ActUpon

Film News: Billionaire criticizes management in letter to board — Carl Ichan’s blistered the management of Lionsgate and officially notified the minimajor that he’ll launch a proxy fight to take over the board of directors.

Film News: Entrepreneur urges ‘Produced By’ attendees to focus on VOD — Billionaire Mark Cuban told the Produced By conference Saturday “If you look where everybody else is looking, that’s the wrong place. Everybody’s looking at the Internet. It’s done!”

Film News: Studio turns down billionaire’s proxy fight — Lionsgate has officially turned down Carl Icahn’s revised bid, asserting that his offer remains financially inadequate.

Film News: Studio and billionaire in talks to resolve long-running battle — Lionsgate and Carl Icahn are in possible settlement discussions to resolve the long-running battle for control of the minimajor.

Film News: Billionaire adds 10 days to hostile takeover bid — Carl Icahn’s extending his hostile takeover offer of Lionsgate for another 10 days after receiving about 5.5% of the shares.

Film News: Canadian regulators hand Carl Icahn a victory —
Carl Icahn has scored a key victory over Lionsgate management with Canadian regulators voiding the minimajor’s poison pill, aimed at preventing the billionaire’s proposed hostile takeover.

Film News: Billionaire lifts bid to $7 a share — Amping up the pressure on Lionsgate, Carl Icahn has raised his hostile offer for the company to $7 a share, a 17% increase.

Film News: First film’s commercial partners, and many more, are back — Iron Man, and his billionaire alter ego Tony Stark, is turning into the new James Bond for marketers.

Film News: First film’s commercial partners, and many more, are back — Iron Man, and his billionaire alter ego Tony Stark, is turning into the new James Bond for marketers.

Film News: Company says billionaire’s offer is too low — In rejecting Carl Icahn’s hostile takeover bid, Lionsgate’s toppers are making the case that the minimajor is poised for serious growth if allowed to continue on its path.