SANTA MONICA, Calif. and
VANCOUVER, British Columbia,
June 20, 2016 /PRNewswire/ --
Lionsgate (NYSE: LGF), a premier next generation global content
leader, announced today that its Board of Directors has declared
another quarterly cash dividend of nine
cents ($0.09) per common
share. The dividend is payable on August 5,
2016 to shareholders of record as of June 30, 2016.
ABOUT LIONSGATE
Lionsgate is a premier next generation global content leader
with a diversified presence in motion picture production and
distribution, television programming and syndication, home
entertainment, international distribution and sales, branded
channel platforms, interactive ventures and games, and
location-based entertainment. The Company has nearly 80
television shows on 40 different networks spanning its primetime
production, distribution and syndication businesses. These include
the critically-acclaimed hit series Orange is the New Black,
the beloved drama series Nashville, the syndication successes
The Wendy Williams Show and Celebrity Name Game (with
FremantleMedia), the breakout series The Royals and the
Golden Globe-nominated dramedy Casual.
The Company's feature film business spans eight labels and
includes the blockbuster Hunger Games franchise,
the Now You See Me, Divergent and John Wick
series, Sicario, The Age of Adaline,
Roadside Attractions' Love &
Mercy and Mr. Holmes, Codeblack Films'
Addicted and breakout concert film Kevin Hart: Let Me Explain 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 a 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:
Cristina Castaneda
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 Annual Report on Form 10-K, filed with the
Securities and Exchange Commission (the "SEC") on May 25, 2016, 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