The move reflects the growth of television operations at Lionsgate, where Stern has been chief operating officer of TV since 2005, working alongside Kevin Beggs, chairman of Lionsgate TV Group. Stern oversees all business and legal affairs for the TV studio, and is tasked with strategic planning of distribution options for programming in the multiplatform arena. She reports to Beggs.
Stern is a longtime associate of Lionsgate CEO Jon Feltheimer, having worked with him during his years at Columbia TriStar TV and at New World Television. She joined Lionsgate as exec VP of business and legal affairs in 2003.
“Sandra and Kevin Beggs have complementary business and creative skills that make them a tremendous team in building our television business into one of the financial and strategic pillars of our Company,” said Feltheimer. “Sandra is one of the key executives moving our company forward, and her dealmaking skills, industry acumen and talent relationships are helping to elevate our Television Group to the next level of performance.”
Lionsgate active roster includes Netflix’s “Orange Is the New Black,” E!’s “The Royals,” WGN America’s “Manhattan,” ABC’s “Nashville” and high-profile new series headed for Hulu (“Casual”), OWN (“Greenleaf”) and Epix (“Graves”).
Lionsgate noted that its TV operations have grown from $8 million in revenue in 2000 to $600 million in 2014.
Said Beggs: “Sandra is a skilled negotiator with a tremendous grasp of where our industry is headed, and I couldn’t ask for a more talented, dedicated and innovative partner.”