Jon Feltheimer signs new long-term agreement as Chief Executive Officer of Lions Gate Entertainment

Industry Entrepreneur Cites Desire To Continue Company's Strategic Growth

Initiatives



Apr 11, 2001, 01:00 ET from Lions Gate Entertainment Corp.

    VANCOUVER, BC and LOS ANGELES, CA, April 11 /PRNewswire/ - Jon Feltheimer
 has signed a new multiyear contract continuing his leadership as Chief
 Executive Officer of Lions Gate Entertainment (TSE and AMEX:   LGF), the
 Company's Board of Directors announced today. Mr. Feltheimer was named CEO of
 Lions Gate in March 2000.
     "The board of directors is delighted that Jon has agreed to a long-term
 extension as Chief Executive Officer of Lions Gate," said Lions Gate Chairman
 Frank Giustra. "Jon's vision and strategy has led the company to profitability
 and growth. We are confident that his continued enthusiasm for building on his
 successful financial, strategic and operational initiatives will lead us to
 even greater strength in the future."
     "I am pleased with what we've accomplished and set in motion during the
 past year," said Mr. Feltheimer. "We took a good look at Lions Gate's
 strengths and competitive position in the industry, and we were able to
 develop and execute a profitable growth strategy that achieved results almost
 immediately. I am excited at the prospect of continuing our momentum and
 distinguishing our Lions Gate team as a stronger, different company from our
 competitors in the entertainment marketplace. It is a great challenge to try
 something new and an even greater reward to see it begin to succeed."
     The Company noted that, during his first year as CEO of Lions Gate, Mr.
 Feltheimer achieved the successful acquisition and integration of Trimark
 Holdings Inc., orchestrated a $200 million credit facility from a Chase-led
 global syndicate of banks, expanded Lions Gate's television business, formed a
 new partnership designed to stimulate Canadian film and television production,
 filled the Company's motion picture pipeline and leveraged the Company's
 content into the digital marketplace. The expanded slate of upcoming star-
 driven and critically acclaimed films include the Academy Award nominee AMORES
 PERROS, THE GOLDEN BOWL, starring Uma Thurman and Nick Nolte, THE BODY,
 starring Antonio Banderas, FRAILTY, starring Bill Paxton and Matthew
 McConaughey, THE CAT'S MEOW, starring Kirsten Dunst, THE WEIGHT OF WATER,
 starring Sean Penn, and DOUBLE WHAMMY, starring Denis Leary and Elizabeth
 Hurley.
     During his tenure, Lions Gate has achieved three straight quarters of
 increasing profitability and was just added to the Toronto Stock Exchange's
 prestigious 300 Composite Index of Canadian-based public companies. The
 company's film slate also earned three Academy Award nominations.
     Mr. Feltheimer pointed out that his blueprint for Lions Gate's growth,
 combining the flexibility and entrepreneurial culture of an independent with
 the financial and strategic relationships of a major studio, draws upon his 20-
 year career in both areas of the entertainment industry.
     Before joining Lions Gate, 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,
 leading its evolution into an international powerhouse that launched or
 partnered in nearly 30 branded channels, regional networks and coproduction
 ventures around the world.
     While at Sony, Mr. Feltheimer and his team developed such major hits as
 MAD ABOUT YOU, THE NANNY, DAWSON'S CREEK, KING OF QUEENS and PARTY OF FIVE,
 and he oversaw several of the most profitable syndication launches in
 television history, including SEINFELD.
     He launched SPE's interactive television business in 1996 and served as
 the architect of SPE's investment and management of the U.S. Spanish-language
 network Telemundo in conjunction with Liberty Media and Apollo Partners.
 During his years at SPE, the company consistently ranked first or second in
 creating and supplying prime time television series to the major U.S.
 networks, ranked first in daytime programming and placed number one in the
 world with the game shows WHEEL OF FORTUNE and JEOPARDY!
     Previously, Mr. Feltheimer spent eight years at New World Entertainment,
 where he was promoted to president and chief executive officer, directed the
 company's domestic and international distribution businesses and managed its
 New World Television division, which he launched as well as its Marvel
 Productions and Learning Corporation of America Units.
 
     Lions Gate creates, produces and distributes a broad range of motion
 picture, television and other filmed entertainment content through its four
 operating divisions -- Motion Pictures, Television, Animation and Studio
 Facilities as well as its majority-owned CinemaNow digital media platform. The
 distinctive Lions Gate brand is recognized as a symbol of original, cutting
 edge, quality entertainment around the world.
 
                            www.lionsgatefilms.com
 
 

SOURCE Lions Gate Entertainment Corp.
    VANCOUVER, BC and LOS ANGELES, CA, April 11 /PRNewswire/ - Jon Feltheimer
 has signed a new multiyear contract continuing his leadership as Chief
 Executive Officer of Lions Gate Entertainment (TSE and AMEX:   LGF), the
 Company's Board of Directors announced today. Mr. Feltheimer was named CEO of
 Lions Gate in March 2000.
     "The board of directors is delighted that Jon has agreed to a long-term
 extension as Chief Executive Officer of Lions Gate," said Lions Gate Chairman
 Frank Giustra. "Jon's vision and strategy has led the company to profitability
 and growth. We are confident that his continued enthusiasm for building on his
 successful financial, strategic and operational initiatives will lead us to
 even greater strength in the future."
     "I am pleased with what we've accomplished and set in motion during the
 past year," said Mr. Feltheimer. "We took a good look at Lions Gate's
 strengths and competitive position in the industry, and we were able to
 develop and execute a profitable growth strategy that achieved results almost
 immediately. I am excited at the prospect of continuing our momentum and
 distinguishing our Lions Gate team as a stronger, different company from our
 competitors in the entertainment marketplace. It is a great challenge to try
 something new and an even greater reward to see it begin to succeed."
     The Company noted that, during his first year as CEO of Lions Gate, Mr.
 Feltheimer achieved the successful acquisition and integration of Trimark
 Holdings Inc., orchestrated a $200 million credit facility from a Chase-led
 global syndicate of banks, expanded Lions Gate's television business, formed a
 new partnership designed to stimulate Canadian film and television production,
 filled the Company's motion picture pipeline and leveraged the Company's
 content into the digital marketplace. The expanded slate of upcoming star-
 driven and critically acclaimed films include the Academy Award nominee AMORES
 PERROS, THE GOLDEN BOWL, starring Uma Thurman and Nick Nolte, THE BODY,
 starring Antonio Banderas, FRAILTY, starring Bill Paxton and Matthew
 McConaughey, THE CAT'S MEOW, starring Kirsten Dunst, THE WEIGHT OF WATER,
 starring Sean Penn, and DOUBLE WHAMMY, starring Denis Leary and Elizabeth
 Hurley.
     During his tenure, Lions Gate has achieved three straight quarters of
 increasing profitability and was just added to the Toronto Stock Exchange's
 prestigious 300 Composite Index of Canadian-based public companies. The
 company's film slate also earned three Academy Award nominations.
     Mr. Feltheimer pointed out that his blueprint for Lions Gate's growth,
 combining the flexibility and entrepreneurial culture of an independent with
 the financial and strategic relationships of a major studio, draws upon his 20-
 year career in both areas of the entertainment industry.
     Before joining Lions Gate, 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,
 leading its evolution into an international powerhouse that launched or
 partnered in nearly 30 branded channels, regional networks and coproduction
 ventures around the world.
     While at Sony, Mr. Feltheimer and his team developed such major hits as
 MAD ABOUT YOU, THE NANNY, DAWSON'S CREEK, KING OF QUEENS and PARTY OF FIVE,
 and he oversaw several of the most profitable syndication launches in
 television history, including SEINFELD.
     He launched SPE's interactive television business in 1996 and served as
 the architect of SPE's investment and management of the U.S. Spanish-language
 network Telemundo in conjunction with Liberty Media and Apollo Partners.
 During his years at SPE, the company consistently ranked first or second in
 creating and supplying prime time television series to the major U.S.
 networks, ranked first in daytime programming and placed number one in the
 world with the game shows WHEEL OF FORTUNE and JEOPARDY!
     Previously, Mr. Feltheimer spent eight years at New World Entertainment,
 where he was promoted to president and chief executive officer, directed the
 company's domestic and international distribution businesses and managed its
 New World Television division, which he launched as well as its Marvel
 Productions and Learning Corporation of America Units.
 
     Lions Gate creates, produces and distributes a broad range of motion
 picture, television and other filmed entertainment content through its four
 operating divisions -- Motion Pictures, Television, Animation and Studio
 Facilities as well as its majority-owned CinemaNow digital media platform. The
 distinctive Lions Gate brand is recognized as a symbol of original, cutting
 edge, quality entertainment around the world.
 
                            www.lionsgatefilms.com
 
 SOURCE Lions Gate Entertainment Corp.