August 15, 2022
Lionsgate Aug. 15 disclosed it has extended the employment contract of CEO Jon Feltheimer through Aug. 21, 2025.
Feltheimer, who turns 71 on Sept. 2, has headed the Santa Monica-based studio/distributor since 2000. As part of the extended agreement, the executive receives $1.5 million in base salary with upwards of $7 million in performance-based stock compensation beginning with the 2023 fiscal year. Feltheimer’s previous employment contract ran through 2024.
Under Feltheimer’s leadership, Lionsgate in 2014 acquired the Starz multiplatform content distribution platform, which has now produced several branded subscription streaming video services domestically and abroad.
In addition to a strong home entertainment business, Lionsgate continues to generate television programs for third-party distributors, including 14 new series and 15 season renewals.