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On January 16, 2013, Lionsgate announced a low-budget film division to be led by John Sacchi. The division would release films under $2.5 million. Sacchi recently looked to acquire such films as Rock Bottom Creek (2012) and other independently made films as well. [34] On November 22, 2013, Lions Gate released The Hunger Games: Catching Fire.
[10] [11] [12] 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. [ 13 ] [ 14 ] On October 17, 2005, Lionsgate acquired UK company Redbus Film Distribution for $35 million [ 15 ] [ 16 ] [ 17 ] and became Lionsgate UK on February 23, 2006.
Mar 16, 2018 · The film had a record breaking opening weekend in March 2012 and went on to become the highest-grossing film in their history, surpassed only by its 2013 sequel, Catching Fire.
Lionsgate Studios Corp., simply known as Lionsgate Studios, is a Canadian-American film and television production and distribution conglomerate owned by Lionsgate, domiciled in Vancouver, British Columbia, and primarily based in Santa Monica, California. [ 1 ] It was formed on May 14, 2024, after Lionsgate spun out its film and television ...
Feb 28, 2011 · An easy buck. Lions Gate not only acquired the distribution rights to the aforementioned independent success, ‘Kick Ass’, it has a record for sec uring low budget films and winning decent box office returns.These include Cabin Fever (budget: $1.5 million; gross revenue: $33 million) Open Water (budget: $130,000; gross revenue $54 million), and the hugely successful franchise, Saw ($848 ...
Nov 1, 2023 · Her team is responsible for sales and licensing of the group’s first-run films and, since rejoining Lionsgate from Mandate Pictures in December 2017, she has been responsible for generating more ...
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Jan 17, 2013 · The new division will give upcoming films a budget of $2.5 million dollars a piece, or less, and will attempt to replicate success stories like Blumhouse Productions' Paranormal Activity franchise ...
