Jon Feltheimer was named Chief Executive Officer of Lionsgate in March 2000; his title expanded to include the role of Co-Chairman in June 2005. His blueprint for Lionsgate's growth, combining the flexibility and entrepreneurial culture of an independent with the financial and strategic relationships of a major studio and the structure and consumer focus of a top digital age company, draws upon his 25-year career in the entertainment industry.
During Mr. Feltheimer's tenure, Lionsgate has grown into the leading next generation filmed entertainment studio through a combination of organic growth and accretive strategic acquisitions. With the acquisitions of Artisan Entertainment, Trimark Holdings and other available libraries, Lionsgate now manages one of the most prestigious and prolific libraries in the entertainment industry with 12,000 titles, a diverse portfolio of businesses and an exciting, commercially potent feature film slate of 12 to 15 releases a year.
Lionsgate's feature film slate has generated more than $400 million at the North American box office in the past 12 months. The Company has achieved approximately 7% North American theatrical box office market share for calendar year 2009 to date, propelled by such hits as TYLER PERRY’S MADEA GOES TO JAIL, the second highest-grossing film in Lionsgate history, and MY BLOODY VALENTINE 3D. Other recent successes include SAW V, the latest installment of the most popular long-running horror franchise in history, RELIGULOUS, FORBIDDEN KINGDOM, RAMBO and THE BANK JOB. Lionsgate has earned 31 Academy Award® nominations and seven Oscar® wins over the past nine years, more than any other independent studio.
The highly diversified company also features a vibrant television business with several prime-time cable and broadcast network series, including the Emmy Award-winning drama series “Mad Men” and “Weeds,” and a syndicated portfolio through its Debmar-Mercury television distribution arm that includes Tyler Perry’s “House of Payne,” “The Wendy Williams Show,” Tyler Perry’s “Meet the Browns,” “Family Feud” and “South Park.” Lionsgate’s $600-million-a-year home entertainment business has 7% market share and the industry’s highest box office-to-DVD conversion rate, including such recent hit titles as TRANSPORTER 3, SAW V, and TYLER PERRY’S THE FAMILY THAT PREYS. Lionsgate is also building a portfolio of new channel businesses, including FEARnet, the branded horror channel operated with partners Sony and Comcast, now approaching the 30 million subscriber mark, and EPIX, the new premium entertainment channel with partners Viacom and MGM. The company recently announced the acquisition of TV Guide Network and TV Guide.com. TV Guide is one of the 25 most widely distributed networks in the country, reaching 83 million households.
During Mr. Feltheimer’s nine-year tenure as CEO, Lionsgate has increased its revenues from approximately $180 million in 2000 to a projected $1.5 billion this year, grown its market capitalization, built a strong balance sheet supported by significant available cash and a $340 million JPMorgan credit facility, and created a unique and successful business model.
In addition to the Artisan and Trimark purchases, Lionsgate has continued to grow its business through a series of acquisitions. In October 2005, Lionsgate acquired Redbus Film Distributors (subsequently renamed Lionsgate U.K.), which has expanded the Company’s presence in the international arena. In July 2006, the Company purchased Debmar-Mercury, extending Lionsgate’s reach into television syndication with such syndicated successes as Tyler Perry's “House of Payne” and “Meet the Browns,” Paramount’s “South Park,” “Family Feud,” the “Wendy Williams Show,” and E! Entertainment’s “True Hollywood Stories.”
In August 2007, Lionsgate acquired the independent production and distribution company Mandate Pictures, which subsequently released the box office hit and Best Picture Academy Award® nominee JUNO, as well as HAROLD AND KUMAR 2 and NICK AND NORA’S INFINITE PLAYLIST. Lionsgate made a 42 percent equity investment in Break.com, the leading online site for young men ages 18-34, and a 43 percent investment in Roadside Attractions, an independent film production and distribution platform. Lionsgate has also created a vibrant global distribution infrastructure that includes the product of a growing roster of third parties including Relativity Media, Gold Circle Films, Miramax, Televisa and StudioCanal, in addition to Lionsgate’s own content.
Before joining Lionsgate, Mr. Feltheimer spent nine years at Sony Pictures Entertainment (SPE). He engineered the creation of TriStar Television as part of SPE's acquisition of television assets from New World Entertainment Ltd. He was subsequently named head of the Columbia TriStar Television Group, head of Sony Entertainment Television and executive vice president of SPE, leading the television group's evolution into an international powerhouse that launched or partnered in nearly 30 branded channels, regional networks and co-production ventures around the world. While at Sony, Feltheimer's strong creative talent relationships helped lead to such hits as “Mad About You,” “The Nanny,” “Dawson’s Creek,” “Party of Five” and “King Of Queens,” and he oversaw the company's distribution business, including the syndication launches of shows as diverse as “Seinfeld” and “Ricki Lake,” as well as managing the Company.