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Lionsgate Promotes Man Behind Its Major Deals

Credited with helping the Santa Monica-based film studio close its recent acquisition of Summit Entertainment, Brian Goldsmith is selected Co-Chief Operating Officer.

Brian Goldsmith has been selected Co-Chief Operating Officer of Santa Monica based firm Lionsgate, company officials announced today.

Goldsmith will play a leading role in Lionsgate's corporate development activities, with a focus on the company's capital structure. According to a Lionsgate release, Goldsmith was key in arranging Lionsgate's recently closed $800 million revolving credit line as well as its 2011 secondary equity offering and its two high-yield debt offerings.

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He also was credited with being instrumental in the Lionsgate's January acquisition of Summit Entertainment, the 2011 sale of Canadian distributor Maple Pictures to Alliance Films and the 2009 acquisition of TV Guide Network and TVGuide.com.

Other credits include involvement in overseeing Lionsgate's partnerships with Viacom and MGM in the Epix channel, Sony and Comcast in the FEARnet Channel and the launch of Celestial Tiger Entertainment in Asia with partners Saban Capital Group and Astro's Celestial Pictures.

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"Brian played a leadership role in many of the initiatives that made 2012 a transformative year for us," Lionsgate CEO Jon Feltheimer and Vice Chairman Michael Burns said in a joint statement. "His management of our channel partnerships, digital platforms and joint ventures will be a key ingredient of our continued growth."

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Before his promotion, Goldsmith had been Executive Vice President of Corporate Development and Strategy since 2008. Lionsgate currently has 23 shows on 16 networks spanning its primetime production, distribution and syndication businesses, including the TV series' Mad Men, Weeds, Nurse Jackie, Boss, Anger Management, Nashville and Next Caller.

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