Messrs. [Rob Friedman] and [Patrick Wachsberger] will continue to oversee all aspects of Lionsgate's domestic and international feature film acquisition, production and distribution operations. In the nearly three years since Lionsgate's January 2012 acquisition of Summit Entertainment, the Company has achieved record years of more than $2 billion at the worldwide box office in 2012 and 2013 and grossed more than $1 billion at the international box office for three straight years. "Rob and Patrick's complementary skills are invaluable in growing our motion picture operations worldwide, and their experience, expertise and relationships will continue to play an integral role in moving our business forward," said Lionsgate Chief Executive Officer Jon Feltheimer and Vice Chairman Michael Burns. "We're pleased that they will continue leading our superb motion picture teams in expanding our portfolio of brands and franchises, cultivating exciting new properties and diversifying our feature film business into new areas geared to our next generation consumers." 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...

Rob Friedman and Patrick Wachsberger Renew Long-term Agreements as Co-Chairs of Lionsgate Motion Picture Group