Lionsgate Shifts International Sales Operations To London

(RTTNews) - Motion picture company Lionsgate Entertainment Corp. (LGF) Friday said it has relocated its international sales operations to London, England.

The company said I has already shifted many key international executives, including Motion Picture Group Executive Vice Presidents of International Sales Wendy Reeds and Crystal Bourbeau, and is in the process of hiring several additional executives for the London office.

Lionsgate Chief Executive Officer Jon Feltheimer said: "The relocation of our international sales headquarters accelerates our evolution into a truly global organization and brings us closer to our overseas markets."

In the UK, Lionsgate had achieved two straight banner years of revenue and profitability.