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Entertainment Lionsgate CEO Jon Feltheimer's 2021 Pay Tops $19 Million, Triple What He Made Two Years Ago

03:19  30 july  2021
03:19  30 july  2021 Source:   msn.com

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Lionsgate CEO Jon Feltheimer will make $19.2 million in fiscal 2021, about triple what he made in 2019, according to an SEC filing on Thursday.

Jon Feltheimer wearing a suit and tie: lionsgate Jon Feltheimer © TheWrap lionsgate Jon Feltheimer

Feltheimer's 2021 total compensation of $19,176,675 is a huge jump from his $6.6 million comp for fiscal 2019 and significantly more than his 2020 compensation of just over $11 million, according to the records.

Feltheimer's total compensation for 2021 includes a base salary of $1.5 million, bonuses of $10 million, stock awards of $700,002 and option awards of more than $6.7 million.

According to the filing Lionsgate Vice Chair Michael Burns received $8.5 million in compensation for fiscal 2021 including a $1 million salary and $4 million in bonuses, up from $6.4 million in fiscal 2020 and $5.2 million total compensation in 2019.

Anna Kendrick to Star in Psychological Thriller 'Alice, Darling' at Lionsgate

  Anna Kendrick to Star in Psychological Thriller 'Alice, Darling' at Lionsgate Lionsgate is partnering with Babe Nation Films, Elevation Pictures and Castelletto Films on the upcoming psychological thriller "Alice, Darling," which stars Anna Kendrick, the studio announced Monday. The film is currently in production in Canada and also stars Wunmi Mosaku, Kaniehtiio Horn and Charlie Carrick. "Alice, Darling" is directed by Mary Nighy in her feature film directorial debut. The thriller is written by Alanna Francis; produced by Katie Bird Nolan, Lindsay Tapscott, Christina Piovesan and Noah Segal; and executive produced by Kendrick and Sam Tipper-Hale.

In late May Lionsgate reported losses of $37.7 million in for the 2021 quarter that ended on March 31, 2021, with revenue coming in at $76.4 million. However, the company reported a net loss attributable to Lionsgate shareholders of $37.7 million.

Lionsgate stock increased by 146% during the fiscal year April 1, 2020 - March 31, 2021, the period covered by the proxy statement, making it one of the best-performing stocks in the media sector.  The Starz platform grew to nearly 30 million global subscribers last year, and library revenues reached a record $780 million.

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UPDATE, Aug. 12, 7:48 PM PT: A fundraising event to boost Gavin Newsom’s chances of beating a Sept. 14 recall drew about a dozen attendees on Thursday and raised more than $1 million, organizers said. Newsom was scheduled to address the virtual Zoom event, with guests including Rob and Michelle Reiner, Alan and Cindy Horn, Byron Allen, Janet and Barry Lang, Ann Sarnoff and Matt Walden.

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