Lionsgate Announces Production Agreement with Janet Jackson’s JDJ Entertainment
LIONSGATE® ANNOUNCES PRODUCTION AGREEMENT WITH JANET JACKSON’S JDJ ENTERTAINMENT
SANTA MONICA, Calif., March 16, 2011 /PRNewswire/ — LIONSGATE® (NYSE: LGF), a leading global entertainment company, and Janet Jackson‘s
jdj Entertainment have entered into an agreement for Jackson to select,
develop and produce a theatrical motion picture project in cooperation
with Lionsgate.
The announcement was made today by Michael Paseornek, President of Motion Picture Production and Development. The deal was negotiated by Robert Melnik, Lionsgate’s Executive Vice President of Business & Legal Affairs, and Neil Ollivierra, Lionsgate’s Director of Business & Legal Affairs and, on behalf of Janet Jackson, Tom Hoberman and Don Steele of Hansen, Jacobson, Teller, Hoberman, Newman, Warren, & Richman, Rush & Kaller, LLP.
“My experiences
of working with the creative group at Lionsgate have been powerful and
exciting,” explains Jackson of her decision to produce a film with the
studio. “We’ve made three films together so far, directed by the gifted
and prolific Tyler Perry. There is
genius at this studio in every department. They don’t just make films,
they nurture artists who want to make great films. From story to
marketing and promotion, Lionsgate is a great organization, and I am
proud that they will be the new home for jdj Entertainment.”
“While
developing a relationship with Janet Jackson over the course
of three films, we recognized her instincts for storytelling,” said
Paseornek. “She is a powerful on-screen presence, with a vast audience,
and we believe she will be an equally powerful presence behind the
scenes. We are honored to be able to provide a home for her ideas,
passion, and immense talent.”
Jackson has
sold over 100 million records worldwide, and is ranked as one of the
best-selling artists in the history of contemporary music. She began
her film career with the breakthrough role as Justice in John Singleton‘s “Poetic Justice,” and starred in Lionsgate’s “Tyler Perry‘s Why Did I Get Married,” “Tyler Perry‘s
Why Did I Get Married Too,” and “For Colored Girls,” all directed by
Perry. The films were all successes, making a combined total of over $152 million
at the U.S. box office. Jackson is currently in the midst of her
largest ever 35 city world tour, entitled “Number Ones: Up Close And
Personal.” Jackson’s self-help book, “True You: A Journey To Finding And
Loving Yourself,” recently topped the New York Times Best Seller List.
Jackson is managed exclusively by Jaime Mendoza of jdj Entertainment and Jason Winters of Sterling Winters Company. She is represented at WME by Ari Emanuel and Charles King, and her legal team includes Tom Hoberman and Don Steele of Hansen, Jacobson, Teller, Hoberman, Newman, Warren, Richman, Rush, Kaller LLP and Seth Lichtenstein of Hertz & Lichtenstein LLP.
About JDJ Entertainment
jdj Entertainment is the parent company for Janet Jackson‘s entertainment business endeavors. jdj is responsible for all of Janet Jackson‘s
film and television projects. Since its creation, jdj has collaborated
with Universal Studios, Columbia Pictures, Lionsgate, and every major
television network. jdj was instrumental in the shaping of the MTV video
culture with Jackson’s award winning music videos. jdj’s alliance with
Lionsgate is Jackson’s first venture as a film producer.
About Lionsgate
Lionsgate is a
leading global entertainment company with a strong and diversified
presence in motion picture production and distribution, television
programming and syndication, home entertainment, family entertainment,
digital distribution and new channel platforms. The Company has built a
strong television presence in production of prime time cable and
broadcast network series, distribution and syndication of programming
through Debmar-Mercury and an array of channel assets. Lionsgate
currently has 15 shows on more than 10 networks spanning its prime time
production, distribution and syndication businesses, including such
critically-acclaimed hits as “Mad Men”, “Weeds” and “Nurse Jackie” along
with recent series such as “Blue Mountain State” and the syndication
successes “Tyler Perry‘s House Of Payne”, its spinoff “Meet The Browns”, “The Wendy Williams Show” and “Are We There Yet?”.
Its feature
film business has generated more than half a billion dollars at the
North American box office in the past year, fueled by such hits as THE
EXPENDABLES, which was #1 at the North American box office for two
weeks, THE LAST EXORCISM, TYLER PERRY‘S
WHY DID I GET MARRIED TOO?, KICK ASS and the critically-acclaimed
PRECIOUS, which won two Academy Awards®. The Company’s home
entertainment business has grown to more than 7% market share and is an
industry leader in box office-to-DVD revenue conversion rate. Lionsgate
handles a prestigious and prolific library of approximately 13,000
motion picture and television titles that is an important source of
recurring revenue and serves as the foundation for the growth of the
Company’s core businesses. The Lionsgate brand remains synonymous with
original, daring, quality entertainment in markets around the world.
Lionsgate