Connect with us

Movies News

Lionsgate CEO Jon Feltheimer’s 2021 Pay Tops $19 Million,

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

Feltheimer’s 2021 complete compensation of $19,176,675 is a big leap from his $6.6 million comp for fiscal 2019 and considerably greater than his 2020 compensation of simply over $11 million, in line with the data.

Feltheimer’s complete compensation for 2021 features a base wage of $1.5 million, bonuses of $10 million, inventory awards of $700,002 and possibility awards of greater than $6.7 million.

According to the submitting Lionsgate Vice Chair Michael Burns obtained $8.5 million in compensation for fiscal 2021 together with a $1 million wage and $four million in bonuses, up from $6.four million in fiscal 2020 and $5.2 million complete compensation in 2019.

In late May Lionsgate reported losses of $37.7 million in for the 2021 quarter that ended on March 31, 2021, with income coming in at $76.four million. However, the corporate reported a internet loss attributable to Lionsgate shareholders of $37.7 million.

Lionsgate inventory elevated by 146% in the course of the fiscal yr April 1, 2020 – March 31, 2021, the interval coated by the proxy assertion, making it one of many best-performing shares within the media sector.  The Starz platform grew to just about 30 million international subscribers final yr, and library revenues reached a document $780 million.

Sourced from

Continue Reading
Advertisement Sponsored
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *