The tea leaves have aligned, and industry insider Daniel Richtman sees another casting for Lionsgate‘s Highlander reboot emerging from the pattern. According to Richtman, Michael Fassbender plays the villain in the Chad Stahelski-directed reimagining of the classic action film. According to Richtman, Fassbender is in talks to star alongside Henry Cavill as a “Mongol Warrior.”
Please remember that whispers about Michael Fassbender’s involvement with Highlander are rumors. We must wait for Lionsgate to make it official.
The new rumor already has Highlander fans buzzing about Fassbender playing a version of the original Highlander villain, the Kurgan. Portrayed by Clancy Brown in the 1986 fantasy action-adventure film, the Kurgan is an immortal warrior and thorn in the side of Connor MacLeod, the Highlander (Christopher Lambert).
Lionsgate is looking to Stahelski to guide the short- and long-term creative direction, franchise strategy, and strategic growth of the Highlander and John Wick properties to ensure that quality,...
Please remember that whispers about Michael Fassbender’s involvement with Highlander are rumors. We must wait for Lionsgate to make it official.
The new rumor already has Highlander fans buzzing about Fassbender playing a version of the original Highlander villain, the Kurgan. Portrayed by Clancy Brown in the 1986 fantasy action-adventure film, the Kurgan is an immortal warrior and thorn in the side of Connor MacLeod, the Highlander (Christopher Lambert).
Lionsgate is looking to Stahelski to guide the short- and long-term creative direction, franchise strategy, and strategic growth of the Highlander and John Wick properties to ensure that quality,...
- 2/8/2024
- by Steve Seigh
- JoBlo.com
Back in 2016, Lionsgate gave the green light to a third Now You See Me film — before the second one had even hit theaters. Now that the sequel is out (and seven years old), the production company is finally moving forward with Now You See Me 3.
Lionsgate Motion Picture Group Chair Joe Drake announced the news during an investors call this week. He also confirmed that Zombieland director Ruben Fleischer was onboard to helm the project.
Drake described the forthcoming installment as a “reimagining” of the first two films, with production set to begin next spring.
The first Now You See Me, released in 2013, starred Jesse Eisenberg, Woody Harrelson, Mark Ruffalo, and Morgan Freeman. Directed by Louis Leterrier, the film centered on a group of justice seeking, bank robbing magicians being followed by the FBI. Jon M. Chu helmed the sequel, which arrived three years later.
It’s unclear if...
Lionsgate Motion Picture Group Chair Joe Drake announced the news during an investors call this week. He also confirmed that Zombieland director Ruben Fleischer was onboard to helm the project.
Drake described the forthcoming installment as a “reimagining” of the first two films, with production set to begin next spring.
The first Now You See Me, released in 2013, starred Jesse Eisenberg, Woody Harrelson, Mark Ruffalo, and Morgan Freeman. Directed by Louis Leterrier, the film centered on a group of justice seeking, bank robbing magicians being followed by the FBI. Jon M. Chu helmed the sequel, which arrived three years later.
It’s unclear if...
- 11/12/2023
- by Carys Anderson
- Consequence - Film News
Jon Feltheimer, CEO of the first media company to report quarterly earnings since SAG-AFTRA struck a deal with studios, said Thursday that he’s so pleased that “we can now all get back to making great content for a global audience.”
Speaking to Wall Streeter at the top of a call after the company’s second-quarter numbers, CFO Jimmy Barge put the impact of the strike on fiscal 2024 at about $30 million total — less than originally forecast, almost all at the television group and mostly in the September quarter. There could be a lingering $15 million-$20 million hit going forward around episodic delivery and increased costs for productions that had to shutter during the work stoppage.
Execs weighed in on how the company is situated as production restarts everywhere all at once, and the impact on costs longer term.
TV chief Kevin Beggs said things will move fast. “We have two network...
Speaking to Wall Streeter at the top of a call after the company’s second-quarter numbers, CFO Jimmy Barge put the impact of the strike on fiscal 2024 at about $30 million total — less than originally forecast, almost all at the television group and mostly in the September quarter. There could be a lingering $15 million-$20 million hit going forward around episodic delivery and increased costs for productions that had to shutter during the work stoppage.
Execs weighed in on how the company is situated as production restarts everywhere all at once, and the impact on costs longer term.
TV chief Kevin Beggs said things will move fast. “We have two network...
- 11/10/2023
- by Jill Goldsmith
- Deadline Film + TV
Lionsgate, led by CEO Jon Feltheimer, released its second quarter financials amid continuing strategic talks where the media giant may sell or spinoff its premium cable and streaming platform or its studio business.
The Hollywood studio saw overall revenue hit $1.01 billion, which beat a Zacks Consensus Estimate for $990 million in revenues. Lionsgate also narrowed its net loss to $887.9 million, against a year-earlier net loss of $1.8 billion, due to the impact of non-cash goodwill and intangible asset writedowns and restructuring charges in the media networks division. That included one-time charges related to Starz leaving Latin America and the UK as the streaming platform looks to focus on Canada and India beyond the core U.S. market.
Feltheimer on an after-market analyst call welcomed the tentative deal between SAG-AFTRA and the AMPTP. “I want to start by saying that we’re very pleased that the strikes are over, with a fair and equitable resolution for all parties,...
The Hollywood studio saw overall revenue hit $1.01 billion, which beat a Zacks Consensus Estimate for $990 million in revenues. Lionsgate also narrowed its net loss to $887.9 million, against a year-earlier net loss of $1.8 billion, due to the impact of non-cash goodwill and intangible asset writedowns and restructuring charges in the media networks division. That included one-time charges related to Starz leaving Latin America and the UK as the streaming platform looks to focus on Canada and India beyond the core U.S. market.
Feltheimer on an after-market analyst call welcomed the tentative deal between SAG-AFTRA and the AMPTP. “I want to start by saying that we’re very pleased that the strikes are over, with a fair and equitable resolution for all parties,...
- 11/9/2023
- by Etan Vlessing
- The Hollywood Reporter - Movie News
Lionsgate’s The Hunger Games: The Ballad of Songbirds & Snakes had its world premiere at London’s BFI Imax this evening, with a red carpet that featured director Francis Lawrence and stars Rachel Zegler, Tom Blyth, Hunter Schafer, Josh Andres Rivera and more.
The return to the Suzanne Collins franchise that’s based on her prequel novel marks the first major world premiere outside of a festival to include actors on the media line since the SAG-AFTRA strike started in July. Even if the guild and the studios had not reached a tentative agreement to end the strike last night, the film had already secured an Interim Agreement with Lionsgate a non-amptp company.
Regardless, the team was effusive about the end of the strife. Producer Nina Jacobson said that she was among the folks “screaming with joy” that the strike is over, having learned about it during a...
The return to the Suzanne Collins franchise that’s based on her prequel novel marks the first major world premiere outside of a festival to include actors on the media line since the SAG-AFTRA strike started in July. Even if the guild and the studios had not reached a tentative agreement to end the strike last night, the film had already secured an Interim Agreement with Lionsgate a non-amptp company.
Regardless, the team was effusive about the end of the strife. Producer Nina Jacobson said that she was among the folks “screaming with joy” that the strike is over, having learned about it during a...
- 11/9/2023
- by Baz Bamigboye and Nancy Tartaglione
- Deadline Film + TV
Keanu Reeves and Seth Rogen have been snatched up to star in the Aziz Ansari feature comedy ‘Good Fortune.’
Ansari will write and direct the feature, in which he will star with Rogen and Reeves. Lionsgate is behind the comedy, which will begin filming next month in Los Angeles, with plot details being kept under wraps.
Also in news – Matt Damon & Pedro Pascal join Ethan Coen’s ‘Drive-Away Dolls’
“We have indeed found good fortune with this film. We love the script and believe strongly in Aziz as both a performer and a director. And when you add in Seth and Keanu — two incredible world-class talents — toplining alongside Aziz, this has the potential to be a very special film for us. We moved quickly to land this project once it was available.” stated Lionsgate Motion Picture Group head Joe Drake.
Anthony Katagas, Alan Yang and Ansari will produce. Brady Fujikawa...
Ansari will write and direct the feature, in which he will star with Rogen and Reeves. Lionsgate is behind the comedy, which will begin filming next month in Los Angeles, with plot details being kept under wraps.
Also in news – Matt Damon & Pedro Pascal join Ethan Coen’s ‘Drive-Away Dolls’
“We have indeed found good fortune with this film. We love the script and believe strongly in Aziz as both a performer and a director. And when you add in Seth and Keanu — two incredible world-class talents — toplining alongside Aziz, this has the potential to be a very special film for us. We moved quickly to land this project once it was available.” stated Lionsgate Motion Picture Group head Joe Drake.
Anthony Katagas, Alan Yang and Ansari will produce. Brady Fujikawa...
- 4/19/2023
- by Zehra Phelan
- HeyUGuys.co.uk
Seth Rogen and Keanu Reeves have been cast in 'Good Fortune'.The pair will star in the comedy movie that is being written and directed by Aziz Ansari.The 'Parks and Recreation' star will feature alongside Rogen and Reeves in the Lionsgate film that is set to begin production in Los Angeles next month.Plot details are being kept under wraps but Ansari, Anthony Katagas and Alan Yang will produce the flick.Lionsgate Motion Picture Group head Joe Drake said: "We have indeed found good fortune with this film. We love the script and believe strongly in Aziz as both a performer and a director."And when you add in Seth and Keanu – two incredible world-class talents – toplining alongside Aziz, this has the potential to be a very special film for us. We moved quickly to land this project once it was available."Seth stars in 'The Super Mario Bros. Movie...
- 4/19/2023
- by Joe Graber
- Bang Showbiz
Aziz Ansari is preparing to make his big-screen directorial debut and so far he’s assembled an impressive (and impressively Canadian) cast.
As Deadline reports, the “Master of None” star will be directing “Good Fortune” for Lionsgate next year.
In addition to directing, Ansari will also be starring in the film, details of which are reportedly being kept under wraps.
Read More: Aziz Ansari Reveals Reason He Disconnected From The Internet: ‘I Stopped Using Email Like 4 Years Ago’
He’ll be starring alongside Seth Rogen and Keanu Reeves; details about the characters they’ll be playing haven’t been revealed.
“We have indeed found good fortune with this film,” said Lionsgate Motion Picture Group chair Joe Drake in a statement.
“We love the script and believe strongly in Aziz as both a performer and a director,” Drake added. “And when you add in Seth and Keanu – two incredible world-class talents — toplining alongside Aziz,...
As Deadline reports, the “Master of None” star will be directing “Good Fortune” for Lionsgate next year.
In addition to directing, Ansari will also be starring in the film, details of which are reportedly being kept under wraps.
Read More: Aziz Ansari Reveals Reason He Disconnected From The Internet: ‘I Stopped Using Email Like 4 Years Ago’
He’ll be starring alongside Seth Rogen and Keanu Reeves; details about the characters they’ll be playing haven’t been revealed.
“We have indeed found good fortune with this film,” said Lionsgate Motion Picture Group chair Joe Drake in a statement.
“We love the script and believe strongly in Aziz as both a performer and a director,” Drake added. “And when you add in Seth and Keanu – two incredible world-class talents — toplining alongside Aziz,...
- 4/18/2023
- by Brent Furdyk
- ET Canada
Aziz Ansari is readying a new feature film called Good Fortune with co-stars Keanu Reeves and Seth Rogen.
The comedy will mark Ansari’s first directed feature after production on his planned debut, Being Mortal, was suspended due to Bill Murray’s alleged inappropriate behavior. Ansari also wrote the script for Good Fortune, which will begin filming next month in Los Angeles.
Ansari will co-produce Good Fortune with Anthony Katagas and Master of None collaborator Alan Yang. Brady Fujikawa and Jon Humphrey will oversee the film for Lionsgate.
“We have indeed found good fortune with this film,” said Lionsgate Motion Picture Group Chair Joe Drake in a statement. “We love the script and believe strongly in Aziz as both a performer and a director. And when you add in Seth and Keanu — two incredible world-class talents — toplining alongside Aziz, this has the potential to be a very special film for us.
The comedy will mark Ansari’s first directed feature after production on his planned debut, Being Mortal, was suspended due to Bill Murray’s alleged inappropriate behavior. Ansari also wrote the script for Good Fortune, which will begin filming next month in Los Angeles.
Ansari will co-produce Good Fortune with Anthony Katagas and Master of None collaborator Alan Yang. Brady Fujikawa and Jon Humphrey will oversee the film for Lionsgate.
“We have indeed found good fortune with this film,” said Lionsgate Motion Picture Group Chair Joe Drake in a statement. “We love the script and believe strongly in Aziz as both a performer and a director. And when you add in Seth and Keanu — two incredible world-class talents — toplining alongside Aziz, this has the potential to be a very special film for us.
- 4/18/2023
- by Eddie Fu
- Consequence - Film News
Aziz Ansari is heading back to the director's chair to make his first feature film ... again! In case you forgot, Ansari was set to make his directorial debut with the film "Being Mortal," which was shut down following sexual harassment allegations lodged against the film's star, Bill Murray. It seemed as if the film-directing career of Ansari, who was also accused of sexual misconduct in 2018, was over before it even began. Then again, this is Hollywood, baby! Of course, Aziz Ansari, a seven-time Emmy nominee and two-time winner, is still getting the opportunity to make a high-profile comedy film with a star-studded cast!
According to The Hollywood Reporter, Ansari is making his actual feature directorial debut with the film "Good Fortune." Not to be confused with Fortune Feimster's hilarious stand-up special of the same name, not much is known about "Good Fortune" outside of the fact Ansari is starring alongside Seth Rogen and Keanu Reeves.
According to The Hollywood Reporter, Ansari is making his actual feature directorial debut with the film "Good Fortune." Not to be confused with Fortune Feimster's hilarious stand-up special of the same name, not much is known about "Good Fortune" outside of the fact Ansari is starring alongside Seth Rogen and Keanu Reeves.
- 4/18/2023
- by BJ Colangelo
- Slash Film
I am still determining who decided today is the day for Hollywood comebacks, but here we are. The word is out that Aziz Ansari is making his feature directorial debut with Good Fortune, a new film he’s developing for Lionsgate. In addition to directing the movie, Ansari will also star alongside Seth Rogen and Keanu Reeves. The plot remains a mystery. Still, reports indicate the package is being shopped at Cannes next month. Meanwhile, cameras kick into gear on the project in May.
“We have indeed found good fortune with this film. We love the script and believe strongly in Aziz as both a performer and a director. And when you add in Seth and Keanu – two incredible world-class talents — toplining alongside Aziz, this has the potential to be a very special film for us. We moved quickly to land this project once it was available,” said Lionsgate Motion Picture Group Chair Joe Drake.
“We have indeed found good fortune with this film. We love the script and believe strongly in Aziz as both a performer and a director. And when you add in Seth and Keanu – two incredible world-class talents — toplining alongside Aziz, this has the potential to be a very special film for us. We moved quickly to land this project once it was available,” said Lionsgate Motion Picture Group Chair Joe Drake.
- 4/18/2023
- by Steve Seigh
- JoBlo.com
Aziz Ansari has another project in the works.
IndieWire can confirm the “Master of None” Emmy winner is writing, directing, and starring in Lionsgate film “Good Fortune” alongside Seth Rogen and Keanu Reeves. While the plot remains under wraps, production will start principal photography in Los Angeles in May. Lionsgate will launch sales in Cannes shortly after.
“We have indeed found good fortune with this film. We love the script and believe strongly in Aziz as both a performer and a director,” Joe Drake, chair of the Lionsgate Motion Picture Group, said in an official statement. “And when you add in Seth and Keanu, two incredible world-class talents, toplining alongside Aziz, this has the potential to be a very special film for us. We moved quickly to land this project once it was available.”
Lionsgate has billed “Good Fortune” as Ansari’s directorial debut. Ansari was previously set to make...
IndieWire can confirm the “Master of None” Emmy winner is writing, directing, and starring in Lionsgate film “Good Fortune” alongside Seth Rogen and Keanu Reeves. While the plot remains under wraps, production will start principal photography in Los Angeles in May. Lionsgate will launch sales in Cannes shortly after.
“We have indeed found good fortune with this film. We love the script and believe strongly in Aziz as both a performer and a director,” Joe Drake, chair of the Lionsgate Motion Picture Group, said in an official statement. “And when you add in Seth and Keanu, two incredible world-class talents, toplining alongside Aziz, this has the potential to be a very special film for us. We moved quickly to land this project once it was available.”
Lionsgate has billed “Good Fortune” as Ansari’s directorial debut. Ansari was previously set to make...
- 4/18/2023
- by Samantha Bergeson
- Indiewire
Aziz Ansari is making his feature directorial debut with Good Fortune at Lionsgate, a movie he’ll also write and star alongside with Keanu Reeves and Seth Rogen. Lionsgate will launch sales for the pic at Cannes next month, which is also when cameras roll in LA. The storyline is under wraps.
Beamed Lionsgate Motion Picture Group Chair Joe Drake, “We have indeed found good fortune with this film. We love the script and believe strongly in Aziz as both a performer and a director. And when you add in Seth and Keanu – two incredible world-class talents — toplining alongside Aziz, this has the potential to be a very special film for us. We moved quickly to land this project once it was available.”
Pic is produced by Anthony Katagas, Alan Yang, and Ansari. Brady Fujikawa and Jon Humphrey are steering the movie for Lionsgate. Dan Freedman, Phil Strina, John Biondo,...
Beamed Lionsgate Motion Picture Group Chair Joe Drake, “We have indeed found good fortune with this film. We love the script and believe strongly in Aziz as both a performer and a director. And when you add in Seth and Keanu – two incredible world-class talents — toplining alongside Aziz, this has the potential to be a very special film for us. We moved quickly to land this project once it was available.”
Pic is produced by Anthony Katagas, Alan Yang, and Ansari. Brady Fujikawa and Jon Humphrey are steering the movie for Lionsgate. Dan Freedman, Phil Strina, John Biondo,...
- 4/18/2023
- by Anthony D'Alessandro
- Deadline Film + TV
Aziz Ansari is making his feature directorial debut with “Good Fortune,” a comedy whose plot is shrouded in secrecy.
Lionsgate has landed rights to the film, which will be written and directed by Ansari. The comedian, who is also starring in “Good Fortune,” has assembled the high-wattage cast of Seth Rogen and Keanu Reeves. Since the logline is being kept under wraps, it’s unclear who the actors are playing in the movie.
The production has been greenlit and will start principal photography next month in Los Angeles. Around the same time, Lionsgate is launching sales in Cannes Film Festival.
“We have indeed found good fortune with this film. We love the script and believe strongly in Aziz as both a performer and a director, “said Lionsgate’s Motion Picture Group chair Joe Drake. “And when you add in Seth and Keanu — two incredible world-class talents — toplining alongside Aziz, this...
Lionsgate has landed rights to the film, which will be written and directed by Ansari. The comedian, who is also starring in “Good Fortune,” has assembled the high-wattage cast of Seth Rogen and Keanu Reeves. Since the logline is being kept under wraps, it’s unclear who the actors are playing in the movie.
The production has been greenlit and will start principal photography next month in Los Angeles. Around the same time, Lionsgate is launching sales in Cannes Film Festival.
“We have indeed found good fortune with this film. We love the script and believe strongly in Aziz as both a performer and a director, “said Lionsgate’s Motion Picture Group chair Joe Drake. “And when you add in Seth and Keanu — two incredible world-class talents — toplining alongside Aziz, this...
- 4/18/2023
- by Rebecca Rubin
- Variety Film + TV
Lionsgate will release Aziz Ansari’s directorial debut, an original comedy titled “Good Fortune” that will star Ansari alongside Keanu Reeves and Seth Rogen.
Plot details are currently secret, but the film has been greenlit with principal photography beginning next month in Los Angeles. Along with starring in the film and producing it, Ansari will produce alongside Anthony Katagas and Alan Young.
Lionsgate will launch overseas sales at the Cannes Film Festival.
Lionsgate Film Group co-chair Joe Drake remarked: “We have indeed found good fortune with this film. We love the script and believe strongly in Aziz as both a performer and a director. And when you add in Seth and Keanu – two incredible world-class talents — toplining alongside Aziz, this has the potential to be a very special film for us. We moved quickly to land this project once it was available.”
At Lionsgate, the film will be overseen by Brady Fujikawa and Jon Humphrey.
Plot details are currently secret, but the film has been greenlit with principal photography beginning next month in Los Angeles. Along with starring in the film and producing it, Ansari will produce alongside Anthony Katagas and Alan Young.
Lionsgate will launch overseas sales at the Cannes Film Festival.
Lionsgate Film Group co-chair Joe Drake remarked: “We have indeed found good fortune with this film. We love the script and believe strongly in Aziz as both a performer and a director. And when you add in Seth and Keanu – two incredible world-class talents — toplining alongside Aziz, this has the potential to be a very special film for us. We moved quickly to land this project once it was available.”
At Lionsgate, the film will be overseen by Brady Fujikawa and Jon Humphrey.
- 4/18/2023
- by Scott Mendelson
- The Wrap
Aziz Ansari is readying a new feature film, tapping Seth Rogen and Keanu Reeves to co-star.
Ansari will write and direct Good Fortune, in which he will star with Rogen and Reeves. Lionsgate is behind the comedy, which will begin filming next month in Los Angeles, with plot details being kept under wraps.
Anthony Katagas (Armageddon Time, Amsterdam), Alan Yang (Loot, Master of None) and Ansari will produce. Brady Fujikawa and Jon Humphrey will oversee for the studio.
Motion Picture Group head Joe Drake said, “We have indeed found good fortune with this film. We love the script and believe strongly in Aziz as both a performer and a director. And when you add in Seth and Keanu — two incredible world-class talents — toplining alongside Aziz, this has the potential to be a very special film for us. We moved quickly to land this project once it was available.”
Reeves, repped by WME,...
Ansari will write and direct Good Fortune, in which he will star with Rogen and Reeves. Lionsgate is behind the comedy, which will begin filming next month in Los Angeles, with plot details being kept under wraps.
Anthony Katagas (Armageddon Time, Amsterdam), Alan Yang (Loot, Master of None) and Ansari will produce. Brady Fujikawa and Jon Humphrey will oversee for the studio.
Motion Picture Group head Joe Drake said, “We have indeed found good fortune with this film. We love the script and believe strongly in Aziz as both a performer and a director. And when you add in Seth and Keanu — two incredible world-class talents — toplining alongside Aziz, this has the potential to be a very special film for us. We moved quickly to land this project once it was available.”
Reeves, repped by WME,...
- 4/18/2023
- by Mia Galuppo
- The Hollywood Reporter - Movie News
Layoff season isn’t over at Lionsgate’s film division.
The company, based in Vancouver and headquartered in Santa Monica, laid off a dozen employees in its Motion Picture Group, a source confirms to The Hollywood Reporter. The cuts impact about 3 percent of the division, which totals about 400 employees.
The pink slips hit the group shortly after the March 24 global bow of John Wick: Chapter 4, the company’s flagship Keanu Reeves-starring franchise, which has nabbed $306 million so far, as well as the January release of Gerard Butler thriller Plane, which has grossed $52 million worldwide. (The company also distributed Guy Ritchie’s Operation Fortune: Ruse de Guerre, co-financed by Miramax and STX Entertainment, stateside, where it grossed $6.5 million domestically in March.)
The layoffs are the latest in a series of smaller cuts made at the Jon Feltheimer-run Lionsgate over the past six months. “In terms of overall cost and corporate overhead,...
The company, based in Vancouver and headquartered in Santa Monica, laid off a dozen employees in its Motion Picture Group, a source confirms to The Hollywood Reporter. The cuts impact about 3 percent of the division, which totals about 400 employees.
The pink slips hit the group shortly after the March 24 global bow of John Wick: Chapter 4, the company’s flagship Keanu Reeves-starring franchise, which has nabbed $306 million so far, as well as the January release of Gerard Butler thriller Plane, which has grossed $52 million worldwide. (The company also distributed Guy Ritchie’s Operation Fortune: Ruse de Guerre, co-financed by Miramax and STX Entertainment, stateside, where it grossed $6.5 million domestically in March.)
The layoffs are the latest in a series of smaller cuts made at the Jon Feltheimer-run Lionsgate over the past six months. “In terms of overall cost and corporate overhead,...
- 4/14/2023
- by Erik Hayden
- The Hollywood Reporter - Movie News
Exclusive: Lionsgate, which continues preparations to separate its studio business from Starz, laid off staffers in its Motion Picture Group on Thursday, sources tell Deadline. I hear the number is about a dozen.
The news comes on the heels of the company revealing during its Q3 earnings call in February that it had cut about 150 positions, reducing 10 percent of its workforce across all divisions, over the previous six months.
Lionsgate CFO Jimmy Barge said at the time the layoffs were part of efforts to manage costs ahead of the planned separation.
Today’s layoffs also are part of ongoing streamlining of Lionsgate’s film division, led by chairman Joe Drake and vice chair Adam Fogelson, and of overall belt-tightening across media companies in a challenging economic environment.
Two weeks ago, Lionsgate submitted a draft registration of the proposed spinoff of the studio with SEC. The company had said it expects...
The news comes on the heels of the company revealing during its Q3 earnings call in February that it had cut about 150 positions, reducing 10 percent of its workforce across all divisions, over the previous six months.
Lionsgate CFO Jimmy Barge said at the time the layoffs were part of efforts to manage costs ahead of the planned separation.
Today’s layoffs also are part of ongoing streamlining of Lionsgate’s film division, led by chairman Joe Drake and vice chair Adam Fogelson, and of overall belt-tightening across media companies in a challenging economic environment.
Two weeks ago, Lionsgate submitted a draft registration of the proposed spinoff of the studio with SEC. The company had said it expects...
- 4/14/2023
- by Nellie Andreeva
- Deadline Film + TV
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