Company Overview of Lions Gate Films Inc.

Lions Gate Films Inc. announced that it has signed a new long-term agreement with Tim Palen to serve as Chief Marketing Officer of the company. Palen will continue to oversee all of Lionsgate Films' North American theatrical marketing campaigns and strategy, media, creative advertising and digital media initiatives as well as continuing to supervise the Company's corporate branding activities. Palen, who previously served as Lionsgate's Co-President of Theatrical Marketing.

Redbox Automated Retail, LLC amended its home video lease output agreement with Lions Gate Films Inc., extending the agreement until Aug. 31, 2014. According to a Form 8-K filed Aug. 8, the Lions Gate Entertainment Corp. unit elected not to exercise its right to opt out of the licensing arrangement with Redbox. The agreement relates to the licensing by Redbox from Lions Gate of minimum quantities of theatrical and direct-to-video DVD and Blu-ray Discs for rental at DVD-rental kiosks owned and/or operated by Redbox in the U.S.