SANTA MONICA, Calif.
March 20, 2014
/PRNewswire/ -- Lionsgate (NYSE: LGF), a leading global entertainment company, has extended its relationship with its Grindstone Entertainment Group and signed new multi-year agreements with Grindstone President and CEO
, it was announced today by Lionsgate Co-COO and Motion Picture Group President
Grindstone is one of the most prolific film producers in the industry, and its long-term partnership with Lionsgate has generated a string of profitable films including such recent successes as the thrillers
, starring Dwayne "The Rock" Johnson, and
"We're delighted to extend our successful partnership with Grindstone and its principals
," said Beeks. "They are an important part of the Lionsgate family and a key component of our slate. We expect them to continue to serve as a reliable source of profitable films featuring world-class talent in the years to come and, as they continue to evolve as a label, we look forward to elevating our Grindstone relationship to the next level."
"We're very proud to renew our longstanding partnership with Lionsgate, one of the most prestigious, exciting and innovative entertainment brands in the world," said Brooker and Wertlieb. "We're pleased to continue building our Grindstone business within the Lionsgate family."
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 34 television shows on 22 networks spanning its primetime production, distribution and syndication businesses, including such critically-acclaimed hits as the multiple Emmy Award-winning
, the comedy
, the network series
, the syndication success
The Wendy Williams Show
and the critically-acclaimed series
Orange is the New Black
Its feature film business has been fueled by such recent successes as the blockbuster first two installments of
The Hunger Games
The Hunger Games
The Hunger Games: Catching Fire
A Madea Christmas
Now You See Me
Kevin Hart: Let Me Explain
The Expendables 2
, Roadside Attractions'
and Pantelion Films' breakout hit
Instructions Not Included
, the highest-grossing Spanish-language film ever released in the U.S.
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.