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Lionsgate Extends CEO Jon Feltheimer’s Contract Through 2031

The stock-heavy deal signals confidence in the standalone studio’s direction.

Overview

  • Lionsgate, which disclosed the deal Wednesday in an SEC filing, extended Jon Feltheimer’s term by two years to July 31, 2031.
  • The agreement keeps his base salary at $1.5 million and grants stock options priced between $17 and $22 per share as a management incentive.
  • With shares closing Wednesday at $10.66, the options sit above the current price, which means he benefits only if investors see the stock rise.
  • The company now operates separately from Starz and leans on franchises like John Wick and The Hunger Games to anchor film and TV output.
  • Recent momentum includes The Housemaid’s surprise box-office run and next week’s launch of the Michael Jackson biopic, while leaders tout valuable IP as potential M&A interest but note no suitor has surfaced.