionsgate’s partnership (with Viacom/Paramount and MGM) in launching the Epix premium pay TV movie service. Both report to Lionsgate’s CEO Jon Feltheimer and today their offices are next to each other, though that wasn’t the case on the first deal they did together. In 2007, Goldsmith negotiated the sale of Mandate Pictures, which Lionsgate bought, with Levin sitting on the other side of the table.
Outside the Office: Goldsmith is a fan of L.A.’s least-exalted NBA team, the Clippers. Levin attended every UCLA home football game for two years and travels to Dallas to see Cowboys games.
Top cause: Goldsmith supports Upward Bound House, a provider of shelter and counseling for the homeless in Santa Monica. Levin is a trustee and adjunct professor at Southwestern U. Law School.