HONG KONG , Sept. 8, 2011 /CNW/ -- Lionsgate (NYSE: LGF) and Tiger Gate Entertainment are pleased to announce the appointment of Wendy Reeds as Executive Vice President of Sales and Distribution. Based in Tiger Gate's Hong Kong headquarters, Reeds will spearhead all Tiger Gate content sales activities and will also direct Lionsgate's film and TV sales and distribution operations in Asia.
Reeds previously served four years as Vice President of International and Home Entertainment Sales at Lionsgate's corporate headquarters in Santa Monica, California. Prior to Lionsgate, she worked for Paramount Vantage International and at Fabrication Films where she was Executive Vice President She is on the board of the Independent Film and Television Alliance (IFTA). Reeds graduated from Oberlin College and received her Master's Degree in Film & Television from New York University.
As Executive Vice President of Sales, Reeds will oversee the sales and distribution activities for all Lionsgate and Tiger Gate content, including television and theatrical releases across Asia. She will also evaluate new Asian film projects and manage the marketing and distribution of Tiger Gate's new productions.
In making this announcement, Tiger Gate's CEO William Pfeiffer said, "We are delighted to have Wendy join the Tiger Gate team. Wendy has a distinguished career in international film distribution, and her extensive network and experience in the industry globally make her the ideal appointment and a key executive as we expand Tiger Gate's businesses throughout Asia and the rest of the world."
Reeds, in accepting this position, said, "It is an exciting opportunity to be part of the growth and success of Tiger Gate, working with its very dynamic team in such an exciting market. By living and working in Asia, the world's fastest growing entertainment market, I will be better able to build closer relationships and to create new business opportunities in the region."
Reeds will report to Pfeiffer along with Lionsgate International President Helen Lee Kim and Lionsgate Television's Peter Iacono on Lionsgate sales operations in Asia. Reporting to Reeds will be Tiger Gate's content sales team and operations, including Sales Director Jenny Suen.
Tiger Gate, a partnership among Lionsgate, Saban Capital Group and Tiger Gate management, operates two pay television channels, KIX and Thrill. The company is also the exclusive distributor for Lionsgate motion picture and television content across Asia.
About Tiger Gate Entertainment
Tiger Gate Entertainment operates pay television channels, and is an originator as well as distributor of action and horror TV programming and other films across Asia. Tiger Gate currently operates two pay television channels - KIX (kix-tv.com), the ultimate in action entertainment, and Thrill(thrill-tv.com), a horror movie channel. Tiger Gate is a joint venture partnership between Lionsgate, the world's largest independent film entertainment studio; Saban Capital Group, a leading private investment firm specializing in media and communications; and Tiger Gate management. Tiger Gate also operates a production business, focusing on content in various genres that complement its TV channels. For more information, please visit: www.tigergate.com.
Lionsgate (NYSE: LGF) is a leading global entertainment company with a strong and diversified presence in the production and distribution of motion pictures, television programming, home entertainment, family entertainment, digital distribution and new channels. The Company has built a strong television presence in the production of prime time cable and broadcast network series, distribution and syndication of programming and an array of channel assets. Lionsgate currently has 15 shows on 10 different networks, spanning its prime time production, distribution and syndication businesses, including such critically-acclaimed hits as Mad Men, Weeds, and Nurse Jackie along with the comedy series Blue Mountain State, the upcoming drama Boss and syndicated successes like Tyler Perry's House of Payne, its spinoff Meet The Browns, Are We There Yet? and The Wendy Williams Show.
Lionsgate's feature film business has generated approximately half a billion dollars at the North American box office in the past year, driven by such hits as THE LINCOLN LAWYER, TYLER PERRY'S MADEA'S BIG HAPPY FAMILY, THE EXPENDABLES, THE LAST EXORCISM and the critically-acclaimed PRECIOUS, which won two Academy Awards®. The Company's home entertainment business has grown to more than 8% market share and is the industry leader in box office-to-DVD and box office-to-VOD revenue conversion rates. Lionsgate handles a prestigious and prolific library of approximately 13,000 motion picture and television titles, comprising an important source of recurring revenue that serves as the foundation for the growth of the Company's core businesses. The Lionsgate brand remains synonymous with original, daring and high quality entertainment in markets around the world.
About Saban Capital Group
Saban Capital Group ("SCG") is a leading private investment firm based in Los Angeles specialising in the media, entertainment and communications industries. Established in 2001 by Haim Saban, the firm makes both controlling and minority investments in public and private companies and takes an active role in its portfolio companies. SCG's current private equity investments include Univision (the premier Spanish-language media company in the US) and Tiger Gate Entertainment (a joint venture with Lionsgate to operate branded pay television channels across Asia). Saban Brands LLC, an affiliate of SCG, was formed in 2010 to acquire, manage and license entertainment properties and consumer brands across media and consumer platforms globally, and currently holds the rights to Power Rangers and Paul Frank Industries in its portfolio. In addition, SCG actively manages a globally diversified portfolio of investments across public equities, credit, alternative investments, and real property assets. For more information, please visit www.saban.com
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