Lionsgate Extends CEO Jon Feltheimer’s Contract

Dave McNary Film ReporterThe top two Lionsgate executives have told shareholders that the media conglomerate is poised to thrive amid the post-pandemic environment.“We had a strong and successful year moving our company forward in fiscal 2020 despite the extraordinary challenges of the global pandemic, creating lasting and incremental value across our film, television and Starz businesses,” said chief executive officer Jon Feltheimer and vice chairman Michael Burns in their letter to

Amanda N'Duka pmc-editorial-managerMasters of Sex alum Lizzy Caplan, Antony Starr from Amazon’s The Boys, Cleopatra Coleman, and Woody Norman are set to star in Cobweb, a Lionsgate thriller which will begin production later this month in Sofia, Bulgaria.

Audio entertainment giant SiriusXM is disciplined in its content spending, but willing to pay for attractive programming, CEO Jim Meyer said during a virtual investor conference on Tuesday. Appearing at the virtual Goldman Sachs Communacopia Conference, he was asked about the firm's roughly $460 million content spend in 2019, or 6 percent of revenue, in addition to $1.7 billion in music royalties.

Satellite radio giant SiriusXM said Tuesday that CEO James Meyer will step down as CEO on Dec. 31 and become vice chairman.

Also Read: 'The Walking Dead' to End After 11 Seasons, 2 New Spinoffs in the Works“Sean joined AMC Networks a decade ago as we were preparing to become a separately traded public company,” AMC Networks President and CEO Josh Sapan said in a statement on Tuesday. “Since that time he has not only been a superb CFO, but a critical member of the executive team and a valued business partner to me.

Jill Goldsmith Co-Business EditorIn a lively morning of executive shuffles, AMC Networks said Sean Sullivan, chief financial officer, will be jumping to SirusXM in mid-October, as the satellite broadcaster announced that its CEO Jim Meyer and its CFO David Frear are both stepping down. AMC Networks said it will appoint an interim CFO or successor prior to Sullivan’s departure.SiriusXM said Meyer will retire on December 31 and Jennifer Witz, president, Sales, Marketing and Operations, will take

Jem Aswad Senior Music EditorSiriusXM today announced that Chief Executive Officer Jim Meyer intends to retire on December 31, 2020.Upon his retirement, Jennifer C. Witz, President of Sales, Marketing and Operations, will become the Company’s new CEO.Gregory B.

Clayton Davis The Academy of Motion Picture Arts and Sciences sent ripples through the industry Tuesday with the announcement of new diversity and representation requirements for best picture beginning in 2024.

Jill Goldsmith Co-Business EditorSiriusXM CEO Jim Meyer said he’s “optimistic” about striking a new deal with the company’s star property Howard Stern, whose contract expires at year end. The renewal has been a focus of Wall Street and the press for months as the deadline approaches.“I am personally deeply engaged in conversations with Howard’s team.

Lionsgate and CEO Jon Feltheimer has extended his long-term employment agreement, keeping him at the Hollywood studio potentially to August 2025. On Wednesday, Lionsgate in an SEC filing said his contract will now run to Aug.

Dade Hayes Finance EditorJon Feltheimer has renewed his contract as CEO of Lionsgate further into 2023 than his previous deal, with the company’s board now having the option to extend him for up to two more years beyond that.The new deal for the longtime media executive, who has run Lionsgate since 2000, expires August 21. When he signed an extension in 2016, it had carried the expiration date of May 22, 2023.

Paramount Pictures has extended its first-look film deal with “Sonic the Hedgehog” producer Neal Moritz and his Original Film production company, the studio announced on Wednesday.The deal is a two-year extension that will continue the studio’s relationship through the end of 2023.

Justin Kroll Senior Film ReporterParamount has reupped its first-look deal with producer Neal Moritz, giving the acclaimed producer a two-year extension on his current pact. It extends the studio’s relationship with Moritz through December 2023.“I am thrilled to extend this relationship with Neal and Original Film, which already has been so fruitful with the success of Sonic the Hedgehog,” Paramount Pictures chairman and CEO Jim Gianopulos said Wednesday.

RuPaul’s Drag Race star Chi Chi DeVayne has died aged 34.

< 1 min read Chi Chi DeVayne, the stage name of Zavion Davenport, who competed on two different seasons of RuPaul’s Drag Race has died at age 34. News of the drag queen’s passing came Thursday, less than a week after DeVayne informed her Instagram followers that she was back in the hospital.

RuPaul's Drag Race star Chi Chi DeVayne, who died yesterday at the age of 34.DeVayne, whose real name was Zavion Davenport, had been in hospital since 16 August following a pneumonia diagnosis in early August.World of Wonder, Drag Race's production company, confirmed the news of DeVayne death, writing on Twittter: “We’re heartbroken to learn that Chi Chi DeVayne has passed away today."Trump again references staying on for a third term as president in Yuma campaign speech""Donald Trump claims

Tributes have been paid to “kind and beautiful soul” Chi Chi DeVayne after the drag queen’s death at the age of 34.