Unbiased AI-powered news
Lionsgate has extended the contract of CEO Jon Feltheimer by two years to July 31, 2031. The extension follows a previous agreement set to end in 2029 and maintains his base salary at $1.5 million. The company recently became independent after separating from Starz and continues to produce films and TV content.
Substrate placeholder — needs reviewLionsgate announced an extension to CEO Jon Feltheimer's employment agreement on April 13, 2026. The compensation committee approved the two-year extension, which runs through July 31, 2031. This follows a 2024 agreement that was set to expire on July 31, 2029.
Feltheimer has served as CEO since March 2000, working alongside vice chairman Michael Burns. Prior to joining Lionsgate, he spent nine years at Sony Pictures, contributing to television series including Mad About You, The Nanny, Dawson's Creek, and Party of Five. 5 million, unchanged for the past 10 years.
a management incentive package, Feltheimer will receive stock options priced between $17 and $22 per share.
66 on April 15, 2026, down 43 cents or 4 percent from the previous day. 40 the prior week.
recently separated from Starz to operate as a standalone entity.
The studio produces film franchises such as John Wick and The Hunger Games. Recent box office performance includes The Housemaid, with the Michael Jackson biopic Michael scheduled for release next week. On television, Lionsgate has produced series including The Studio and The Hunting Wives.
The company is positioned amid ongoing industry consolidation efforts. In early February 2026, vice chairman Michael Burns stated to analysts that recognizable intellectual property holds significant value, citing the Warner Bros. pursuit as an example of premium content demand.
Single source — no framing comparison available.
SemaforStripe and private equity firm Advent International submitted a joint bid to acquire PayPal Holdings for more than $53 billion. PayPal shares rose as much as 20 percent in premarket trading after the report surfaced.
Chipotle will open its first location outside the U.S. in Monterrey this week. The California-based chain plans to serve its standard menu of bowls and burritos at the new site.
pravdareport.comA bipartisan group of U.S. senators introduced the Sanctioning Russia Act of 2026 on July 14. The measure replaces an earlier 500 percent tariff proposal with tariffs of up to 100 percent on the top five purchasers of Russian oil and natural gas.