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Lions Gate posts net loss in second quarter due to higher film marketing costs
Company TownIncreased movie marketing costs badly dinged Lions Gate Entertainment's fiscal second-quarter earnings. While revenue increased 25% to $456.3 million in the period ended Sept. 30, the movie and television studio reported a net loss of $29.7 million that... -
It's go time: Lions Gate sets Dec. 14 shareholders meeting to face off with Carl Icahn
Company TownLet's get ready to rumble. Lions Gate Entertainment and its largest shareholder, Carl Icahn, will square off at the film and television studio's annual shareholders meeting set for Dec. 14. Icahn, who over the last 20 months has been aggressively...... -
Bankruptcy Court approves MGM's Chapter 11 plan; MGM stakeholder Carl Icahn extends his tender offer for Lions Gate
Company TownA U.S. Bankruptcy Court in New York approved Metro-Goldwyn-Mayer Inc.'s Chapter 11 reorganization filing Friday, including authorizing last-minute modifications made last week to the prepackaged plan. Last week, financially crippled MGM filed for... -
Carl Icahn names five-person dissident slate for Lions Gate board
Company TownDissident shareholder Carl Icahn nominated five members to the board of Lions Gate Entertainment, two short of a majority needed to seize control of the 12-member board but enough to give him a substantial say in management of the company....... -
Icahn extends Lions Gate tender offer for fifth time, hopes New York court will rule in his favor
Company TownDissident investor Carl Icahn has extended his tender offer to acquire Lions Gate Entertainment shares for a fifth time in hopes that a court in New York will issue a ruling making it easier for him to win an upcoming...... -
Lion ready to roar again as MGM restructuring gets final court go-ahead
Company TownAfter 18 months of turmoil and uncertainty, MGM has finally gotten a green light to start anew. A New York federal bankruptcy judge on Thursday officially blessed the "pre-packaged" plan by creditors to wipe out about $5 billion in debt,...... -
Lions Gate may spin off or reorganize digital and distribution assets
Company TownWith its stock plummeting 25% since activist investor Carl Icahn lost his takeover battle for the film and television studio in December, Lions Gate Entertainment may spin off or create a new division for its digital and television distribution assets....... -
AMC and Regal unveil new film distribution firm Open Road Films
Company TownThe nation's two largest theater operators announced plans Monday for launching their own distribution company to acquire and release independent films. Regal Entertainment and AMC Entertainment have named their joint venture, which the Times first... -
Part of Lions Gate suit against Carl Icahn dismissed
Company TownThere was a mixed verdict in the latest round of the seemingly never-ending legal battle between Lions Gate Entertainment and its largest shareholder, Carl Icahn. A federal judge in New York on Wednesday dismissed part of a lawsuit filed by...... -
Icahn suit against Lions Gate in New York dismissed
Company TownThat's one lawsuit down, two to go. Lions Gate Entertainment scored a significant legal victory Wednesday as a New York State Supreme Court judge dismissed a lawsuit brought against the company by dissident investor Carl Icahn. Icahn filed suit last...... -
Box Office: Russell Brand's 'Hop' leaps way over his new film, 'Arthur' [Updated]
Company TownRussell Brand was his own worst enemy at the box office this weekend, as his animated film "Hop" was No. 1 for the second consecutive week, beating out the actor's remake of the 1981 classic "Arthur." "Hop," in which the...... -
Media investor Gordon Crawford buys into Legendary Pictures
Company TownInfluential media investor Gordon Crawford has made a personal investment in Legendary Pictures at a time when the film finance and production company is seeking to expand its business. Crawford, who has been a shareholder in entertainment companies...
Nov 9, 2010
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Nov 8, 2010
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Nov 12, 2010
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Nov 26, 2010
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Dec 1, 2010
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Dec 2, 2010
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Feb 28, 2011
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Mar 7, 2011
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Mar 23, 2011
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Mar 30, 2011
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Apr 10, 2011
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Apr 19, 2011
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