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by Movies News Desk
Wayne Levin, a 17-year veteran of Lionsgate (NYSE: LGF) and its predecessor companies, has signed a new long-term agreement to serve as the Company's General Counsel and Chief Strategic Officer, the Company announced today.
Mr. Levin is the Company's senior legal and business affairs executive and is a member of Lionsgate's senior decision-making team. He will continue to report to Lionsgate Chief Executive Officer Jon Feltheimer on corporate management and strategic issues and will work closely with Vice Chairman Michael Burns and Co-Chief Operating Officer Brian Goldsmith on M&A activities and initiatives related to the Company's capital structure, including significant corporate and project financings. Mr. Levin was one of the architects of Lionsgate's new, five-year $800 million revolving credit facility.
"Wayne has played a key role in Lionsgate's evolution into a leading global entertainment company," said Feltheimer and Burns. "We look forward to his continued counsel and expertise in helping to chart a strategic direction for the Company that maintains our growth trajectory while retaining our focus on delevering our balance sheet."
Mr. Levin joined Lionsgate when the Company acquired Trimark Holdings in October 2000. He has played an instrumental role in Lionsgate's growth strategy, overseeing the acquisitions and subsequent integration of Summit Entertainment (2012), TV Guide Network and TVGuide.com (2009), Mandate Pictures (2007), Debmar-Mercury (2006), Redbus Holdings (subsequently renamed Lionsgate U.K.) (2005) and Artisan Entertainment (2003) as well as Lionsgate's equity investments in Roadside Attractions and Break Media. He also helped structure Lionsgate's participation in the Epix channel, launched with partners Viacom and MGM in fall 2009, and Celestial Tiger Entertainment, launched in Asia in January 2012 with Saban Capital Group and Astro's Celestial Pictures.
Prior to joining Lionsgate, Mr. Levin headed up the Business and Legal Affairs department at Trimark Pictures from 1996 through 2000. He worked in private practice for several years before joining Trimark and last year he was named to the Board of Trustees of Southwestern University School of Law, where he has served as an Adjunct Professor of Law since 1994.