Lions Gate Entertainment Corp Class B Stock News

The Lionsgate earnings call this afternoon would not have been proper without addressing the elephant in the room, and that is the studio's deal with AI research firm Runway.

Release Date: August 08, 2024

Lionsgate is offering its U.S. employees a voluntary severance and early retirement program amid a contracting media and entertainment landscape that's resulted in widespread and ongoing industry layoffs. The company, which cut jobs and slashed TV producer deals as it absorbed eOne, is starting now with a voluntary approach.

LOS ANGELES, Sept. 24, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Lions Gate Entertainment Corp. (“Lions Gate” or “the Company”) (NYSE: LGF.A, LGF.B) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Lions Gate investors that lost money on their investment are encouraged to contact Lesley Portnoy,...

Major entertainment company gives Runway access to vast portfolio to help film-makers ‘augment their work'

Runway will create a custom model trained upon Lionsgate's library of more than 20,000 film and TV titles including The Hunger Games.

Liongate has approved a five-year employment agreement with chief executive Jon Feltheimer running through July 31, 2029. The latest deal, which replaces his latest contract from 2022, includes an annual base salary of $1.5 million and target bonus of $7.5 million starting in fiscal 2025.

Lions Gate Entertainment Corp. (NYSE:LGF.A ) Q1 2025 Earnings Conference Call August 8, 2024 6:00 PM ET Company Participants Nilay Shah - Head, Investor Relations Jon Feltheimer - Chief Executive Officer Jimmy Barge - Chief Financial Officer Michael Burns - Vice Chairman Brian Goldsmith - Chief Operating Officer Kevin Beggs - Chairman, TV Group Adam Fogelson - Chairman, Motion Picture Group Jim...