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    Final Cut in Venice selects eight work-in-progress films for 13th edition

    Final Cut in Venice selects eight work-in-progress films for 13th edition

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      Final Cut in Venice selects eight work-in-progress films for 13th edition

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      Netflix achieves record growth with 18.9m new subscribers in Q4

      Netflix surpasses expectations in Q2, raises full-year forecasts

      Kratos and Intelsat demonstrate 5G NTN over GEO

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      Kuwaiti creators reimagine Kuwait city as a cyberpunk metropolis with Nvidia

      Kuwaiti creators reimagine Kuwait city as a cyberpunk metropolis with Nvidia

      CT Middle East makes major investment in Robe lighting equipment

      CT Middle East makes major investment in Robe lighting equipment

      Red Sea Fund 2024 invites applications for production cycle

      White Oryx Short Film Festival opens submissions for 2025 edition

      Trending Tags

      • broadcast
      • MENA broadcast
      • ConnecTech2019
    • Tech Features
      • All
      • CASE STUDIES
      • New Media
      • REVIEWS
      • TV/Radio Deals
      • Updates from FOMEX
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      The expanding role of AI in broadcast

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      The power of podcasts and audio streaming in MENA

      Tech strategies for an evolving modern MENA media ecosystem

      Tech strategies for an evolving modern MENA media ecosystem

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      SMF and FOMEX bring top industry leaders together in Riyadh – Part IV

      SMF and FOMEX bring top industry leaders together in Riyadh – Part I

      SMF and FOMEX bring top industry leaders together in Riyadh – Part III

      SMF and FOMEX bring top industry leaders together in Riyadh – Part II

      SMF and FOMEX bring top industry leaders together in Riyadh – Part II

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        Integrate ME 2023 brings its inaugural edition to successful conclusion

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        Why it’s game on for broadcasters of live sport

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        Evision’s transformation proves that business acumen and passion drive success

        Saudi Arabia emerges as the epicentre of Media & Entertainment in 2025

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      Home News International News

      Lionsgate extends contract of CEO Jon Feltheimer

      Staff Reporter by Staff Reporter
      August 16, 2022
      in International News, News
      Lionsgate appoints Adam Fogelson as Vice Chair of Motion Picture Group
      ShareTweetPostEmail

      The new contract extends his tenure through August 21, 2025.

      Lionsgate has extended the employment agreement of CEO Jon Feltheimer for another year.

      The decision follows a 2020 extension, which included an option enabling the company’s board of directors to re-up him through August 2025.

      Lionsgate’s compensation committee made the decision to exercise its option under the employment agreement with the studio head to keep him as CEO through 2025, the studio said in a Securities and Exchange Commission filing.

      The new deal for the media executive, who has run Lionsgate since 2000, expires on August 21. When he signed an extension in 2016, it carried the expiration date of May 22, 2023. 

      Feltheimer’s new deal will pay him at the same compensation level. Lionsgate disclosed in a proxy filing last month that Feltheimer’s compensation for the fiscal year that ended March 31 had increased from $6.6m to $11.07m, due to a $6.3m bonus.

      The board of directors has also approved an award to Feltheimer of share appreciation rights of 2m of Class B non-voting shares with an exercise price of $8.17 and will vest in one instalment on August 21, 2023, subject to Feltheimer’s continued employment.

      Extending Feltheimer’s contract follows the Lionsgate Television Group disclosing that it had 14 new shows picked up to series and 15 current series renewed for additional seasons. 

      Feltheimer joined Lionsgate after a run in Sony’s TV exec ranks. He engineered a series of acquisitions of companies, from smaller firms like Artisan and Trimark, to bigger ones like Starz and Summit.

      Tags: Jon FeltheimerLionsgateLionsgate CEOSecurities and Exchange Commission

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