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Lionsgate Films
Lionsgate Films (formerly known as Cinépix Film Properties) is an American film production and film distribution studio, headquartered in Santa Monica and founded in Canada, and is the flagship division of Lionsgate Entertainment. It is the largest and most successful mini-major film studio in North America. It focuses on foreign and independent films and has distributed various commercially successful film franchises, including ''The Hunger Games'', ''Rambo'', '' Divergent'', ''The Punisher'', ''John Wick'', ''Saw'', ''Madea'', ''Blair Witch'', '' Now You See Me'', ''Hostel'', '' The Expendables'', ''Sinister'', '' The Twilight Saga'' and '' Step Up.'' History Cinépix Cinépix was founded by John Dunning and Andre Link in 1962. Cinépix, based in Montreal, was a Canadian independent motion picture company that released English- and French-language films in Canada and the United States. Initially a distribution company, Cinépix's first production was the 1969 erotic drama ' ...
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Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct legal entities for the purposes of tax A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or n ...ation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally ...
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