Lionsgate, the studio behind ‘Hunger Games’ movies, struggles in shifting Hollywood currents [Los Angeles Times (CA)]
Walt Disney Company (The) (DIS)
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Source: Los Angeles Times
Lionsgate, the studio behind ‘Hunger Games’ movies, struggles in shifting Hollywood currents Joe Drake, the chairman of Lionsgate’s motion picture group, stepped onto the Colosseum stage at Caesars Palace in Las Vegas to pitch theater owners on what he called “our reimagined studio.” Displayed on the screen behind Drake was the company’s logo and a new slogan — “A home for artists to thrive.” Drake’s message at CinemaCon, the annual gathering of exhibitors and studio bosses, was meant to signal a new era for the Santa Monica studio, which has struggled at the box office the last couple years because of a lack of hit films. “It clearly defines our responsibility to our studio, to our filmmakers and our partnerships,” Drake said two weeks ago. But the rallying cry seemed discordant with what many see as a troubling reality for the 22-year-old company that was once the fastest-rising star in the movie business and known for such franchises as “The Hunger Games” and “The Twilight Saga.” A
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