Lionsgate is refinancing $450 million of its existing high-yield debt in a move that will save over $20 million annually in interest expense. The studio made the announcement Monday in an 8-K filing…
Citing expected strong performance from Lionsgate's "The Hunger Games" franchise, Standard and Poors rating agency has raised the studio's credit rating to B Plus from B with a stable outlook.
Lionsgate stock jumped to an all-time high on strong earnings with the studio touting its ability to create young adult franchises such as "Divergent," as well as the "Red" and "Expendables"…
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The makers of a parody of the "Twilight" franchise have filed a whopping $500 million suit against Lionsgate and Summit Entertainment, claiming that they have engaged in "anti-competitive" conduct by…
Citing cost savings, Lionsgate has consolidated media buying for the Lionsgate and Summit film labels into the Mindshare agency following a four-month review.
The combined Lionsgate/Summit will condense its slate to 14-15 films annually after it clears this year's 20-film backlog created by the merger, CEO Jon Feltheimer told analysts in a Tuesday call…
If 2012 was the year Lionsgate grew up, then 2013 will be the first year it has to prove itself in the big leagues.
Lionsgate has paid off its $500 million Summit term loan four years early, spiking its stock to record highs.
Layoffs at Summit Entertainment began this week, in the wake of its acquisition by Lionsgate, and those cut will include a handful of senior execs including TV distribution head Alex Fragen and home…
How the Summit-Lionsgate merger plays out overseas will be interesting both in terms of its foreign sales operation and Summit's existing output deals across a raft of territories.
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.