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59-643: Lions Gate Entertainment Corp. (also known as Lions Gate Entertainment Corporation , and doing business as Lionsgate ) is a Canadian-American entertainment company currently headquartered in Santa Monica, California . It was founded by Frank Giustra on July 10, 1997, and domiciled in Vancouver , British Columbia , being incorporated there. Up until 2024, Lionsgate owned film and TV studios under its own umbrella. They have since been spun off into Lionsgate Studios , of which Lionsgate owns 87%. Lionsgate

118-570: A $ 13.4 million line of credit. Additional acquisition funding arrived in January 2000 as a $ 33.1 million investment from an investor group that included Paul Allen , former Sony Pictures executive Jon Feltheimer , German broadcasting company Tele-Munchen, and SBS Broadcasting SA. This led to Feltheimer taking over as CEO from Giustra thus the passed over Doroniuk left the company. Feltheimer increased film making including several $ 1 million films at Avalanche. However, Federgreen still remains one of

177-478: A $ 4.6-billion value on Lionsgate Studios and the deal was closed on May 7, 2024. The company was launched on May 14, 2024 and it has been trading on Nasdaq via the stock symbol LION. Lionsgate will remain the controlling shareholder owning around 87% of Lionsgate Studios following the split. Lionsgate Interactive Ventures and Games is the video game development division of Lionsgate. It was founded in April 2014 and

236-582: A 49% stake in TV Guide Network and website to One Equity Partners under pressure from shareholder Carl Icahn . Lionsgate cut back its slate of films per year by four in February 2009. In April, Relativity Media signed with Lionsgate for a 5 picture per year multi-year film distribution. In August, Lionsgate signed with Redbox for a five-year same day release deal worth $ 158 million. Lionsgate, along with MGM and Paramount Pictures / Viacom ,

295-420: A DBA must be registered with a local or state government, or both, depending on the jurisdiction. For example, California, Texas and Virginia require a DBA to be registered with each county (or independent city in the case of Virginia) where the owner does business. Maryland and Colorado have DBAs registered with a state agency. Virginia also requires corporations and LLCs to file a copy of their registration with

354-467: A DBA statement, though names including the first and last name of the owner may be accepted. This also reduces the possibility of two local businesses operating under the same name, although some jurisdictions do not provide exclusivity for a name, or may allow more than one party to register the same name. Note, though, that this is not a substitute for filing a trademark application. A DBA filing carries no legal weight in establishing trademark rights. In

413-657: A Lionsgate subsidiary. The company agreed in August to lease term with New Mexico State Land Office and the city of Rio Rancho for a new 52.8 acres studio near Rio Rancho's under construction city center and arena. On July 26, 2007, Lionsgate bought a partial stake in independent film distribution company Roadside Attractions . Lionsgate started up Lionsgate Music by June 2007. On September 10, 2007, Lionsgate bought Mandate Pictures for $ 56.3 million, $ 44.3 million in cash and $ 12 million in stock, and taking on $ 6.6 million of Mandate's debt. Mandate Chief Executive Joe Drake returned to

472-476: A contract, invoice, or cheque, they must also add the legal name of the business. Numbered companies will very often operate as something other than their legal name, which is unrecognizable to the public. In Chile , a trade name is known as a nombre de fantasía ('fantasy' or 'fiction' name), and the legal name of business is called a razón social (social name). In Ireland , businesses are legally required to register business names where these differ from

531-565: A joint investment of $ 195–400 million in Lionsgate and acquired a 3.4% stake in the company. Then on June 30, 2016, Lionsgate agreed to acquire Starz Inc. for $ 4.4 billion in cash and stock. As of December 2016, it became the parent company of Starz Inc. On November 12, 2015, Lionsgate created a partnership with Armenian American television producer Craig Piligian when the studio acquired more than 50% of his Pilgrim Studios company worth $ 200 million. Piligian retained his position as CEO of

590-596: A major hit on HBO , Return of the Living Dead III and Pinocchio's Revenge . Trimark also made the dramatic Eve's Bayou , starring Samuel L. Jackson , which received critical acclaim. Trimark also released the miniseries Storm of the Century on home video. On June 29, 1990, Vidmark Entertainment began trading on NASDAQ with the ticker symbol VDMK. On December 31, 1991, Vidmark acquired International Broadcast Systems, Ltd. for $ 1.6 million and renamed

649-550: A month after the bidding war announcement, Variety reported in a detailed article that toy manufacturing company Hasbro (which had collaborated with the company in the 2017 film My Little Pony: The Movie via its Allspark Pictures theatrical film financing unit which is in turn owned by its Allspark division) came close to also acquiring Lionsgate, but the deal fell through. Hasbro would later go on to acquire Entertainment One (eOne; another Canadian-founded business) on December 30, 2019. On October 3, 2019, Malone completed

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708-480: A possible merger with Lionsgate. On April 1, 2015, according to Deadline , Lionsgate announced it has created its new label, Lionsgate Premiere . This new label will handle up to 15 releases a year, targeting young audiences at theaters and digital outlets. The new label, part of the company's diversification effort, will incorporate Lionsgate and Summit Entertainment titles (including the Step Up film series and

767-616: A reality-based television production company, for $ 2.75 million by issuing three convertible promissory notes. Giustra had the shareholders vote to move the company's public listing from the Toronto Stock Exchange to the American Stock Exchange , along with a two-for-one stock consolidation to qualify, for greater exposure that might boost share value. In January 1999, Roman Doroniuk was named president and chief operating officers of Lionsgate, which led to

826-434: A simpler name rather than using their formal and often lengthier name. Trade names are also used when a preferred name cannot be registered, often because it may already be registered or is too similar to a name that is already registered. Using one or more fictitious business names does not create additional separate legal entities. The distinction between a registered legal name and a fictitious business name, or trade name,

885-413: A trade name is known as a nombre de fantasía ('fantasy' or 'fiction' name), and the legal name of business is called a razón social (social name). In Brazil , a trade name is known as a nome fantasia ('fantasy' or 'fiction' name), and the legal name of business is called razão social (social name). In some Canadian jurisdictions , such as Ontario , when a businessperson writes a trade name on

944-419: A triangle with a profile of a tiger's head. Among the company's many releases are Peter Jackson 's 1992 film Dead Alive , which they chose to release theatrically due to Jackson's possessing a following. They are well known for releasing films considered to be controversial for the time period, as in the case with the 1999 film Better Than Chocolate , as some newspapers refused to carry advertisements for

1003-436: Is Starz , a premium cable and satellite television network and streaming service that also includes sister channels Starz Encore and MoviePlex . In addition to the "Sphere" family of channels ("MovieSphere by Lionsgate", "OuterSphere by Lionsgate", "HerSphere by Lionsgate"), Lionsgate also operates other streaming services and FAST channels through various partnerships. In a joint venture with Ebony Media Group ,

1062-518: Is called a razón social . Trimark Pictures Trimark Pictures was an American production company that specialized in the production and distribution of television and home video motion pictures . The company was formed in 1984 by Mark Amin as Vidmark Entertainment with Vidmark Inc. (later Trimark Holdings Inc.) established as the holding company. As a small studio, Trimark produced and released theatrical , independent , television and home video motion pictures . The logo features

1121-555: Is headed by Nerdist Industries co-founder Peter Levin. This division is dedicated to producing and distributing multiplatform games based on Lionsgate franchises, and investing in digital businesses. One of these franchises was Blair Witch , with Lionsgate Games publishing a Blair Witch game in 2019. Lionsgate Entertainment World is an indoor interactive experience centre based on Lionsgate's blockbuster film franchises, such as The Hunger Games , The Divergent Series and Now You See Me , opened on Hengqin, Zhuhai , China in

1180-498: Is important because fictitious business names do not always identify the entity that is legally responsible . Legal agreements (such as contracts ) are normally made using the registered legal name of the business. If a corporation fails to consistently adhere to such important legal formalities like using its registered legal name in contracts, it may be subject to piercing of the corporate veil . In English , trade names are generally treated as proper nouns . In Argentina ,

1239-499: Is used to designate a trade name. In the United States , the phrase " doing business as " (abbreviated to DBA , dba , d.b.a. , or d/b/a ) is used, among others, such as assumed business name or fictitious business name . In Canada , " operating as " (abbreviated to o/a ) and " trading as " are used, although " doing business as " is also sometimes used. A company typically uses a trade name to conduct business using

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1298-502: The Red film series) and then specialize in "innovative multiplatform and other release strategies" to reach "affinity audiences with branded content and targeted marketing." Marketing and Research SVP Jean McDowell will handle marketing, with distribution to be run by Adam Sorensen, who currently manages Western Sales. On November 10, 2015, Malone's two other companies, Liberty Global and Discovery, Inc. (now Warner Bros. Discovery ), made

1357-619: The Twilight Saga films, for $ 412.5 million. The two companies have planned on merging since 2008. On October 6, 2012, Lions Gate Entertainment announced that Brian Goldsmith became the co-COO of the company and joining co-COO Steve Beeks. On November 18, 2012, Lionsgate announced it has passed over the $ 1 billion mark for the first time with the success of The Hunger Games and The Twilight Saga: Breaking Dawn – Part 2 . On December 23, 2013, Lionsgate announced they have crossed over $ 1 billion domestically and internationally for

1416-466: The United Kingdom , there is no filing requirement for a "business name", defined as "any name under which someone carries on business" that, for a company or limited liability partnership, "is not its registered name", but there are requirements for disclosure of the owner's true name and some restrictions on the use of certain names. A minority of U.S. states, including Washington , still use

1475-498: The American parent company for Lionsgate's U.S. interests. The Lions Gate Media subsidiary was also formed to produce for television. Completing its first year of operation, Lionsgate had a revenue of $ 42.2 million with a loss of $ 397,000. The company share price dropped to a low of $ 1.40. This limited the corporation's ability to make acquisitions via stock swaps. Lionsgate instead made its next acquisition of Termite Art Productions,

1534-570: The Prince, and the Twist [1] . From January 2023, Lionsgate entered a movie distribution deal with Cineplex Pictures, a subsidiary of Toronto-based Cineplex Entertainment which will see the release of selected Lionsgate titles in Canada. In July 2023, Deadline reported that Lionsgate was a frontrunner to acquire Entertainment One from Hasbro. In August 2023, Lionsgate announced it would acquire

1593-418: The U.S., trademark rights are acquired by use in commerce, but there can be substantial benefits to filing a trademark application. Sole proprietors are the most common users of DBAs. Sole proprietors are individual business owners who run their businesses themselves. Since most people in these circumstances use a business name other than their own name, it is often necessary for them to get DBAs. Generally,

1652-544: The acquisition, Lionsgate relocated from Marina del Rey to Artisan's headquarters in Santa Monica. In 2004, Erik Nelson reacquired Termite Art and renamed it to Creative Differences. Lionsgate partnered with Panamax Films in 2005 to make movies for the Latino market which only produced two films. On April 13, 2005, Lionsgate spun off its Canadian distribution unit into a new distribution unit called Maple Pictures under

1711-600: The company as Trimark Television. In June 1992, Vidmark, Inc. changed its name to Trimark Holdings, Inc. to reflect Trimark's diversification of its distribution streams. In March 1993, the company formed Trimark Interactive to expand into the emerging market for interactive software and multimedia. Trimark Interactive's assets were sold to Graphix Zone in March 1997. In June 2000, Trimark was acquired by Lions Gate Entertainment for approximately $ 50 million in stock and cash including taking on $ 36 million in debt., with Amin becoming

1770-547: The company as co-chief operating officer of its film unit. By July 2008, Lionsgate has not made any progress on building its new film studio in Rio Rancho or on setting up the corporation to run the studio per its agreement with New Mexico. In November, Lionsgate Music established a joint venture with music publishing company Wind-up Records . In January 2009, Lionsgate purchased TV Guide Network and TVGuide.com from Rovi for $ 255 million cash. In May 2009, Lionsgate sold

1829-416: The company entered theatrical distribution and production with the acquisition of four films and completion of its first in-house productions, namely American Gothic , That's Adequate , Silent Memory and Born of Fire . Vidmark Entertainment entered motion picture production in 1988 with the feature Demonwarp . Trimark picked up its first film, Warlock , a 1989 film starring Julian Sands which

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1888-518: The company programs the "Ebony TV by Lionsgate" channel. In 2015, Lionsgate formed a joint venture with Tribeca Enterprises to launch the "Tribeca Shortlist" streaming service and "Tribeca Channel" FAST channel. In 2017, Lionsgate partnered with comedian Kevin Hart to launch the LOL Network . Doing business as In a number of countries, the phrase " trading as " (abbreviated to t/a )

1947-535: The company public. Beringer's mining assets were soon sold off. Lionsgate then began a series of acquisitions to get into the film industry. The company bought a number of small production facilities and distributors, starting with Montreal -based Cinépix Film Properties (which became the present-day Lionsgate Films ) and North Shore Studios (which became known as Lions Gate Studios, until its acquisition in 2006) in Vancouver, British Columbia. Mandalay Television

2006-547: The company while Pilgrim will continue to operate independently under Piligian. The deal made Lionsgate a major unscripted player. On July 13, 2016, Lionsgate acquired a minority stake in British unscripted television production startup company Primal Media. It was launched by Matt Steiner and Adam Wood, who originally launched Gogglebox Entertainment that was acquired by Sony Pictures Television . AT&T also owns an approximately 2% stake in Lionsgate. On December 15, 2017,

2065-459: The corporation's financial operations being moved in April to Doroniuk's offices in Toronto , Ontario while corporate headquarters remained in Vancouver , British Columbia. Lionsgate created US based Avalanche Films and acquired half of Sterling Home Entertainment , both in video sales. Again, Lionsgate registered losses in its second year of $ 9.3 million on revenues of $ 78.3 million with most of

2124-534: The county or city to be registered with the State Corporation Commission. DBA statements are often used in conjunction with a franchise . The franchisee will have a legal name under which it may sue and be sued, but will conduct business under the franchiser's brand name (which the public would recognize). A typical real-world example can be found in a well-known pricing mistake case, Donovan v. RRL Corp. , 26 Cal. 4th 261 (2001), where

2183-662: The direction of two former Lionsgate executives, Brad Pelman and Laurie May. On August 1, 2005, Lions Gate Entertainment acquired the entire library of Modern Entertainment, the U.S. film division of the Swedish television company Modern Times Group . On October 17, 2005, Lionsgate acquired UK company Redbus Film Distribution for $ 35 million and became Lionsgate UK on February 23, 2006. On March 15, 2006, Lionsgate sold Lions Gate Studios to Bosa Development Corporation. On July 12, Lionsgate purchased Debmar-Mercury , an independent television distributor, which has continued operations as

2242-429: The film that featured the word "lesbian" as part of a critic blurb. Vidmark Entertainment was formed in August 1984 and began operating as a domestic home video distributor in early 1985. In April 1986, Vidmark Entertainment signed a deal with ABC Video Enterprises , to distribute six titles on videocassette. In 1987, Vidmark began distributing and sub-licensing motion pictures for international distribution. That year,

2301-533: The first half of 2019. The Lionsgate project is an investment by Hong Kong conglomerate Lai Sun Group and designed and produced by Thinkwell Group . In 2008, Lionsgate formed Celestial Tiger Entertainment (CTE) with Saban Capital Group and Celestial Pictures . CTE oversees the distribution rights of Lionsgate properties in Greater China and Southeast Asia . The distribution of selected recent non-in-house films for pay-per-view and on-demand are under

2360-439: The following year; re-establishing Lionsgate's Canadian roots. In December 2023, Lionsgate revealed its plan to split its film and television assets with Starz following the completion of the company's acquisition of eOne. The company's Studios division will merge with Screaming Eagle Corp., a special-purpose acquisition company led by Eli Baker, to form a separate publicly traded company, Lionsgate Studios . The transaction sets

2419-402: The law is to protect the public from fraud, by compelling the business owner to first file or register his fictitious business name with the county clerk, and then making a further public record of it by publishing it in a newspaper. Several other states, such as Illinois , require print notices as well. In Uruguay , a trade name is known as a nombre fantasía , and the legal name of business

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2478-485: The losses from its stake in Mandalay Pictures. Thus in the summer, Lionsgate placed its studios up for sale with no buyers. TV operations were changed to non-network hourlong series over riskier network shows and ended its relationship with Mandalay Television. The corporation sought out more capital and cash with a filing of a preliminary prospectus for the sale of preferred stock and common stock warrants and

2537-437: The major owners of the company and is extremely involved in the making of all their major movies. In June, Lionsgate acquired Trimark Holdings, Inc. for approximately $ 50 million in stock and cash including taking on $ 36 million in debt. Lionsgate continued making acquisitions during the decade to boost distribution and its film library. On December 15, 2003, Lionsgate acquired Artisan Entertainment for $ 220 million. Following

2596-442: The motion picture and television assets of Entertainment One from Hasbro for $ 500 million. Included among the assets are the trademarks of Maple Pictures , which Lionsgate divested to Alliance Films in 2011. The studio is expected to also pay $ 375 million in cash and $ 125 million in production financing loans related to the purchase. The acquisition was completed on December 27, 2023, and eOne would later rebrand as "Lionsgate Canada"

2655-461: The named defendant, RRL Corporation, was a Lexus car dealership doing business as " Lexus of Westminster ", but remaining a separate legal entity from Lexus, a division of Toyota Motor Sales, USA, Inc. . In California , filing a DBA statement also requires that a notice of the fictitious name be published in local newspapers for some set period of time to inform the public of the owner's intent to operate under an assumed name . The intention of

2714-835: The sale of his stake in the studio. In April 2021, Lionsgate's Starz division filed an injunction in Brazil, Argentina and Mexico against The Walt Disney Company over the use of the Star+ brand in Latin America. The two companies would reach a settlement in August that same year. In July 2021, Lionsgate purchased an 18.9 percent equity stake in Spyglass Media Group and acquired the catalogue of The Weinstein Company from Spyglass. In 2024, Lionsgate optioned an Air Mail story written by Hannah Ghorashi, titled The Grift,

2773-566: The second year in a row with the success of The Hunger Games: Catching Fire , Now You See Me , Instructions Not Included , and Kevin Hart: Let Me Explain . On April 14, 2014, Comcast acquired the remaining stakes in Fearnet from Lionsgate and Sony Pictures Entertainment . On April 21, 2014, Lionsgate announced that they will merge its movie marketing operations. A few days later, on April 30, Lionsgate announced that

2832-454: The single largest shareholder of Lions Gate. Trimark was folded into Lions Gate on March 12, 2001. In 2001, Mark Amin founded Sobini Films , and is its CEO. In late 2017, Lionsgate launched a channel for Roku streaming players using the Vidmark name and a modified variant of their late 1980s logo, with Lionsgate-owned movies, including some from the original Vidmark and Trimark, amongst

2891-464: The studios will expand into the gaming development. In 2015, Lionsgate took over the distribution functions for CBS Films , the film division of CBS Corporation . On February 11, 2015, John C. Malone swapped a 4.5% stake with 14.5% of the voting power in Starz Inc. for 3.4% of Lionsgate's shares while joining the company's board of directors. Fourteen days later, Starz CEO Chris Albrecht hinted

2950-516: The supervision of NBCUniversal Syndication Studios via Universal Pictures (Universal formerly held home video and television rights to many of the early Lionsgate films), while all others (particularly the in-house films) are distributed for both cable and broadcast television through Lionsgate's syndicated division. Amazon MGM Studios , under MGM Television , are also distributed in international cable, digital and broadcast television through Lionsgate's syndicated division. Liongate's main outlet

3009-459: The surname(s) of the sole trader or partners, or the legal name of a company. The Companies Registration Office publishes a searchable register of such business names. In Japan , the word yagō ( 屋号 ) is used. In Colonial Nigeria , certain tribes had members that used a variety of trading names to conduct business with the Europeans. Two examples were King Perekule VII of Bonny , who

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3068-469: The term trade name to refer to "doing business as" (DBA) names. In most U.S. states now, however, DBAs are officially referred to using other terms. Almost half of the states, including New York and Oregon , use the terms assumed business name or assumed name ; nearly as many, including Pennsylvania , use the term fictitious name . For consumer protection purposes, many U.S. jurisdictions require businesses operating with fictitious names to file

3127-770: The weekly US financial newspaper Barron's revealed that Malone was selling nearly 108,000 class B shares in Lionsgate for $ 3.2 million, or $ 29.63 each, from December 4 to 13. Malone now owns directly and indirectly 6 million nonvoting class B shares, as well as beneficially about 6 million class A shares, which carry one vote each. Following the Weinstein effect , Lionsgate was listed as one of 22 potential buyers interested in acquiring The Weinstein Company . In 2018, Lionsgate's newly launched digital content unit, Studio L, announced its first slate. In October 2018, Agapy Kapouranis replaced Peter Iacono as president of international television and digital distribution. In January 2018, it

3186-517: Was a major theatrical hit with fans of such films. Trimark eventually made the sequel Warlock: The Armageddon in 1993. Trimark also saw success in other familiar film series the studio produced and distributed. Leprechaun , released in 1993 starring a young Jennifer Aniston and Warwick Davis as the sinister leprechaun grossed over $ 10 million during its theatrical run. One theatrical sequel and four direct to video sequels eventually followed. Other Trimark productions included The Dentist ,

3245-499: Was acquired by Lionsgate from Peter Guber for a 4% Lionsgate stake. In 1998, Lionsgate helped Guber form Mandalay Pictures with a 45% investment in Mandalay. Lionsgate followed that up with a June purchase of International Movie Group, Inc. (IMG), a bankrupt film distributor previously invested in by Guber and Yorktown Securities, for its film library. IMG's CEO Peter Strauss became President of Lions Gate Entertainment, Inc. (LGE),

3304-567: Was also a co-owner of Epix , a pay TV movie channel which debuted on October 30. On September 13, 2010, Lionsgate and Televisa formed a joint venture , Pantelion Films , to produce for the next five years eight to 10 films a year targeted for the U.S. Latin American market. Lionsgate sold off its Canadian distribution unit, Maple Pictures , in September 2011 to Alliance Films . Lionsgate announced on January 13, 2012, that it had acquired Summit Entertainment , producers and distributors of

3363-411: Was formed in 1997 by Frank Giustra, whose $ 16 million investment was augmented by $ 40 million from investors including Keyur Patel and Yorkton Securities' executives such as G. Scott Paterson . Giustra had recently retired as CEO from Yorkton, an investment bank, and Paterson was then president. Giustra then merged Lionsgate with Toronto Stock Exchange -listed Beringer Gold Corp. (founded in 1986) to take

3422-553: Was known as Captain Pepple in trade matters, and King Jubo Jubogha of Opobo , who bore the pseudonym Captain Jaja . Both Pepple and Jaja would bequeath their trade names to their royal descendants as official surnames upon their deaths. In Singapore , there is no filing requirement for a "trading as" name, but there are requirements for disclosure of the underlying business or company's registered name and unique entity number. In

3481-410: Was reported that Lionsgate was being subject to a bidding war for a possible acquisition, with Comcast and Sony Pictures having made offers. At the time, Lionsgate Vice Chairman Michael Burns stated in an interview with CNBC that Lionsgate was mostly interested in merging with CBS and Viacom. Viacom and Lionsgate were both interested in acquiring The Weinstein Company . On February 27, 2018,

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