Lionsgate ups Goldsmith to co-COO

Exec to serve alongside Steve Beeks

Lionsgate has named Brian Goldsmith, a key player in the acquisition of Summit, co-chief operating officer alongside Steve Beeks, to spearhead corporate development for the studios growing platform of channels and digital projects.

He reports to Lionsgate CEO Jon Feltheimer on corporate management issues and will continue working closely with vice chairman Michael Burns and general counsel Wayne Levin on M&A and capital structure initiatives, including corporate and project financings.

Goldsmith played a key role in arranging Lionsgate’s recent $800 million revolving credit facility, its October, 2011 secondary equity offering, and its two high yield debt offerings.

Along with the Summit Entertainment deal, he was also instrumental in Lionsgate’s sale of Canadian distributor Maple Pictures to Alliance Films, and the 2009 acquisition of TV Guide Network. He has also played a significant role in overseeing Lionsgate’s partnerships with Viacom and MGM in the Epix channel, Sony and Comcast in the FEARnet channel and the launch of Celestial Tiger Entertainment in Asia with partners Saban Capital and Astro’s Celestial Pictures.

“Brian played a leadership role in many of the initiatives that made 2012 a transformative year for us,” said Feltheimer and Burns. “His management of our channel partnerships, digital platforms and joint ventures will be a key ingredient of our continued growth.”

Before his promotion, Goldsmith had served as exec VP of corporate development and strategy since 2008. Prior to that, he was COO and CFO of Mandate Pictures and its predecessor company Senator International. He joined Lionsgate after its 2007 acquisition of Mandate.