Lionsgate has promoted Kevin Beggs from president to chairman of the Lionsgate Television Group and signed him to five-year employment deal.

Lionsgate currently has 30 series on 20 different networks, including the”Mad Men,” “Weeds,” “Nurse Jackie,” “Anger Management,” “Nashville” and “Orange is the New Black.” The company touted the promotion as reflecting the diversification of its TV business.

Beggs’ deal was disclosed Tuesday at the annual shareholders meeting in Toronto during the sixth day of the Toronto Film Festival.

Beggs will continue to oversee development and production of all scripted and non-scripted programming for broadcast, cable and digital platforms. He will also continue to report to CEO Jon Feltheimer.

“Kevin epitomizes the entrepreneurial leadership, innovative thinking and creative vision that have shaped the consistent and successful evolution of our television business,” said Feltheimer. “He is an integral part of a management team notable for its breadth, depth and continuity, and we are confident that he will lead our Television Group to continued growth and diversification in the years to come.”

Beggs joined Lionsgate in 1998.TV revenues have grown from $8 million in 2000 to nearly $400 million last year.