Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Lions Gate Entertainment Corp.    LGF.A   CA5359194019

LIONS GATE ENTERTAINMENT CORP.

(LGF.A)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Lions Gate Entertainment USA : JEFFREY A. HIRSCH ELEVATED TO PRESIDENT AND CHIEF EXECUTIVE OFFICER OF STARZ

09/26/2019 | 04:13pm EST

SANTA MONICA, Calif., Sept. 26, 2019 /PRNewswire/ -- Reflecting strong recent gains in Starz's programming slate, distribution footprint and subscriber acquisition, global content leader Lionsgate (NYSE: LGF.A, LGF.B) today announced that Jeffrey A. Hirsch has signed a new long-term deal as President and Chief Executive Officer of STARZ.

As CEO, Hirsch will shape the overall business and programming strategy for Starz and oversee the continued evolution and expansion of the STARZ premium subscription platform around the world.

Hirsch joined Starz four years ago, was promoted to COO in 2016 and has been running the network for nearly a year. Under his leadership, Starz increased its overall domestic subscriber base from 23.5 million to 24.7 million last year and continued the rapid growth of one of the industry's most successful domestic OTT businesses. Starz already has more than 4.4 million domestic OTT subscribers with successful launches during the last year on Apple, Hulu, Roku, YouTube TV and an array of other platforms.

Hirsch has shepherded the launch of the STARZ app in the U.S. and orchestrated STARZPLAY's rapid expansion into nearly 50 countries in Europe, Latin America, the Middle East and North Africa as well as Canada, making STARZ one of the world's leading pure-play subscription platforms. Already ahead of schedule, Starz plans to continue its rapid international growth and, as previously announced, expects to have as many as 15-20 million international subscribers by 2025.

'Jeff continues to lead Starz's transformation into one of the world's premier subscription platforms,' said Lionsgate CEO Jon Feltheimer. 'He has a clear strategic vision, great understanding of where our business is headed and strong relationships that will all contribute to Starz's continued strong growth and evolution.'

'I am excited to have the opportunity to lead Starz into the future alongside Jon and our team,' commented Hirsch. 'Over the last several years Starz has been on the leading edge of innovation across our industry, transitioning to a digital world with the launch of our App and OTT business and most recently through the expansion of our global footprint. As our evolution continues, our remarkable line-up of premium original series and vast library of content will drive both our domestic and international growth as we look to capture new audiences and subscribers around the world.'

Hirsch recently announced that STARZ delivers the highest composition of female viewership in premium cable, and the network continues to build on its success with a focused strategy of developing and producing premium programming that appeals to women and other traditionally under-served African-American, Latinx and LGBTQ audiences. Under his leadership, Starz continues to deliver a deep slate of original hit series including 'Power,' a top-rated premium pay series for African-American audiences and over 10 million multi-platform views per episode and 'Outlander,' a perennial ratings favorite among women.

Hirsch also recently greenlit three new series written and/or executive produced by women including a reimagined 'Dangerous Liaisons,' the third season of 'The Girlfriend Experience' and the dark comedy 'Shining Vale.' The network is also preparing the launch of 'Power Book II: Ghost,' starring Mary J. Blige in a lead role, the first of several 'Power'-inspired series that include a prequel shepherded by 'Power' creator and showrunner Courtney A. Kemp and executive producer Curtis '50 Cent' Jackson as Starz continues to expand the 'Power' Universe into a year-round viewing experience.

Hirsch has played a key leadership role at Starz since joining the company in July 2015 as President of Global Marketing and Product Development. Since Lionsgate's acquisition of Starz in December 2016, Hirsch has played a lead role in integrating Starz into the Lionsgate family and exploring opportunities for the two companies' combined suite of OTT offerings.

Prior to joining Starz, Hirsch served as Executive Vice President and Chief Marketing Officer, Residential Services at Time Warner Cable.

Hirsch was recognized in 2012 as the sole recipient of the Vanguard Award for Young Leadership and twice ranked by Forbes for his executive talents and influence in marketing and social media.

He received a Bachelor of Arts in Communications from the University of Pennsylvania and a Masters of Business Administration from The Amos Tuck School at Dartmouth College.

MEDIA CONTACTS:

Peter Wilkes
Lionsgate
310-255-3726
pwilkes@lionsgate.com

Lauren Townsend
STARZ
424-204-4072
Lauren.townsend@starz.com

View original content to download multimedia:http://www.prnewswire.com/news-releases/jeffrey-a-hirsch-elevated-to-president-and-chief-executive-officer-of-starz-300926490.html

SOURCE Starz, a Lionsgate company

Disclaimer

Lions Gate Entertainment Corporation published this content on 26 September 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 September 2019 20:12:03 UTC


© Publicnow 2019
All news about LIONS GATE ENTERTAINMENT CORP.
01/11ORGANIGRAM PREVIEW : Shares Up Near 5% on TSX Ahead of Q1 FY21 Results
MT
2020Starz Unveils Direct to Consumer Streaming Service for Indian Market
MT
2019NBCUniversal's Xfinity TV to continue carrying Lions Gate's Starz
RE
2019LIONS GATE ENTERTAINMENT : Lionsgate reports results for second quarter fiscal 2..
PU
2019LIONS GATE ENTERTAINMENT USA : Jeffrey a. hirsch elevated to president and chief..
PU
2019LIONS GATE ENTERTAINMENT USA : Join eugenio derbez and his entire family on an e..
PU
2019LIONS GATE ENTERTAINMENT USA : Great point capital partnering with lionsgate to ..
PU
2019SUMNER REDSTONE : Viacom-CBS is just the beginning of Shari Redstone's media dea..
RE
2019LIONS GATE ENTERTAINMENT USA : Lionsgate signs first-look deal with oscar® nomin..
PU
2019CBS BOARD PLANS MERGER TALKS WITH VI : Cnbc
RE
More news
Financials (USD)
Sales 2021 3 162 M - -
Net income 2021 -57,8 M - -
Net Debt 2021 2 434 M - -
P/E ratio 2021 -45,3x
Yield 2021 -
Capitalization 2 796 M 2 796 M -
EV / Sales 2021 1,65x
EV / Sales 2022 1,38x
Nbr of Employees 1 443
Free-Float 94,6%
Chart LIONS GATE ENTERTAINMENT CORP.
Duration : Period :
Lions Gate Entertainment Corp. Technical Analysis Chart | LGF.A | CA5359194019 | MarketScreener
Technical analysis trends LIONS GATE ENTERTAINMENT CORP.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 12,83 $
Last Close Price 13,42 $
Spread / Highest target 4,32%
Spread / Average Target -4,37%
Spread / Lowest Target -18,0%
EPS Revisions
Managers and Directors
NameTitle
Jon Feltheimer CEO & Non-Independent Executive Director
Mark H. Rachesky Non-Executive Chairman
Brian Goldsmith Chief Operating Officer
James W. Barge Chief Financial Officer
Theresa Miller Chief Information Officer & Executive VP
Sector and Competitors
1st jan.Capitalization (M$)
LIONS GATE ENTERTAINMENT CORP.18.03%2 796
VIVENDI SE0.68%38 244
WARNER MUSIC GROUP CORP.1.97%19 926
BOLLORÉ SE4.02%12 551
DOLBY LABORATORIES, INC.-3.19%9 491
BEIJING ENLIGHT MEDIA CO., LTD.3.31%5 644