"Ron is a gifted and experienced executive who has helped guide our home entertainment business to several years of sustained and profitable growth," said Lionsgate Co-Chief Operating Officer and Motion Picture Group President Steve Beeks. "He has a keen grasp of the direction in which our business is heading, and he is ideally qualified to position Lionsgate as a global leader and innovator in delivering content to the full spectrum of home entertainment platforms."
Prior to his promotion, Mr. Schwartz served as Executive Vice President and General Manager of Lionsgate Home Entertainment for seven years, playing a key role in the Company's adoption of new technologies and formats such as BluRay and Ultraviolet and establishing Lionsgate as the industry leader in box office–to-DVD and box office–to-VOD conversion rates. He joined Lionsgate predecessor company Trimark in 1992.
In addition to Mr. Schwartz, Lionsgate CEO
, Vice Chairman
, Co-Chief Operating Officers
and General Counsel and Chief Strategic Officer
have all signed new long-term agreements with the Company during the past year.
Lionsgate is a leading global entertainment company with a strong and diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms and international distribution and sales. Lionsgate currently has 28 television shows on 20 networks spanning its primetime production, distribution and syndication businesses, including such critically-acclaimed hits as the multiple Emmy Award-winning Mad Men and Nurse Jackie, the comedy Anger Management, the broadcast network series
, the syndication successes
House of Payne, its spinoff Meet the Browns, For Better Or Worse, The Wendy Williams Show, Are We There Yet? and the upcoming Orange Is The New Black.
Its feature film business has been fueled by such recent successes as the blockbuster first installment of The Hunger Games franchise, The Twilight Saga Breaking Dawn – Part 2, Now You See Me,
Temptation, Warm Bodies, Snitch, Texas Chainsaw 3D, The Expendables 2, The Possession, Sinister, The Cabin in the Woods and Arbitrage. Lionsgate's home entertainment business is an industry leader in box office-to-DVD and box office-to-VOD revenue conversion rate. Lionsgate handles a prestigious and prolific library of approximately 15,000 motion picture and television titles that is an important source of recurring revenue and serves as the foundation for the growth of the Company's core businesses. The Lionsgate and Summit brands remain synonymous with original, daring, quality entertainment in markets around the world.
For Lionsgate corporate inquiries, please contact: Peter D. Wilkes 310.255.3726
Kinley L. Cross 310.255.5114