VANCOUVER, British Columbia and SANTA MONICA, Calif., Dec. 15, 2014 /CNW/ -- Lionsgate (NYSE:
LGF), a premier next generation global content leader, announced
today that its Board of Directors has declared another quarterly
cash dividend of seven cents
($0.07) per common share. The
dividend is payable on February 6,
2015 to shareholders of record as of December 31, 2014.
ABOUT LIONSGATE
Lionsgate is a premier next generation global content leader
with a strong and diversified presence in motion picture production
and distribution, television programming and syndication, home
entertainment, digital distribution, channel platforms and
international distribution and sales. The Company currently has
more than 30 television shows on over 20 different 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
Nashville, the syndication
success The Wendy Williams Show and the critically-acclaimed
hit series Orange is the New Black.
Its feature film business has been fueled by such recent
successes as the blockbuster first three installments of The
Hunger Games franchise, the first installment of the
Divergent franchise, Now You See Me, John Wick, Warm Bodies, Roadside
Attractions' A Most Wanted Man, Lionsgate/Codeblack Films'
Addicted and Pantelion Films' 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 rates.
Lionsgate handles a prestigious and prolific library of
approximately 16,000 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.
www.lionsgate.com
For further information, please contact:
Peter Wilkes
Lionsgate
310-255-3726
pwilkes@lionsgate.com
or
Cristina Castaneda
Lionsgate
310-255-5114
ccastaneda@lionsgate.com
The matters discussed in this press release include
forward-looking statements, including those regarding the
performance of future fiscal years. Such statements are subject to
a number of risks and uncertainties. Actual results in the future
could differ materially and adversely from those described in the
forward-looking statements as a result of various important
factors, including the substantial investment of capital required
to produce and market films and television series, increased costs
for producing and marketing feature films and television series,
budget overruns, limitations imposed by our credit facility and
notes, unpredictability of the commercial success of our motion
pictures and television programming, the cost of defending our
intellectual property, difficulties in integrating acquired
businesses, risks related to our acquisition strategy and
integration of acquired businesses, the effects of disposition of
businesses or assets, technological changes and other trends
affecting the entertainment industry, and the risk factors as set
forth in Lionsgate's Quarterly Report on Form 10-Q, filed with the
Securities and Exchange Commission (the "SEC") on November 6, 2014, which risk factors are
incorporated herein by reference. The Company undertakes no
obligation to publicly release the result of any revisions to these
forward-looking statements that may be made to reflect any future
events or circumstances.
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SOURCE Lionsgate