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Company Description

Contact Info

2700 Colorado Avenue

Suite 500

Santa Monica, CA 90404

United States

Phone: 310-449-9200

Fax:

www.lionsgate.com

Lions Gate Entertainment Corp. operates as an entertainment company. The company operates in the motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms, and international distribution and sales businesses. As of March 31, 2012, the company released 14 motion pictures theatrically, which included films developed and produced in-house, films co-developed and co-produced and films acquired from third parties. In January 2012, the company acquired Summit Entertainment, LLC (Summit), an independent worldwide theatrical motion picture development, production, and distribution studio. In 2011, Summit released 8 motion pictures theatrically, which included films developed and produced in-house, films co-developed and co-produced and films acquired from third parties. The company distributes its library of approximately 13,000 motion picture titles and television episodes and programs directly to retailers, rental kiosks, through various digital media platforms, and pay and free television channels in the United States (the U.S.), the United Kingdom (the U.K.) and Ireland, and indirectly to other international markets through its subsidiaries and various third parties. Joint Ventures The company's joint ventures are as follows: Celestial Tiger Entertainment Limited (Celestial Tiger Entertainment), a joint venture with Saban Capital Group, Inc. (SCG) and Celestial Pictures, a company wholly-owned by Astro Malaysia Holdings Sdn Bhd (Celestial Pictures); Horror Entertainment, LLC (FEARnet), a joint venture with Sony Pictures Television Inc. (Sony) and Comcast Corporation (Comcast); Studio 3 Partners LLC (EPIX), a joint venture with Viacom Inc. (Viacom), a Paramount Pictures unit (Paramount Pictures) and Metro-Goldwyn-Mayer Studios Inc. (MGM); and TV Guide Network, TV Guide Network On Demand and TV Guide Online (www.tvguide.com) (collectively TV Guide Network), a joint venture with One Equity Partners (OEP), the global private equity investment arm of JPMorgan Chase & Co. Business Activities Motion pictures In 2012, the company produced, participated in the production of, completed or substantially completed principal photography of the following motion pictures: Good Deeds, The Hunger Games, What To Expect When You're Expecting, Tyler Perry's Madea's Witness Protection, Step Up Revolution, The Possession, The Perks of Being A Wallflower, The Twilight Saga: Breaking Dawn - Part 2, The Last Stand, Warm Bodies, Now You See Me, Tyler Perry's The Marriage Counselor, Tyler Perry's We The Peoples, and Nurse 3D. Television The company’s television business consists of the development, production, syndication and distribution of television programs. The company licenses its television productions to the domestic cable, free and pay television markets, as well as through various digital platforms. In 2012, the company produced 19 television shows, aired original programming on 14 networks, and distributed approximately 200 series worldwide. In May 2012, the company had partnered with television and music entrepreneur to develop a contemporary television musical drama chronicling the lives and loves of a young California rock and roll band. In March 2012, the company had entered into a partnership with Thunderbird Films, a television production, distribution and financing company, to produce programming for broadcast and cable networks. In January 2012, the company had entered into a long-term programming and development venture with Groupo Televisa, S.A.B. (Televisa) to create English language television content for U.S. broadcast and cable networks. The partnership, which includes a development fund designed to attract quality talent to approximately six to eight projects a year, would develop scripted and unscripted English language original programming, as well as format adaptations from Televisa's library of titles, including the telenovelas to be produced in English. In October 2011, the company entered into a three-year joint television venture with Banca Studio. Animat

 

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LGN

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Valuation LGN Industry Range
Price/Earnings 79.7x
Price/Sales 1.4x
Price/Book 19.2x
Price/Cash Flow 68.0x
TEV/Sales 0.9x
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