Lionsgate Promotes Rahwa Ghebre-Ab to New Position of Chief Ethics, Legal Compliance Officer

Rahwa Ghebre-Ab, a seven-year veteran of Lionsgate, has been promoted to the newly created position of EVP, chief ethics and legal compliance officer — reporting to Corii Berg, EVP and general counsel.

Ghebre-Ab will continue to oversee the employment law group for Lionsgate’s corporate operations and film and television production businesses, and she will expand her oversight to include ethics, compliance and data privacy for Lionsgate’s operations in the United States, Canada, the United Kingdom and India. Her promotion creates a newly-centralized chief ethics officer position for the first time, charged with overseeing and further enhancing the company’s ethics, compliance and data privacy initiatives and ensuring that company values are incorporated in all aspects of Lionsgate’s operations.

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“Rahwa is a talented executive and a trusted adviser who has played a lead role in establishing uniform employment law policies and practices across our businesses,” Berg said in a statement.

In her expanded role, Ghebre-Ab will create and implement standardized ethics policies company-wide.  Her knowledge and expertise will help keep Lionsgate at the forefront of legal practices in creating a working environment that reflects the highest standards of ethics, compliance and data privacy.

A Forbes article notes that a growing number of “forward-looking companies” are establishing chief ethics officer positions  “to help steer corporate values more broadly and oversee everything from fair trade discussions to, more recently, ensuring AI algorithms are unbiased.”

Ghebre-Ab has served since 2018 as SVP of business and legal affairs, heading the oversight of employment law and providing legal support, strategic advice and deal analysis on all employment-related matters to the corporate leadership team. She advised on labor, employment, corporate governance, executive compensation, data privacy and compliance issues on pending mergers and acquisitions and subsequent business integrations including Lionsgate’s acquisition of Starz and investments in 3 Arts Entertainment and Pilgrim Media Group.

She also played an integral role in advising on legal and personnel issues relating to the company’s response to the global pandemic, providing counsel on the development of comprehensive health and safety protocols that allowed Lionsgate to resume its film and television production operations around the world.

Ghebre-Ab joined Lionsgate as director of business and legal affairs in 2014 and was promoted to VP of business and legal affairs in 2016.

‘A Quiet Place Part II,’ ‘Peter Rabbit 2’ Among Top Titles New to Disc and Digital July 27

Paramount’s A Quiet Place Part II and a slew of titles from Lionsgate top the list of titles new to DVD and Blu-ray July 27, while Sony Pictures’ Peter Rabbit 2 and a new animated Batman movie become available through digital retailers.

The horror sequel A Quiet Place Part II debuts on DVD, Blu-ray, and 4K Ultra HD Blu-ray from Paramount Home Entertainment. The second installment, written and directed by John Krasinski, picks up where the first left off, as the Abbott family (Emily Blunt, Millicent Simmonds, Noah Jupe) must now face the terrors of the outside world as they continue their fight for survival in silence. Forced to venture into the unknown, they quickly realize that the creatures that hunt by sound are not the only threats that lurk beyond the sand path. It earned $157.5 million at the domestic box office.

Lionsgate July 27 releases the thriller Midnight in the Switchgrass on Blu-ray and DVD. Bruce Willis and Megan Fox star as FBI agents who cross paths with a state cop (Emile Hirsch) during the investigation of a string of murders.

Also arriving on DVD July 27 from Lionsgate is the family comedy Joey & Ella. When a baby kangaroo gets accidentally swept up in a jewelry heist, she becomes separated from her mother for the first time in her young life. The story begins when two bumbling jewel thieves lose a mysterious diamond when it is pocketed by a baby circus kangaroo that escapes to a nearby barn and is found by Ella (Jennifer Michele), a lonely teen who names the critter Joey. But the magical gem causes Joey to grow quickly and gain the power of speech.

American Gods: Season Three hits Blu-ray Disc and DVD July 27 from Lionsgate. Based on the popular novel by Neil Gaiman, the Starz fantasy series stars Ricky Whittle as Shadow Moon, Ian McShane as Mr. Wednesday, Emily Browning as Laura Moon, and Crispin Glover as Mr. World. In the 10 episodes of the third season, dangerous secrets intensify the inevitable war building between the Old Gods of mythology and the New Gods of technology. When Shadow Moon discovers that his boss, Mr. Wednesday, is not only one of the Old Gods but is also his father, Shadow attempts to break away and find his own path. Guided on this spiritual journey by the gods of his black ancestors, the Orishas, Shadow puts down roots in the idyllic, snowy town of Lakeside, Wisconsin — but this small town holds dark and bloody secrets that force him to accept his destiny. Rather than facing a choice between divinity or humanity, Shadow must now decide just what kind of god he wants to be.

Lionsgate also releases a DVD of V.C. Andrews’ Landry Family 4-Movie Series. Based on the best-selling novels from V.C. Andrews, the collection includes the Lifetime movies Ruby, Pearl in the Mist, All That Glitters and Hidden Jewel. The series follows the story of Ruby Landry (Raechelle Banno) as she digs deeper into the roots of her mysterious family tree. Raised by her grandmother in the Louisiana bayou, Ruby gets caught up in a web of dark secrets and betrayal. All four movies aired in March 2021 on Lifetime.

Screen Media releases the crime drama The Birthday Cake on Blu-ray Disc and DVD July 27. In the film, Gio (Shiloh Fernandez) continues a family tradition by bringing a cake to a memorial celebration of the 10th anniversary of his father’s mysterious death, hosted by his uncle (Val Kilmer), a Brooklyn mafia boss. Gio’s life begins to change as he pieces together what really happened to his father. The cast also includes David Mazouz, Ewan McGregor, Lorraine Bracco, Ashley Benson, Aldis Hodge, Penn Badgley, Emory Cohen, Vincent Pastore and Jeremy Allen White.

The 2001 cult favorite horror fantasy Brotherhood of the Wolf makes its Blu-ray Disc debut July 27 from Scream Factory, the horror imprint of indie distributor Shout! Factory. In a rural province of France, a mysterious creature is laying waste to the countryside, savagely killing scores of women and children. Unseen, possessed of enormous strength and a human intelligence, the beast has eluded capture for years. King Louis sends in a renowned scientist and his Iroquois blood brother, an unconventional team whose combined methods and capabilities may bring the beast down. But the true nature of the beast is not what anyone could have anticipated.

Scream Factory also releases a new collector’s edition of the 1983 Stephen King Adaptation The Dead Zone, starring Christopher Walken and directed by David Cronenberg. The Blu-ray features a new 4K scan of the film and a slew of new bonus materials, including four audio commentaries.

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On the digital side of things, Sony Pictures Home Entertainment releases Peter Rabbit 2 through digital retailers. In the sequel to 2018’s Peter Rabbit, Bea, Thomas, and the rabbits have created a makeshift family, but despite his best efforts, Peter can’t seem to shake his mischievous reputation. Adventuring out of the garden, Peter finds himself in a world where his mischief is appreciated, but when his family risks everything to come looking for him, Peter must figure out what kind of bunny he wants to be. The cast includes Rose Byrne, Domhnall Gleeson and David Oyelowo, and the voices of Elizabeth Debicki, Margot Robbie and James Corden. The film earned $39.6 million at the domestic box office after being delayed more than a year due to the coronavirus pandemic. It will arrive on Blu-ray Disc, DVD and 4K Ultra HD Blu-ray Aug. 24.

Warner Bros. Home Entertainment July 27 releases Batman: The Long Halloween, Part Two for digital purchase. The film continues the storyline from Part One, due June 22, which is based on the 1996-97 comic book storyline that takes place early in Batman’s vigilante career, as the young crimefighter forms a pact with the city’s only two uncorrupt lawmen, police Capt. James Gordon and DA Harvey Dent, to take down organized crime in Gotham City, only to be tested by a serial killer who murders his victims on holidays throughout the year. The voice cast includes Jensen Ackles as Batman, Josh Duhamel as Harvey Dent, Billy Burke as Jim Gordon, Katee Sackhoff as Poison Ivy, Titus Welliver as Carmine Falcone, David Dastmalchian as Calendar Man, Troy Baker as Joker, Amy Landecker as Barbara Gordon, Julie Nathanson as Gilda Dent, Fred Tatasciore as Solomon Grundy, Jim Pirri as Sal Maroni, Alastair Duncan as Alfred, and the late Naya Rivera as Catwoman in one of her final performances, recorded before her death in 2020. A Blu-ray of Part Two arrives Aug. 10, while a 4K Ultra HD Blu-ray of both parts edited into a single film will arrive in 2022.

The thriller Profile comes out on digital July 27 from Universal Pictures Home Entertainment. Inspired by true events, Profile follows an undercover British journalist on her quest to bait and expose a terrorist recruiter through social media, while trying not to be sucked in by her recruiter and lured into becoming a militant extremist herself. The unconventional thriller directed by Timur Bekmambetov (Wanted) plays out entirely on a computer screen in the screen life format. It arrives on Blu-ray Disc and DVD Aug. 10.

Later this week, on Friday, July 30, the musical In the Heights will be available for  premium digital sale from Warner Bros. Home Entertainment. It arrives on Blu-ray Disc, DVD and 4K Ultra HD Blu-ray Aug. 31.

A complete list of new disc and digital releases, compiled each week by the Media Play News market research team, can be found here.

Lionsgate Inks NFT Deal With Tom Brady Company

Lionsgate July 21 announced it has signed a deal with Autograph, a non-fungible token-based (NFT) business marketing athlete’s collectible digital assets co-founded by NFL superstar Tom Brady.

NFTs have been around since 2017, but have risen in popularity recently in entertainment circles as a way for artists, content holders and businesses to better monetize their assets digitally. An NFT asset has a unique digital code embedded that enables the original owner to receive a percentage of sales whenever their prowess or content is sold to a new owner.

Lionsgate will launch Autograph’s entertainment vertical with several film and television properties. The first wave of collectible content will focus on movie franchises “John Wick,” “The Hunger Games,” “Dirty Dancing” and “The Twilight Saga,” in addition to TV series “Mad Men.”

“NFTs present a tremendous opportunity for mixed-reality world building experiences, deepening user engagement and interaction and fostering a community for our hundreds of millions of global consumers to create one-of-a-kind digital collections and Autograph is the optimal destination for this discovery,” Jenefer Brown, EVP and head of Lionsgate Global Live, Interactive & Location-Based Entertainment, said in a statement.

Autograph, which inked exclusive NFT deals with Tiger Woods, Wayne Gretzky, Derek Jeter, Naomi Osaka and Tony Hawk, in addition to digital sports entertainment company DraftKings. Woods & Co. will be joining Autograph’s advisory board to help market the platform and concept.

Merchandising: ‘Spiral’ Steelbook at Best Buy

The list of new releases for July 20 wasn’t too extensive, with the only notable theatrical release making its way to disc being Lionsgate’s Spiral: From the Book of Saw.

In fact, some Southern California Target and Walmart locations didn’t even bother updating their new-release shelves with the latest entry in the “Saw” franchise.

Best Buy offered a Steelbook edition of the 4K Ultra HD Blu-ray combo pack, at $29.99.

Best Buy also began a summer movie sale in which shoppers can buy one movie from a select list and get a second for 50% off.

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‘Hitman’s Wife’s Bodyguard’ Shooting to Digital July 23, Disc Aug. 17

The Hitman’s Wife’s Bodyguard, the sequel to 2017’s The Hitman’s Bodyguard, arrives on digital July 23 and on 4K Ultra HD combo pack (plus Blu-ray and digital), Blu-ray combo pack (plus DVD and digital), DVD and on demand Aug. 17 from Lionsgate.

The film stars Ryan Reynolds, Samuel L. Jackson, Salma Hayek, Antonio Banderas and Morgan Freeman.

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The world’s most lethal odd couple — bodyguard Michael Bryce (Reynolds) and hit man Darius Kincaid (Jackson) — are back. Still unlicensed, Bryce is forced into action by Darius’s wife, the infamous international con artist Sonia Kincaid (Hayek). As Bryce is driven over the edge by the volatile spouses, the trio get in over their heads in a global plot and soon find that they are all that stand between Europe and a vengeful and powerful madman (Banderas).

Special features include featurettes, a gag reel and theatrical trailers.

‘Spiral,’ ‘Walking Dead,’ ‘Star Trek: Discovery’ Top July 20 Disc Releases

July 20 sees the DVD and Blu-ray Disc releases of Lionsgate’s Spiral: From the Book of Saw and The Walking Dead: Season 10, in addition to Paramount’s Star Trek: Discovery — Season Three.

The latest “Saw” franchise entrant, Spiral: From the Book of Saw, arrives on 4K Ultra HD combo pack (plus Blu-ray and digital), Blu-ray combo pack (plus DVD and digital), DVD and on demand July 20 from Lionsgate and Twisted Pictures. It was released digitally a week earlier. In the latest installment of the horror franchise, a criminal mastermind unleashes a twisted form of justice. Working in the shadow of his father, an esteemed police veteran (Samuel L. Jackson), brash Detective Ezekiel “Zeke” Banks (Chris Rock) and his rookie partner (Max Minghella) take charge of a grisly investigation into murders that are eerily reminiscent of the city’s gruesome past. Unwittingly entrapped in a deepening mystery, Zeke finds himself at the center of the killer’s morbid game.

Lionsgate releases The Walking Dead: The Complete Tenth Season on Blu-ray Disc and DVD July 20. The collection includes all 22 episodes from the extended 10th season, in which the collected communities prepare for war against the brutal Whisperers. Additional episodes include the flashback episode “Here’s Negan,” which presents the origin story of the fan-favorite character played by Jeffrey Dean Morgan. The season also sees the departure of Michonne, played by Danai Gurira, and the return of Maggie, played by Lauren Cohan.

CBS and Paramount Home Entertainment release Star Trek Discovery: Season Three on Blu-ray Disc and DVD July 20. A limited-edition Blu-ray in Steelbook packaging also will be available. The four-disc set includes all 13 episodes of the latest season of the Paramount+ series, in which the crew of the U.S.S. Discovery travels 900 years into the future and learns that by the 32nd century the Federation has been shattered by a mysterious cataclysm that disrupted warp travel in the galaxy.

The action comedy Die in a Gunfight comes out on DVD and Blu-ray July 20 from Lionsgate. In Die in a Gunfight, Mary (Alexandra Daddario) and Ben (Diego Boneta) are the star-crossed black sheep of two powerful families engaged in a centuries-long feud — and they’re about to reignite an affair after many years apart. Their forbidden love will trigger the dominoes that will draw in Mukul (Wade Allain-Marcus), Ben’s best friend, who owes him a life debt; Terrence (Justin Chatwin), Mary’s would-be protector-turned-stalker; Wayne (Travis Fimmel), an Aussie hitman with an open mind and a code of ethics; and his free-spirited girlfriend, Barbie (Emmanuelle Chriqui). As fists and bullets fly, it becomes clear that violent delights will have violent ends.

Lionsgate releases The Spanish Princess Part 2 on DVD July 20. The collection includes the final eight episodes of the Starz series, which tells the epic story of Queen Catherine of Aragon and King Henry VIII. Based on the best-selling novels The King’s Curse and The Constant Princess written by Philippa Gregory, the miniseries stars Charlotte Hope (“Game of Thrones”) as Catherine and Ruairi O’Connor (“Delicious”) as Henry VIII.

AMC Networks-owned RLJE Films and horror streaming service Shudder release Jakob’s Wife on Blu-ray Disc and DVD July 20. The film stars Barbara Crampton as Anne, the wife of a small-town minister (Larry Fessenden). She feels like her life and marriage have been shrinking over the past 30 years, but after a chance encounter with “The Master” (Bonnie Aarons), she discovers a new sense of power and an appetite to live bigger and bolder than before. As Anne is increasingly torn between her enticing new existence and her life before, the body count grows and Jakob realizes he will have to fight for the wife he took for granted.

Indican Pictures July 20 releases the comedy Rock Paper Scissors on DVD and Digital HD. Rock Paper Scissors follows best friends Kelvin and Cheddar, as they try to go from losers to cool kids by engaging in the International Tournament of Rock Paper Scissors.

Paramount Home Entertainment releases Romulus Entertainment’s Gully on DVD July 20. The film is currently available via digital sellthrough and VOD. The feature film debut of director Nabil Elderkin, Gully is the explosive and timely story of three boyhood friends — Calvin, Nicky and Jesse — surviving an upbringing in L.A.’s roughest neighborhoods. Steeped in violence but united by friendship, together they find their escape in one out-of-control night of partying. But when the rampage stops, retribution begins.

The horror thriller Initiation arrives on Blu-ray (plus digital) and DVD July 20 from Lionsgate. Social media turns sinister when Lindsay Lavanchy (“Scream: The TV Series”), Jon Huertas (TV’s “This Is Us”), Lochlyn Munro (The Predator), Isabella Gomez (TV’s “One Day at a Time”), Froy Gutierrez (TV’s “Teen Wolf”), Bart Johnson (“High School Musical” franchise), Yancy Butler (“Kick-Ass” franchise) and Gattlin Griffith (Changeling) try to survive pledge week in this slasher film. The carefree partying turns deadly serious when a star athlete is found impaled in his dorm. The murder ignites a spree of sinister social-media messages, sweeping the students and police into a race against time to uncover the truth behind the school’s dark secrets and the horrifying meaning of a recurring symbol: a single exclamation mark.

Warner Bros. Home Entertainment releases Shameless: The Eleventh and Final Season on DVD July 20. The three-DVD set will include all 12 episodes from the final season of the comedic Showtime series, which follows the irreverent lower-class Gallagher family as they scheme and struggle to get by on Chicago’s South Side. The show stars William H. Macy as Frank Gallagher, the outspoken, alcoholic patriarch of the clan whose independent-minded children do their best to be rid of him. The final season finds Frank’s health failing as he deals with dementia, while the rest of the clan considers going their separate ways after selling the family house.

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The Japanese actioner Hydra hits digital, Blu-ray and DVD July 20 from Well Go USA Entertainment.

The sci-fi classic Flight to Mars (1951) is coming out on special-edition Blu-ray and DVD July 20 from Cinedigm and the Film Detective for its 70th anniversary. Filmed in Cinecolor with special effects ahead of its time, Flight to Mars blasted into theaters at the dawn of the 1950s science-fiction boom from legendary producer Walter Mirisch (Some Like It HotThe Magnificent SevenWest Side StoryThe Great EscapeThe Pink Panther).

MPI Media Group July 20 releases a DVD of Code 3: L.A. Sheriff’s Case Files, a vintage 1957 TV show that, like “Dragnet,” was based on actual police case files. The collection will contain all 39 episodes from the police procedural series, from Hal Roach Studios and producer Ben Fox.

RLJE Films, a division of AMC Networks, releases Gangs of London: Season One on Blu-ray Disc and DVD July 20.

The 1986 film The Wraith arrives on Blu-ray (plus digital) July 20 from Lionsgate as part of the Vestron Video Collector’s Series.

The horror titles Siege, Born for Hell and Skinned Deep are coming to to Blu-ray Disc July 20 from Severin Films and MVD Entertainment Group.

Paramount Pictures’ G.I. Joe: The Rise of Cobra and G.I. Joe: Retaliation, based on Hasbro’s action figures, make their U.S. 4K Ultra HD Blu-ray debuts on July 20 from Paramount Home Entertainment. The releases, coming in anticipation of the theatrical premiere of Snake Eyes: G.I. Joe Origins, include Dolby Vision and HDR-10.

On the digital front, the comedic drama Here Today, starring Billy Crystal and Tiffany Haddish, becomes available for digital purchase July 20, ahead of its DVD and Blu-ray Disc release Aug. 3, from Sony Pictures Home Entertainment. In the film, when veteran comedy writer Charlie Burnz (Crystal) meets New York singer Emma Payge (Haddish), they form an unlikely yet hilarious and touching friendship that kicks the generation gap aside and redefines the meaning of love and trust. Inspired by the short story “The Prize” by Alan Zweibel, Here Today is directed by Crystal and also stars Penn Badgley, Laura Benanti, Louisa Krause, Anna Deavere Smith and Nyambi Nyambi.

Also this week, action comedy sequel The Hitman’s Wife’s Bodyguard becomes available for digital purchase Friday, July 23, before its DVD and Blu-ray debut Aug. 17.

The horror film The Conjuring: The Devil Made Me Do It will arrive for premium digital ownership July 23, before it arrives on Blu-ray Disc, DVD and 4K Ultra HD Blu-ray Aug. 24.

A complete list of new disc and digital releases, compiled each week by the Media Play News market research team, can be found here.

Lionsgate Acquires Rights to Kevin Smith’s ‘Clerks 3’

Lionsgate July 19 announced it has acquired worldwide rights to Kevin Smith’s Clerks III, the new sequel to the cult classic of indie cinema, which is currently in pre-production in New Jersey and will begin production next month.

Director Kevin Smith

Smith has written the script and will direct, with all major cast members set to reprise their roles — Jeff Anderson as Randal, Brian O’Halloran as Dante, Jason Mewes as Jay, Kevin Smith as Silent Bob, and Rosario Dawson as Becky. The film will be produced by Liz Destro and Jordan Monsanto.

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In Clerks III, following a massive heart attack, Randal enlists fellow clerks Dante, Elias, Jay, and Silent Bob to make a movie immortalizing his life at the convenience store that started it all.

“There’s a saying from the Tao that goes something like ‘To be great is to go on. To go on is to go far. To go far is to return’” Smith said in a statement.

Smith said the movie would be shot on location in New Jersey, where the original 1994 Clerks was filmed.

“As an ode to both the enduring allure of cinema and the resourcefulness and lunacy of its storytellers,” Smith said. “Years ago, Dante and Randal made me a filmmaker — so now it’s time I return the favor.”

Indeed, Smith jokes that 2021 marks the 27th year since the last time he had a real job. On July 23, Smith premieres “Masters of the Universe: Revelation” on Netflix.

Eda Kowan, EVP of acquisitions and co-productions for Lionsgate, said the “Clerks” movies are audience favorites and many of Smith’s films, such as Dogma, Red State and Jay and Silent Bob Reboot, are a beloved part of the Lionsgate library.

“We’re thrilled to be presenting the next chapter in the ‘Clerks’ saga to moviegoers worldwide,” said Kowan, who acquired the project and will oversee the film for Lionsgate.

Kowan, Grace Duplissea and Kaycee Holcomb negotiated the deal for Lionsgate. Destro and Jackie Eckhouse at Sloss Law negotiated the deal on behalf of Kevin Smith and the producers.

Action Comedy ‘Die in a Gunfight’ Coming to DVD and Blu-ray July 20

The action comedy Die in a Gunfight will come out on DVD and Blu-ray July 20 from Lionsgate.

It is available now in theaters and on demand.

In Die in a Gunfight, Mary (Alexandra Daddario) and Ben (Diego Boneta) are the star-crossed black sheep of two powerful families engaged in a centuries-long feud — and they’re about to reignite an affair after many years apart. Their forbidden love will trigger the dominoes that will draw in Mukul (Wade Allain-Marcus), Ben’s best friend, who owes him a life debt; Terrence (Justin Chatwin), Mary’s would-be protector-turned-stalker; Wayne (Travis Fimmel), an Aussie hitman with an open mind and a code of ethics; and his free-spirited girlfriend, Barbie (Emmanuelle Chriqui). As fists and bullets fly, it becomes clear that violent delights will have violent ends.

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Season Six of ‘Fear the Walking Dead’ Coming to Disc Aug. 31

Season six of “Fear The Walking Dead” arrives on Blu-ray (plus digital) and DVD Aug. 31 from Lionsgate.

“Fear The Walking Dead” season six stars Alycia Debnam-Carey (TV’s “The 100,” Friend Request, Into the Storm), Colman Domingo (TV’s “Euphoria,” Ma Rainey’s Black Bottom, If Beale Street Could Talk), Lennie James (TV’s “The Walking Dead” and “Save Me,” Blade Runner 2049), Maggie Grace (“Taken” franchise, TV’s “Lost,” The Hurricane Heist), Austin Amelio (TV’s “The Walking Dead,” Everybody Wants Some!!, Mercy Black), Colby Minifie (TV’s “The Boys,” “The Marvelous Mrs. Maisel,” and “Jessica Jones”), and Karen David (TV’s “Legacies,” “Once Upon a Time,” and “Ryan Hansen Solves Crimes on Television”).

In season six, after being torn apart by the Pioneers, Morgan’s (James) group is now dispersed across their far-reaching settlements, with life behind the Pioneers’ walls testing each of the group’s members in different ways — and forcing them to define who they really are in this new world. As Morgan’s bid to free the remaining members of the group grows bolder, Virginia’s (Minifie) desperation to find her sister accelerates, as does her need to protect the settlements from the enemy forces outside — and within. With new alliances forming, relationships dissolving, loyalties switching, and everyone forced to take sides, “The End Is the Beginning” reveals its deepest meaning.

Extras include audio commentaries.

Lionsgate Acquires Stake in Spyglass Media Group, Enhances Home Entertainment Catalog

‎Lionsgate has acquired the majority of the Spyglass Media Group feature film library of approximately 200 movies, and formed a strategic content partnership with the content producer headed by former MGM Studios boss Gary Barber.

The agreement gives Lionsgate a 20% investment stake in Spyglass, whose assets include the latest installment of the “‎‎Scream‎”‎ horror franchise to be released Jan. 14, 2022; feature film ‎‎The Upside‎‎; fashion competition series “‎Project Runway‎”; and the revival of the “‎‎Hellraiser‎”‎ franchise, currently in pre-production.‎ The agreement also includes a multiyear first-look television deal with Lionsgate Television.

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Barber will continue to lead Spyglass as its chairman/CEO and the senior leadership team will remain in their current roles.

Library titles acquired encompass a broad range of commercial and critical hits, including Fruitvale StationThe King’s SpeechScream 4Scary Movie 5Spy Kids 4PaddingtonSilver Linings PlaybookLee Daniel’s The Butler and a growing portfolio of Quentin Tarantino titles — Django Unchained, Inglourious Basterds and The Hateful Eight.

Lionsgate generated more than $700 million in catalog-based revenue in its most-recent fiscal year across multiple distribution channels, including retail packaged media, rental, digital sellthrough and streaming.

“This agreement continues to grow our valuable portfolio of IP while partnering us with Gary Barber, one of the leading entrepreneurs and content creators in the business,” Lionsgate CEO Jon Feltheimer said in a statement. “It is a win/win deal that creates significant incremental value for both companies while continuing to add to our global content distribution platform at a time when the demand for premium content is greater than ever.”

Spyglass strategic investors include Andy Mitchell, founder, CEO and managing partner of Lantern Capital Partners; Toby Emmerich, chairman of Warner Bros. Pictures Group; Tarak Ben Ammar, chairman of Eagle Pictures; and Mooky Greidinger, CEO of Cineworld Group.

The transaction was negotiated for Lionsgate by chief operating officer Brian Goldsmith and Lionsgate EVP and general counsel Corii Berg, with Sheppard Mullin LLP acting as legal advisor. The transaction was negotiated for Spyglass by a team headed by chief legal officer Cheryl Rodman, with Moelis & Company LLC serving as the exclusive financial advisor and Venable LLP acting as a legal advisor for Spyglass Media Group.