Lionsgate Entertainment Corporation
History of Lionsgate Entertainment Corporation.
Lionsgate is the leading independant film production company in North America. Although relatively young, it has had a string of successes.
1986-05-26 00:00:00
Lionsgate Begins
Beringer Gold Corp. was incorporated in British Columbia on as IMI Computer Corp.
1997-04-28 00:00:00
Incorporation
Lions Gate Entertainment Corp. was incorporated under the Canada Business Corporations Act using the name 3369382 Canada Limited.
1997-07-01 00:00:00
Expansion
Lionsgate expands as it purchases Cinepix, North Shore Studios, and Mandalay TV (from Peter Guber). Lionsgate international is also formed, and acts as an international distributing center based in Los Angles. The X-Files are produced by Lionsgate.
1997-07-03 00:00:00
The Name
The corporation officially changes its name to Lions Gate Entertainment Corp.
1998-06-01 00:00:00
Controversy
Lionsgate receives attention, both positive and negative for releasing the controversial films Lolita and American Psycho. The company continues to produce and distribute edgy films.
1998-06-01 00:00:00
Mandalay Pictures
Lionsgate makes a deal with Hollywood Mogul, Peter Guber, to form Mandalay Pictures, which would produce feature films.
1998-06-01 00:00:00
IMG
Lionsgate purchases bankrupt film distributor,International Movie Group, Inc. (IMG), allowing access to the corporations movie database. IMG's holdings are integrated into Lionsgate's other operations, and its former CEO Peter Strauss is named president of newly formed Lions Gate Entertainment, Inc., would the American parent company for Lions Gate's U.S. interests
1999-04-01 00:00:00
Toronto
Lionsgate moves its financial operations to Toronto, although its headquarters remains in Vancouver.
1999-06-01 00:00:00
Lionsgate breaks from Mandalay
Lionsgate reports losses of $9.3 million on revenues of $78.3 million and subsequently terminates its association with Guber's Mandalay Television.
1999-06-01 00:00:00
Production
Lionsgate produces The Red Violin, starring Samuel Jackson, and Kevin Spacey's The Big Kahuna. Lionsgate Television produces the miniseries Sole Survivor.
1999-12-01 00:00:00
Releases
Lionsgate releases Tim Burton's Sleepy Hollow and the controversial film, Dogma.
2000-01-01 00:00:00
Funding
Lionsgate receives $33.1 million in funding from a group of investors that included Microsoft, former Sony executive Jon Feltheimer, Tele-Munchen, and SBS Broadcasting SA.
2000-01-01 00:00:00
Giustra Steps Down and Oscars are obtained
Jon Feltheimer takes over Giustra's job as CEO, although Giustra retains his board chairman duties. President Doroniuk made his own exit, frustrated at having been passed over for Giustra's job. While the dust was clearing, Lionsgate takes home its third and fourth Oscars for The Red Violin and Sleepy Hollow.
2000-06-01 00:00:00
Lionsgate Purchases trimark and expands
Lionsgate purchase the low-budget film and video distributor Trimark, which specialized in action and genre films and had a 650-title library. Trimark also owned a web site, CinemaNow, which offered broadband streaming capabilities and Lionsgate began featuring its own product on the site, which showcased independent films, some available exclusively over the Internet.
2004-01-19 00:00:00
Saw
Lionsgate the first Saw, the first in a series of seven movies. It is the most profitable horror movie following Scream (1996).
2004-05-17 00:00:00
Fahrenheit 9/11
Lionsgate releases Michael Moore's Fahrenheit 9/11.
2006-07-12 09:45:45
Debmar Mercury
Lionsgate acquires Debmar-Mercury, which continues to operate as a wholly-owned subsidiary leading distributor, who owns distribution rights to Comedy Central's South Park, Tyler Perry's House of Payne and other program assets.
2007-07-26 09:45:45
Roadside Atractions
Lionsgate closes a deal to purchase a minority ownership stake in the independent theatrical distribution company Roadside Attractions.
2009-01-05 09:45:45
TV Guide
Lionsgate acquires TV Guide Network and TVGuide.com for $255 million.
2009-02-01 00:00:00
Lionsgate purchases channels
Lionsgate purches FEARnet, the branded horror channel operated with partners Sony and Comcast.
2009-02-01 09:45:45
Summit Entertainment
Lionsgate announces that it may merge with Summit Entertainment, which would result in Lionsgate obtaining rights to the Twilight franchise.
2009-10-30 09:45:45
Epix
Lionsgate, MGM and Paramount Pictures/Viacom, launch Epix, a pay TV movie channel, which rivals HBO and Showtime.
2012-03-23 00:00:00
The Hunger Games
Lionsgate releases The Hunger Games within the United States. The film is Lionsgates's highest grossing film, with $155M after the opening weekend.