Lionsgate Vice Chairman Michael Burns on changing TV model - AVS Forum | Home Theater Discussions And Reviews
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post #1 of 1 Old 12-07-2011, 09:02 AM - Thread Starter
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With that out of the way, he spoke candidly about the company's plans for next year where he says you'll see us steady state for the first time cranking out about a dozen movies and about three new TV shows. He's encouraged about a plan to develop a TV series for ABC based on The Lincoln Lawyer - and Charlie Sheen's Anger Management. I've known Charlie a long, long time, Burns said. Our goal is to keep Charlie working, keep him healthy and we have a great partner in FX. Burns says that a series it's developing for Netflix, Orange Is The New Black, could be as important for the service as Mad Men was for AMC. The series about ad executives in the 1950s and 60s put AMC on the map. On the film side, Burns says about 70% of Lionsgate's productions are profitable. He's optimistic about the company's franchises and potential franchises including The Expendables, What To Expect When You're Expecting, the Texas Chainsaw Massacre, and it relationship with Tyler Perry. And no Lionsgate presentation would be complete without a lot of upbeat talk about The Hunger Games. He admits that it is a damn expensive movie for us. Still he says that while nobody should buy our stock for one franchisethis one feels like we might have lightning in a bottle.

For the most part, though, Burns continued a familiar theme at this year's conference that digital platforms such as Netflix have given content creators a new lease on life. In the pre-digital era when Lionsgate wanted to sell product in the UK to Sky we had to go hat in hand. They'd pick what they want and give us a lousy price. Now Lionsgate has several options, including distribution to XBox game consoles. For all practical purposes Xbox is an MSO the jargon term for pay TV operator, he says That's also important for premium channel Epix.

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