Ira Bernstein and Mort Marcus have set new employment contracts with Liongate to remain at the helm of the busy Debmar-Mercury syndication outfit as co-presidents.
Debmar-Mercury was acquired by Lionsgate in 2006 but has operated autonomously from the rest of Lionsgate’s TV operation. Bernstein and Marcus, both syndic biz veterans, formed the company in 2004 when they merged their respective indie shingles.
“Mort and Ira are fantastic partners and we’re proud to extend our alliance with them for many years to come,” said Lionsgate CEO Jon Feltheimer. “They have built a visionary and entrepreneurial company that is the gold standard in television distribution and production, and they are an integral part of the continuing growth, diversification and scalability of our global television operations.”
The pair’s long-term contracts were unveiled Wednesday during the National Association of Television Program Executives gathering in Miami. Debmar-Mercury on Tuesday announced renewals for its strips “The Wendy Williams Show,” a growing success in daytime TV, and game show “Celebrity Name Game,” heading into its third season next year.
“Lionsgate has been a great fit for us from the start a decade ago – largely due to the innovative and entrepreneurial spirit Jon created here that still exists today,” said Marcus and Bernstein said. “By operating smartly and nimbly, Lionsgate has achieved tremendous growth and we’re proud to have been able to play a part in that. With everything in store, we look forward to many more successes to come in the years ahead.”
(Pictured: Ira Bernstein, Mort Marcus)