Starz has continued to post steady growth in streaming subscriptions. Read Next: ‘This Isn’t The Right Time’ For ‘No Time To Die,’ says Daniel Craig, Milla Jovovich’s Thriller ‘Monster Hunter’ Moves Forward to 2020, Gold House Movement Supports Filipina Drama ‘Yellow Rose’ — Film News in Brief, Andy Samberg, Common, Craig Robinson to Star in Comedy ‘Super High’, numbers that were above Wall Street estimates, Clark Middleton, Actor in 'The Blacklist,’ ‘Twin Peaks,’ Dies at 63, ‘The Batman’ Delayed to 2022, ‘Matrix 4’ Release Moves Up, 'Teenage Bounty Hunters' Canceled After One Season at Netflix, Denis Villeneuve’s ‘Dune’ Delays Release Date, ‘GLOW’ Season 4 Canceled Due to COVID-19 Pandemic, Thomas Jefferson Byrd, Actor in Spike Lee Films, Killed in Atlanta, Why ‘Tenet’ Was the Wrong Movie at the Wrong Time (Column), ‘This Isn’t The Right Time’ For ‘No Time To Die,’ says Daniel Craig, Bruce Lee’s Daughter Shannon Recalls His Struggle to Make ‘Enter the Dragon’ in New Book Excerpt (EXCLUSIVE), Chloë Grace Moretz to Star in Amazon Series ‘The Peripheral’ (EXCLUSIVE), Led Zeppelin Wins 'Stairway to Heaven' Copyright Battle as Supreme Court Refuses to Hear Case, ‘The Witcher’ Season 2 Gets First Look at Henry Cavill’s New Armor, Megan Thee Stallion Delivers Powerful 'Protect Black Women' Statement on 'SNL', The 10 Best ‘Gilmore Girls’ Music Moments, Taylor Lautner Buys Striking Agoura Hills Mansion, The Best Bose Soundbar is Under $200 for the First Time This Year, Home Tours: This $24 Million Telluride Mansion Is a Modern Take on the Skier’s Log Cabin, Big Four Broadcast Rights Pacts Becoming ‘Loss Leaders’ for Networks, A Tea-Lover’s Guide to the Best Tea Brands in the World. Lionsgate’s stock has rallied of late after cratering to nearly $4 a share in the springtime. He just kept chasing the thrill he got from entertainment in all its forms—and it certainly didn’t hurt that, armed with an economics degree from Washington University in St. Louis, he knew his way around a business deal. © Copyright 2020 Variety Media, LLC, a subsidiary of Penske Business Media, LLC. That surge followed a victory over activist shareholder Carl Icahn, who waged a bitter proxy fight with Lionsgate and sought to oust Feltheimer over increased production budgets, which Icahn felt invited risk. Unlike a lot of his show business peers, Jon Feltheimer didn’t always dream of moguldom. American businessman Jon Feltheimer is the CEO of Lions Gate Entertainment who has an estimated net worth of $30 million. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. He tends to say, ‘OK, what if we went the other way with this? Top selling and award winning movies, tv shows, their Actors Producers and Directors. “I remember the casting director saying to me, ‘You’re going to be a really good executive, but you might want to hold back your thoughts and play your cards a little closer to the vest,’” he says with a light chuckle. Having absorbed the $4.4 billion Starz acquisition and rectified problems in its film division, Lionsgate has been on a smoother trajectory of late, though it has faced challenges from COVID-19 like all studios. The new setup gives the board greater flexibility in terms of the company’s management structure moving forward. All of these relationships require finesse—a key Feltheimer trait. I don’t hate that idea,’” Burns jokes. Send us a tip using our annonymous form. He engineered a series of acquisitions of companies, from smaller firms like Artisan and Trimark, to bigger ones like Starz and Summit. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. On. Starz has continued to post steady growth in streaming subscriptions. I’m better when I’m direct and let the chips fall where they may.”. He took over the position since March 21, 2000 and served as the Co-Chairman of the Board since June 2005. Lionsgate’s stock has rallied of late after cratering to nearly $4 a share in the springtime. Variety and the Flying V logos are trademarks of Variety Media, LLC. Now in 50 countries, Starz has extended its reach into key territories like India, Japan and Germany, where it has no linear pay-TV presence.
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