With “The Hunger Games” and “Twilight” fueling Lionsgate's profits and stock price, the studio has rewarded its top execs with sharply increased pay. Lionsgate paid $28.2 million to vice chairman…
If 2012 was the year Lionsgate grew up, then 2013 will be the first year it has to prove itself in the big leagues.
Summit Entertainment and Lionsgate have agreed to walk down the aisle, combining the town's leading minimajors in a complex cash and stock deal worth $412.5 million.
Domestic Film DAILY
PROVIDED BY: Box Office
Guardians of the Galaxy
Guardians of the Galaxy1Daily:$1.6M Cumulative:$258.3M Disney 3.68%
Teenage Mutant Ninja Turtles
Teenage Mutant Ninja Turtles2Daily:$1.1M Cumulative:$150.7M Paramount Pictures -0.62%
If I Stay
If I Stay3Daily:$1.0M Cumulative:$20.6M Warner Brothers / New Line -0.71%
After years of wrangling, Lionsgate and Carl Icahn have reached a peace accord, with the billionaire investor selling his 33% stake in the company.
The war between Lionsgate and Carl Icahn has escalated as part of a proxy fight for control of the minimajor.
The long-awaited showdown between Lionsgate management and Carl Icahn has a date: Dec. 14.
The British Columbia Supreme Court has tossed out Carl Icahn's petition seeking to invalidate Lionsgate's $100 million debt-to-equity swap that reduced Icahn's stake to 33.5% from 38%.
Lionsgate's dialing up a campaign to persuade MGM's debtholders to choose its merger proposal rather than a rival reorganization plan that would leave Spyglass Entertainment toppers in charge.
Carl Icahn has amped up the battle over Lionsgate, filing suit over the recent $100 million debt-to-equity swap that reduced Icahn's stake to 33.5% from 37.3%.
Lionsgate is urging its shareholders to enact a poison pill provision that would make it far more difficult for Carl Icahn's hostile takeover to succeed.