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61-412: Flyy Girl is an African-American coming-of-age story that follows Tracy Ellison from her sixth-birthday party in 1977 to her 17th birthday. Tracy grows up in the middle-class Philadelphia suburb of Germantown. The daughter of a dietitian and pharmacist, Tracy is beautiful, intelligent, and armed with self-esteem and a sassy mouth. Tracy is also boy crazy, which leads to sex in the indulgent, hip-hop 1980s and

122-566: A $ 13.4 million line of credit. Additional acquisition funding arrived in January 2000 as a $ 33.1 million investment from an investor group that included Paul Allen , former Sony Pictures executive Jon Feltheimer , German broadcasting company Tele-Munchen, and SBS Broadcasting SA. This led to Feltheimer taking over as CEO from Giustra thus the passed over Doroniuk left the company. Feltheimer increased film making including several $ 1 million films at Avalanche. However, Federgreen still remains one of

183-505: A $ 4.6-billion value on Lionsgate Studios and the deal was closed on May 7, 2024. The company was launched on May 14, 2024 and it has been trading on Nasdaq via the stock symbol LION. Lionsgate will remain the controlling shareholder owning around 87% of Lionsgate Studios following the split. in November 28, 2024, Lionsgate rebranded to Starz Entertainment to distinguish itself from Lionsgate Studios. Lionsgate Interactive Ventures and Games

244-572: A 49% stake in TV Guide Network and website to One Equity Partners under pressure from shareholder Carl Icahn . Lionsgate cut back its slate of films per year by four in February 2009. In April, Relativity Media signed with Lionsgate for a 5 picture per year multi-year film distribution. In August, Lionsgate signed with Redbox for a five-year same day release deal worth $ 158 million. Lionsgate, along with MGM and Paramount Pictures / Viacom ,

305-657: A Lionsgate subsidiary. The company agreed in August to lease term with New Mexico State Land Office and the city of Rio Rancho for a new 52.8 acres studio near Rio Rancho's under construction city center and arena. On July 26, 2007, Lionsgate bought a partial stake in independent film distribution company Roadside Attractions . Lionsgate started up Lionsgate Music by June 2007. On September 10, 2007, Lionsgate bought Mandate Pictures for $ 56.3 million, $ 44.3 million in cash and $ 12 million in stock, and taking on $ 6.6 million of Mandate's debt. Mandate Chief Executive Joe Drake returned to

366-464: A bankrupt film distributor previously invested in by Guber and Yorktown Securities, for its film library. IMG's CEO Peter Strauss became President of Lions Gate Entertainment, Inc. (LGE), the American parent company for Lionsgate's U.S. interests. The Lions Gate Media subsidiary was also formed to produce for television. Completing its first year of operation, Lionsgate had a revenue of $ 42.2 million with

427-503: A competing stock exchange IEX (which operated with a 350-microsecond delay in trading), gained approval from the SEC , despite lobbying protests by the NYSE and other exchanges and trading firms. On July 24, 2017, the NYSE renamed NYSE MKT to NYSE American, and announced plans to introduce its own 350-microsecond "speed bump" in trading on the small and mid-cap company exchange. Past presidents of

488-450: A gong at 3 PM. Orders for the purchase and sale of securities were shouted down from the windows of nearby brokerages, with the execution of the sale then shouted back up to the brokerage. As of 1907, E. S. Mendels gave the brokers rules "by right of seniority", but the curb brokers intentionally avoided organizing. According to the Times , this came from a general belief that if a curb exchange

549-606: A group of Curb brokers formed a real estate company to design a building, Starrett & Van Vleck designed the new exchange building on Greenwich Street in Lower Manhattan between Thames and Rector, at 86 Trinity Place. It opened in 1921, and the curbstone brokers moved indoors on June 27, 1921. In 1929, the New York Curb Market changed its name to the New York Curb Exchange. The Curb Exchange soon became

610-567: A joint investment of $ 195–400 million in Lionsgate and acquired a 3.4% stake in the company. Then on June 30, 2016, Lionsgate agreed to acquire Starz Inc. for $ 4.4 billion in cash and stock. As of December 2016, it became the parent company of Starz Inc. On November 12, 2015, Lionsgate created a partnership with Armenian American television producer Craig Piligian when the studio acquired more than 50% of his Pilgrim Studios company worth $ 200 million. Piligian retained his position as CEO of

671-407: A loss of $ 397,000. The company share price dropped to a low of $ 1.40. This limited the corporation's ability to make acquisitions via stock swaps. Lionsgate instead made its next acquisition of Termite Art Productions, a reality-based television production company, for $ 2.75 million by issuing three convertible promissory notes. Giustra had the shareholders vote to move the company's public listing from

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732-551: A month after the bidding war announcement, Variety reported in a detailed article that toy manufacturing company Hasbro (which had collaborated with the company in the 2017 film My Little Pony: The Movie via its Allspark Pictures theatrical film financing unit which is in turn owned by its Allspark division) came close to also acquiring Lionsgate, but the deal fell through. Hasbro would later go on to acquire Entertainment One (eOne; another Canadian-founded business) on December 30, 2019. On October 3, 2019, Malone completed

793-476: A possible merger with Lionsgate. On April 1, 2015, according to Deadline , Lionsgate announced it has created its new label, Lionsgate Premiere . This new label will handle up to 15 releases a year, targeting young audiences at theaters and digital outlets. The new label, part of the company's diversification effort, will incorporate Lionsgate and Summit Entertainment titles (including the Step Up film series and

854-542: A seat on the American Stock Exchange. Peterffy created a major stir among traders by introducing handheld computers onto the trading floor in the early 1980s. ETFs or exchange-traded funds had their genesis in 1989 with Index Participation Shares, an S&P 500 proxy that traded on the American Stock Exchange and the Philadelphia Stock Exchange . This product was short-lived after a lawsuit by

915-436: Is Starz , a premium cable and satellite television network and streaming service that also includes sister channels Starz Encore and MoviePlex . In addition to the "Sphere" family of channels ("MovieSphere by Lionsgate", "OuterSphere by Lionsgate", "HerSphere by Lionsgate"), Lionsgate also operates other streaming services and FAST channels through various partnerships. In a joint venture with Ebony Media Group ,

976-612: Is always the key to happiness. Geoffrey S. Fletcher was hired to write the script. Lionsgate Entertainment Starz Entertainment Corp. (formerly known as Lions Gate Entertainment Corporation , and doing business as Starz Entertainment ) is a Canadian-American entertainment company currently headquartered in Santa Monica, California . It was founded by Frank Giustra on July 10, 1997, and domiciled in Vancouver , British Columbia , being incorporated there. Up until 2024,

1037-495: Is an indoor interactive experience centre based on Lionsgate's blockbuster film franchises, such as The Hunger Games , The Divergent Series and Now You See Me , opened on Hengqin, Zhuhai , China in the first half of 2019. The Lionsgate project is an investment by Hong Kong conglomerate Lai Sun Group and designed and produced by Thinkwell Group . In 2008, Lionsgate formed Celestial Tiger Entertainment (CTE) with Saban Capital Group and Celestial Pictures . CTE oversees

1098-482: Is the video game development division of Lionsgate. It was founded in April 2014 and is headed by Nerdist Industries co-founder Peter Levin. This division is dedicated to producing and distributing multiplatform games based on Lionsgate franchises, and investing in digital businesses. One of these franchises was Blair Witch , with Lionsgate Games publishing a Blair Witch game in 2019. Lionsgate Entertainment World

1159-500: The Red film series) and then specialize in "innovative multiplatform and other release strategies" to reach "affinity audiences with branded content and targeted marketing." Marketing and Research SVP Jean McDowell will handle marketing, with distribution to be run by Adam Sorensen, who currently manages Western Sales. On November 10, 2015, Malone's two other companies, Liberty Global and Discovery, Inc. (now Warner Bros. Discovery ), made

1220-616: The Twilight Saga films, for $ 412.5 million. The two companies have planned on merging since 2008. On October 6, 2012, Lions Gate Entertainment announced that Brian Goldsmith became the co-COO of the company and joining co-COO Steve Beeks. On November 18, 2012, Lionsgate announced it has passed over the $ 1 billion mark for the first time with the success of The Hunger Games and The Twilight Saga: Breaking Dawn – Part 2 . On December 23, 2013, Lionsgate announced they have crossed over $ 1 billion domestically and internationally for

1281-637: The Chicago Mercantile Exchange was successful in stopping sales in the United States. In 1990, a similar product, Toronto Index Participation Shares, which tracked the TSE 35 and later the TSE 100 indices, started trading on the Toronto Stock Exchange (TSE) in 1990. The popularity of these products led the American Stock Exchange to try to develop something that would satisfy regulations by

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1342-495: The New York Curb Market Association , which can be considered the first formal constitution of American Stock Exchange. In 1920, journalist Edwin C. Hill wrote that the curb exchange on lower Broad Street was a "roaring, swirling whirlpool" that "tears control of a gold-mine from an unlucky operator, and pauses to auction a puppy-dog. It is like nothing else under the astonished sky that is its only roof." After

1403-529: The New York Times in 1910, the Big Board looked at the curb as "a trading place for 'cats and dogs.'" On April 1, 1910, however, when the NYSE abolished its unlisted department, the NYSE stocks "made homeless by the abolition" were "refused domicile" by the curb brokers on Broad Street until they had complied with the "Curb list" of requirements. In 1911, Mendels and his advisers drew up a constitution and formed

1464-501: The SEC approval of competing stock exchange IEX in 2016, NYSE MKT rebranded as NYSE American and introduced a 350-microsecond delay in trading, referred to as a "speed bump", which is also present on the IEX. The exchange grew out of the loosely organized curb market of curbstone brokers on Broad Street in Manhattan . Efforts to organize and standardize the market started early in

1525-548: The U.S. Securities and Exchange Commission . Nathan Most and Steven Bloom, under the direction of Ivers Riley, designed and developed Standard & Poor's Depositary Receipts ( NYSE Arca : SPY), which were introduced in January 1993. Known as SPDRs or "Spiders", the fund became the largest ETF in the world. In May 1995, State Street Global Advisors introduced the S&;P 400 MidCap SPDRs ( NYSE Arca : MDY). Barclays , in conjunction with MSCI and Funds Distributor Inc., entered

1586-563: The 20th century under Emanuel S. Mendels and Carl H. Pforzheimer . The curb brokers had been kicked out of the Mills Building front by 1907, and had moved to the pavement outside the Blair Building where cabbies lined up. There they were given a "little domain of asphalt" fenced off by the police on Broad Street between Exchange Place and Beaver Street. As of 1907, the curb market operated starting at 10 AM, each day except Sundays, until

1647-582: The Curb Exchange building at 86 Trinity Place was closed, and the Amex Equities trading floor was moved to the NYSE Trading floor at 11 Wall Street . 90 years after its 1921 opening, the old New York Curb Market building was empty but remained standing. In March 2009, NYSE Alternext U.S. was changed to NYSE Amex Equities. On May 10, 2012, NYSE Amex Equities changed its name to NYSE MKT LLC. In June 2016,

1708-560: The Prince, and the Twist [1] . From January 2023, Lionsgate entered a movie distribution deal with Cineplex Pictures, a subsidiary of Toronto-based Cineplex Entertainment which will see the release of selected Lionsgate titles in Canada. In July 2023, Deadline reported that Lionsgate was a frontrunner to acquire Entertainment One from Hasbro. In August 2023, Lionsgate announced it would acquire

1769-864: The Toronto Stock Exchange to the American Stock Exchange , along with a two-for-one stock consolidation to qualify, for greater exposure that might boost share value. In January 1999, Roman Doroniuk was named president and chief operating officers of Lionsgate, which led to the corporation's financial operations being moved in April to Doroniuk's offices in Toronto , Ontario while corporate headquarters remained in Vancouver , British Columbia. Lionsgate created US based Avalanche Films and acquired half of Sterling Home Entertainment , both in video sales. Again, Lionsgate registered losses in its second year of $ 9.3 million on revenues of $ 78.3 million with most of

1830-454: The United States. Paul Kolton succeeded Ralph S. Saul as AMEX president on June 17, 1971, making him the first person to be selected from within the exchange to serve as its leader, succeeding Ralph S. Saul, who announced his resignation in March 1971. In November 1972, Kolton was named as the exchange's first chief executive officer and its first salaried top executive. As chairman, Kolton oversaw

1891-536: The acquisition, Lionsgate relocated from Marina del Rey to Artisan's headquarters in Santa Monica. In 2004, Erik Nelson reacquired Termite Art and renamed it to Creative Differences. Lionsgate partnered with Panamax Films in 2005 to make movies for the Latino market which only produced two films. On April 13, 2005, Lionsgate spun off its Canadian distribution unit into a new distribution unit called Maple Pictures under

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1952-732: The acquisition, NYSE Euronext announced that the AMEX would be integrated with the Alternext European small-cap exchange and renamed the NYSE Alternext U.S. The American Stock Exchange merged with the New York Stock Exchange (NYSE Euronext) on October 1, 2008. Post merger, the Amex equities business was branded "NYSE Alternext US". As part of the re-branding exercise, NYSE Alternext US was re-branded as NYSE Amex Equities. On December 1, 2008,

2013-545: The company as co-chief operating officer of its film unit. By July 2008, Lionsgate has not made any progress on building its new film studio in Rio Rancho or on setting up the corporation to run the studio per its agreement with New Mexico. In November, Lionsgate Music established a joint venture with music publishing company Wind-up Records . In January 2009, Lionsgate purchased TV Guide Network and TVGuide.com from Rovi for $ 255 million cash. In May 2009, Lionsgate sold

2074-482: The company programs the "Ebony TV by Lionsgate" channel. In 2015, Lionsgate formed a joint venture with Tribeca Enterprises to launch the "Tribeca Shortlist" streaming service and "Tribeca Channel" FAST channel. American Stock Exchange NYSE American , formerly known as the American Stock Exchange ( AMEX ), and more recently as NYSE MKT , is an American stock exchange situated in New York City. AMEX

2135-548: The company while Pilgrim will continue to operate independently under Piligian. The deal made Lionsgate a major unscripted player. On July 13, 2016, Lionsgate acquired a minority stake in British unscripted television production startup company Primal Media. It was launched by Matt Steiner and Adam Wood, who originally launched Gogglebox Entertainment that was acquired by Sony Pictures Television . AT&T also owns an approximately 2% stake in Lionsgate. On December 15, 2017,

2196-668: The direction of two former Lionsgate executives, Brad Pelman and Laurie May. On August 1, 2005, Lions Gate Entertainment acquired the entire library of Modern Entertainment, the U.S. film division of the Swedish television company Modern Times Group . On October 17, 2005, Lionsgate acquired UK company Redbus Film Distribution for $ 35 million and became Lionsgate UK on February 23, 2006. On March 15, 2006, Lionsgate sold Lions Gate Studios to Bosa Development Corporation. On July 12, Lionsgate purchased Debmar-Mercury , an independent television distributor, which has continued operations as

2257-758: The distribution rights of Lionsgate properties in Greater China and Southeast Asia . The distribution of selected recent non-in-house films for pay-per-view and on-demand are under the supervision of NBCUniversal Syndication Studios via Universal Pictures (Universal formerly held home video and television rights to many of the early Lionsgate films), while all others (particularly the in-house films) are distributed for both cable and broadcast television through Lionsgate's syndicated division. Amazon MGM Studios , under MGM Television , are also distributed in international cable, digital and broadcast television through Lionsgate's syndicated division. Liongate's main outlet

2318-503: The effects of the cocaine economy plaguing black communities. Tyree wrote two sequels to Flyy Girl : For the Love of Money (2001) and Boss Lady (2006). Both were published by Simon & Schuster. In July 2013, Lionsgate Entertainment 's CodeBlack Films had acquired the rights to Flyy Girl with hopes of transforming the novel into a feature film. In February 2015, CodeBlack Films announced that Dear White People producer Effie Brown

2379-553: The first of their kind. In 1998, State Street Global Advisors introduced "Sector Spiders ", separate ETFs for each of the sectors of the S&P 500 Index . Also in 1998, the "Dow Diamonds" (NYSE Arca: DIA) were introduced, tracking the Dow Jones Industrial Average . In 1999, the influential "cubes" ( Nasdaq : QQQ), were launched, with the goal of replicate the price movement of the NASDAQ-100 . The iShares line

2440-440: The following year; re-establishing Lionsgate's Canadian roots. In December 2023, Lionsgate revealed its plan to split its film and television assets with Starz following the completion of the company's acquisition of eOne. The company's Studios division will merge with Screaming Eagle Corp., a special-purpose acquisition company led by Eli Baker, to form a separate publicly traded company, Lionsgate Studios . The transaction sets

2501-617: The introduction of options trading . Kolton opposed the idea of a merger with the New York Stock Exchange while he headed the exchange saying that "two independent, viable exchanges are much more likely to be responsive to new pressures and public needs than a single institution". Kolton announced in July 1977 that he would be leaving his position at the American Exchange in November of that year. In 1977, Thomas Peterffy purchased

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2562-507: The leading international stock market, and according to historian Robert Sobel , "had more individual foreign issues on its list than [...] all other American securities markets combined." Edward Reid McCormick was the first president of the New York Curb Market Association and is credited with moving the market indoors. George Rea was approached about the position of president of the New York Curb Exchange in 1939. He

2623-477: The losses from its stake in Mandalay Pictures. Thus in the summer, Lionsgate placed its studios up for sale with no buyers. TV operations were changed to non-network hourlong series over riskier network shows and ended its relationship with Mandalay Television. The corporation sought out more capital and cash with a filing of a preliminary prospectus for the sale of preferred stock and common stock warrants and

2684-439: The major owners of the company and is extremely involved in the making of all their major movies. In June, Lionsgate acquired Trimark Holdings, Inc. for approximately $ 50 million in stock and cash including taking on $ 36 million in debt. Lionsgate continued making acquisitions during the decade to boost distribution and its film library. On December 15, 2003, Lionsgate acquired Artisan Entertainment for $ 220 million. Following

2745-410: The market in 1996 with World Equity Benchmark Shares (WEBS) , which became iShares MSCI Index Fund Shares. WEBS originally tracked 17 MSCI country indices managed by the funds' index provider, Morgan Stanley . WEBS were particularly innovative because they gave casual investors easy access to foreign markets. While SPDRs were organized as unit investment trusts , WEBS were set up as a mutual fund ,

2806-444: The motion picture and television assets of Entertainment One from Hasbro for $ 500 million. Included among the assets are the trademarks of Maple Pictures , which Lionsgate divested to Alliance Films in 2011. The studio is expected to also pay $ 375 million in cash and $ 125 million in production financing loans related to the purchase. The acquisition was completed on December 27, 2023, and eOne would later rebrand as "Lionsgate Canada"

2867-544: The present-day Lionsgate Films ) and North Shore Studios (which became known as Lions Gate Studios, until its acquisition in 2006) in Vancouver, British Columbia. Mandalay Television was acquired by Lionsgate from Peter Guber for a 4% Lionsgate stake. In 1998, Lionsgate helped Guber form Mandalay Pictures with a 45% investment in Mandalay. Lionsgate followed that up with a June purchase of International Movie Group, Inc. (IMG),

2928-810: The sale of his stake in the studio. In April 2021, Lionsgate's Starz division filed an injunction in Brazil, Argentina and Mexico against The Walt Disney Company over the use of the Star+ brand in Latin America. The two companies would reach a settlement in August that same year. In July 2021, Lionsgate purchased an 18.9 percent equity stake in Spyglass Media Group and acquired the catalogue of The Weinstein Company from Spyglass. In 2024, Lionsgate optioned an Air Mail story written by Hannah Ghorashi, titled The Grift,

2989-556: The second year in a row with the success of The Hunger Games: Catching Fire , Now You See Me , Instructions Not Included , and Kevin Hart: Let Me Explain . On April 14, 2014, Comcast acquired the remaining stakes in Fearnet from Lionsgate and Sony Pictures Entertainment . On April 21, 2014, Lionsgate announced that they will merge its movie marketing operations. A few days later, on April 30, Lionsgate announced that

3050-463: The studios will expand into the gaming development. In 2015, Lionsgate took over the distribution functions for CBS Films , the film division of CBS Corporation . On February 11, 2015, John C. Malone swapped a 4.5% stake with 14.5% of the voting power in Starz Inc. for 3.4% of Lionsgate's shares while joining the company's board of directors. Fourteen days later, Starz CEO Chris Albrecht hinted

3111-451: The then-named Lionsgate owned film and TV studios under its own umbrella. They have since been spun off into Lionsgate Studios , of which Lionsgate owns 87%. Lionsgate was formed in 1997 by Frank Giustra, whose $ 16 million investment was augmented by $ 40 million from investors including Keyur Patel and Yorkton Securities' executives such as G. Scott Paterson . Giustra had recently retired as CEO from Yorkton, an investment bank, and Paterson

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3172-770: The weekly US financial newspaper Barron's revealed that Malone was selling nearly 108,000 class B shares in Lionsgate for $ 3.2 million, or $ 29.63 each, from December 4 to 13. Malone now owns directly and indirectly 6 million nonvoting class B shares, as well as beneficially about 6 million class A shares, which carry one vote each. Following the Weinstein effect , Lionsgate was listed as one of 22 potential buyers interested in acquiring The Weinstein Company . In 2018, Lionsgate's newly launched digital content unit, Studio L, announced its first slate. In October 2018, Agapy Kapouranis replaced Peter Iacono as president of international television and digital distribution. In January 2018, it

3233-566: Was also a co-owner of Epix , a pay TV movie channel which debuted on October 30. On September 13, 2010, Lionsgate and Televisa formed a joint venture , Pantelion Films , to produce for the next five years eight to 10 films a year targeted for the U.S. Latin American market. Lionsgate sold off its Canadian distribution unit, Maple Pictures , in September 2011 to Alliance Films . Lionsgate announced on January 13, 2012, that it had acquired Summit Entertainment , producers and distributors of

3294-456: Was hired to produce a film adaptation of the novel. Brown and her company, Duly Noted Inc., will oversee the film's development alongside Codeblack Films' Jeff Clanagan and Quincy Newell. On June 17, 2015, it was announced that Sanaa Lathan would star in and executive produce the film adaptation of Omar Tyree's trilogy that starts with Flyy Girl . Lathan will portray Tracy Ellison, a successful businesswoman and workaholic who believes that money

3355-399: Was launched in early 2000. By 2005, it had a 44% market share of ETF assets under management . Barclays Global Investors was sold to BlackRock in 2009. As of 2003, AMEX was the only U.S. stock market to permit the transmission of buy and sell orders through hand signals . In October 2008 NYSE Euronext completed acquisition of the AMEX for $ 260 million in stock. Before the closing of

3416-545: Was organized, the exchange authorities would force members to sell their other exchange memberships. However, in 1908 the New York Curb Market Agency was established, which developed appropriate trading rules for curbstone brokers, organized by Mendels. The informal Curb Association formed in 1910 to weed out undesirables. The curb exchange was for years at odds with the New York Stock Exchange (NYSE), or "Big Board", operating several buildings away. Explained

3477-562: Was previously a mutual organization , owned by its members. Until 1953, it was known as the New York Curb Exchange . NYSE Euronext acquired AMEX on October 1, 2008, with AMEX integrated with the Alternext European small-cap exchange and renamed the NYSE Alternext U.S. In March 2009, NYSE Alternext U.S. was changed to NYSE Amex Equities . On May 10, 2012, NYSE Amex Equities changed its name to NYSE MKT LLC . Following

3538-415: Was reported that Lionsgate was being subject to a bidding war for a possible acquisition, with Comcast and Sony Pictures having made offers. At the time, Lionsgate Vice Chairman Michael Burns stated in an interview with CNBC that Lionsgate was mostly interested in merging with CBS and Viacom. Viacom and Lionsgate were both interested in acquiring The Weinstein Company . On February 27, 2018,

3599-476: Was shaken by a scandal in 1961, and in 1962 began a reorganization. Its reputation recently damaged by charges of mismanagement, in 1962 the American Stock Exchange named Edwin Etherington its president. Writes CNN , he and executive vice president Paul Kolton were "tapped in 1962 to clean up and reinvigorate the scandal-plagued American Stock Exchange." As of 1971, it was the second largest stock exchange in

3660-427: Was then president. Giustra then merged Lionsgate with Toronto Stock Exchange -listed Beringer Gold Corp. (founded in 1986) to take the company public. Beringer's mining assets were soon sold off. Lionsgate then began a series of acquisitions to get into the film industry. The company bought a number of small production facilities and distributors, starting with Montreal -based Cinépix Film Properties (which became

3721-424: Was unanimously elected as the first paid president in the history of the Curb Exchange. He was paid $ 25,000 per year (equivalent to $ 548,000 today ) and held the position for three years before offering his resignation in 1942. He left the position having "done such a good job that there is virtually no need for a full-time successor." In 1953 the Curb Exchange was renamed the American Stock Exchange. The exchange

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