8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): September 17, 2009

Lions Gate Entertainment Corp.

(Exact name of registrant as specified in charter)

British Columbia, Canada
(State or Other Jurisdiction of Incorporation)

(Commission File Number) 1-14880 (IRS Employer Identification No.) N/A

(Address of principal executive offices)
1055 West Hastings Street, Suite 2200
Vancouver, British Columbia V6E 2E9
and
2700 Colorado Avenue, Suite 200
Santa Monica, California 90404

Registrant’s telephone number, including area code: (877) 848-3866

No Change
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure.

On September 17, 2009, Lions Gate Entertainment Corp. (the “Company”) will make an investor presentation in New York. The presentation materials are attached hereto as Exhibit 99.1.

The information in this Current Report on Form 8-K, including exhibits attached hereto and the information under Item 7.01 below, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section and shall not be deemed incorporated by reference into any filing by the Company under the Securities Act of 1933, as amended, or the Exchange Act, unless specifically identified therein as being incorporated by reference therein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.	Description
99.1	September 17, 1009 PowerPoint Presentation

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: September 17, 2009	LIONS GATE ENTERTAINMENT CORP.
	/s/ James Keegan
	James Keegan
	Chief Financial Officer

EX-99.1

Exhibit 99.1

September 2009

2 Special Notice Regarding Non-Public Information THIS DOCUMENT CONTAINS MATERIAL NON-PUBLIC INFORMATION CONCERNING THE COMPANY, ITS RELATED PARTIES OR THEIR RESPECTIVE SECURITIES. BY ACCEPTING THIS DOCUMENT, THE RECIPIENT AGREES TO USE AND MAINTAIN ANY SUCH INFORMATION CONFIDENTIAL AND IN ACCORDANCE WITH ITS COMPLIANCE POLICIES, CONTRACTUAL OBLIGATIONS AND APPLICABLE LAW, INCLUDING FEDERAL AND STATE SECURITIES LAWS. ALL PROJECTIONS REFLECT ESTIMATES ONLY. THESE ESTIMATES ARE MADE WITHOUT REPRESENTATION OR WARRANTY. THERE IS NO GUARANTEE, EXPRESS OR IMPLIED, THAT ANY PROJECTIONS SET FORTH HEREIN SHALL BE ACHIEVED. NO PARTY SHALL BE ENTITLED TO RELY ON ANY PROJECTIONS/ESTIMATES FOR ANY PURPOSE. THIS PRESENTATION CONTAINS "FORWARD-LOOKING STATEMENTS" THAT PREDICT OR DESCRIBE FUTURE EVENTS OR TRENDS. THE MATTERS DESCRIBED IN THESE FORWARD-LOOKING STATEMENTS ARE SUBJECT TO KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER UNPREDICTABLE FACTORS, MANY OF WHICH ARE BEYOND THE COMPANY'S CONTROL. THE COMPANY FACES MANY RISKS THAT COULD CAUSE ITS ACTUAL PERFORMANCE TO DIFFER MATERIALLY FROM THE RESULTS PREDICTED BY ITS FORWARD-LOOKING STATEMENTS, INCLUDING THE SUBSTANTIAL INVESTMENT OF CAPITAL REQUIRED TO PRODUCE AND MARKET FILMS AND TELEVISION SERIES, INCREASED COSTS FOR PRODUCING AND MARKETING FEATURE FILMS, BUDGET OVERRUNS, LIMITATIONS IMPOSED BY OUR CREDIT FACILITIES, UNPREDICTABILITY OF THE COMMERCIAL SUCCESS OF OUR MOTION PICTURES AND TELEVISION PROGRAMMING, THE COST OF DEFENDING OUR INTELLECTUAL PROPERTY, DIFFICULTIES IN INTEGRATING ACQUIRED BUSINESSES, TECHNOLOGICAL CHANGES AND OTHER TRENDS AFFECTING THE ENTERTAINMENT INDUSTRY. THE REPORTS THAT THE COMPANY FILES WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION CONTAIN A FULLER DESCRIPTION OF THESE AND MANY OTHER RISKS TO WHICH THE COMPANY IS SUBJECT. BECAUSE OF THOSE RISKS, THE COMPANY'S ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS AND THE DEVELOPMENT OF THE INDUSTRY IN WHICH IT OPERATES MAY DIFFER MATERIALLY FROM THAT CONTEMPLATED BY ITS FORWARD-LOOKING STATEMENT. THE INFORMATION SET FORTH IN THIS PRESENTATION REPRESENTS MANAGEMENT'S CURRENT EXPECTATIONS AND INTENTIONS. THE COMPANY ASSUMES NO RESPONSIBILITY TO ISSUE UPDATES TO THE FORWARD-LOOKING MATTERS DISCUSSED IN THIS PRESENTATION.

3 Business & Industry Overview Michael Burns, Vice Chairman

4 Key Investment Highlights Leading, next generation filmed entertainment company with strong and recognizable brandDiversified film and television production and distribution with global reachIntegrated and synergistic business strategyHighly valuable film and television library; one of the largest in the worldSignificant asset coverageSizeable revenue backlogProven history of mitigating financial riskStrong, stable, and experienced management teamDeep, recurring relationships with creative talent

5 Lionsgate Overview A diversified producer and distributor of motion pictures, television programming, home entertainment, family entertainment, video-on-demand and music content Lionsgate has released approximately 18 - 20 major motion pictures and produced approximately 69 hours of television on average per year over the last three fiscal yearsFYE 2009 revenue of $1.5 billion comprised of $1.2 billion in motion picture revenue and $222 million in television revenueUnique Lionsgate business model CORE BUSINESSES Films Prestige Franchise Comedy Genre Television Largest Independent Supplier of Cable Programming Channels LibraryOne of the Largest Film Libraries in the World with 12,000+ titles FINANCIAL PARTNERS INTERNATIONAL REACH Wholly-Owned DIVERSIFIED BUSINESSES Wholly- Owned 3rd Party Titles Catalog Acquisitions 1,000+ Songs London Los AngelesHamburg Australia New Zealand TECHNOLOGY & NEW MEDIA

6 1 Based on $75.0 million of projected adjusted EBITDA in FY 2010 per public guidance 2 Lionsgate 6/30/2009 10Q, incremental facility up to $500 million subject to security in convertible bond debentures. Does not includes L/Cs of $22.7 million3 Next put date for 2.9375% Conv. Sr. Sub. Notes October 2024: 10/15/2011 @1004 Next put date for 3.6250% Conv. Sr. Sub. Notes due March 2025: 3/15/2012 @100 5 Next put date for 3.6250% Conv. Sr. Sub. Notes due March 2025: 3/15/2015 @100 6 Consolidated presentation of miscellaneous leases7 MVE as of 9/15/2009 (closing price of $6.57/share) Lionsgate capitalization Current Capitalization ($ millions)

7 Company History 1997:Lionsgate was founded by Frank Giustra before merging with Beringer Gold and becoming a public companyAcquired several Canadian- based companies including Cinepix Film Properties, North Shore Studios, and Mandalay Television 1998: Acquired the film library of a bankrupt company called International Movie Group and listed on the American Stock Exchange 2000:Jon Feltheimer and Michael Burns joined CompanyAcquired Trimark 2003:Acquired Artisan, doubling size of company 2004:Saw released to wide audience acclaim 2005:Acquired Redbus, providing direct distribution in the UKFirst Tyler Perry film, Diary of a Mad Black Woman, is released and Weeds premiered on Showtime 2006:Crash wins Best PictureEstablished FEARnet VOD, broadband Internet channel with Comcast and Sony Pictures 2007:Acquired Mandate Pictures and Debmar Mercury; made strategic investment in Break.com and Roadside Attractions Mad Men premieres on AMC to critical acclaim 2008:Lionsgate announces Epix, a premium television channel joint venture with Viacom and MGM 2005 2007 1997 1998 2000 2003 2004 2006 2008 2009 2009:Acquired TV Guide Network and formed financial partnership between One Equity Partners and TV Guide Revenue: $184.3M $259.5M $369.6M $838M $945.3M $976.7M $1.36B $1.46B FY '00-'09 CAGR of 26% Note: Revenue is presented in the fiscal year while milestones reflect the calendar year

8 Experienced Management Team Jon FeltheimerChief Executive Officer Lionsgate CEO since March 2000EVP, Sony Pictures and President, Columbia TriStar Television GroupPresident and CEO, New World Entertainment Vice-Chairman since March 2000Lionsgate board member since 199925+ years of entertainment and Wall Street experience Michael Burns Vice-Chairman Lionsgate CFO since September 2002CFO, Trimark and Artisan Entertainment, 1990-2002 James Keegan Chief Financial Officer Management has grown revenue from $184 million to $1.5 billion1 President of Lionsgate since February 2004Co-Chief Operating Officer since 2007President of Artisan Home Entertainment Steve Beeks President & Co-COO Co-Chief Operating Officer and President of Motion Picture Group since 2007Founder and CEO, Mandate Pictures, 2001-2007President, Lionsgate International, 2000-2001 Joe Drake Co-COO 1 Based on revenues of $184.3 million in FY 2000 and $1.46 billion in FY 2009 Lionsgate EVP Corporate Development and Strategy since 2008COO/CFO Mandate Pictures, 2001-2007 Brian Goldsmith Executive Vice President

9 Diversified Revenue Mix Note: TV Guide Network is not consolidated representing pro forma compliance with FAS 167 1.2% Feature Slate Other Motion Picture, Direct-to-DVD & Catalog Television Segment FY 2005 421 335 83 FY 2009 844 390 222 $838 million $1.5 billion CAGR 14.8% Segment Mix CAGR 3.9% CAGR 19.0% 50.2% CAGR 28.0% Theatrical Packaged Media TV Media Digital Media Non Theatrical Foreign- All Media FY 2005 0.162 0.533 0.135 0 0.018 0.118 FY 2009 0.149 0.43 0.213 0.012 0.019 0.127 Media/Channel Mix 39.9% 9.9% 57.9% 26.8% 15.3% 53.3% 43.0% 21.3% 1.9% 12.7% 13.5% 11.8% 1.8% 16.2% 14.9% Increasingly diversified revenue streams across media channels and business unitsExpanding presence in television production and distribution

10 Film Business Overview Leading independent U.S. motion picture producer and distributor4.5% theatrical market share for CY 2008, $919 million film slate revenue in FY 09Historically, 12-16 wide theatrical releases (18-20 total releases) per fiscal yearDisciplined, bottom-line driven approach to acquisition, production and distributionEach annual slate is built with a focus on those categories in which we have a proven track record and a sustainable competitive advantage 2005 2006 2007 2008 2009 418.576 527.069 533.469 830.276 918.818 Note: Excludes Acquired Brands, Foreign Acquisitions and Family / Fitness segments. 22% CAGR

11 Warner Fox Sony Disney Paramount Universal Lionsgate Other East 946845 787207 794888 624449 682939 723065 480800 835722 Video Market Share Overall Market Share by Studio1/1/2009- 6/30/2009Total: $9.5 billionRepresents consumer spending on DVD and VHS purchases and rentals.Source: Rentrak and Extrapolated Nielsen(Includes Moody's and S&P corporate family ratings for parent company) Other$1.45b / 15.2% $1.26b / 13.2%Parent: A3/A- $1.01b / 10.6%Parent: Aa2/AA+ $1.53b / 16.1%Parent1: Baa2/BBB $1.09b / 11.5%Parent1: Baa3/BBB $1.5b / 15.7%Parent1: Baa1/BBB+ $974.7m / 10.2%Parent1: A2/A $709.7m & 7.4% Warner Paramount Sony Universal Fox Disney Lionsgate Other 953.3 995.4 597.2 451.2 858 635.5 307.769426751592 508 Theatrical Market Share $234.6m & 4.5% 2009 Domestic Box OfficeJanuary 1, 2009 - June 30, 2009Total: $5.2 billionSource: Rentrak(Includes Moody's and S&P corporate family ratings for parent company) Other$508m / 9.7% $953m / 18.2%Parent1: Baa2/BBB $995m / 19%Parent1: Baa3/BBB $858m / 16.3%Parent1: Baa1/BBB+ $635m / 12.1%Parent1: A2/A $597m / 11.4%Parent: A3/A- $451m / 8.6%Parent: Aa2/AA+ Lionsgate had record box office performance in Q4 of FY09, driven by success of Tyler Perry's "Madea Goes to Jail", "My Bloody Valentine 3D" and "The Haunting in Connecticut" Significant Film Market Share 1 Indicates Moody's rating for senior unsecured facility of parent company. 1 Indicates Moody's rating for senior unsecured facility of parent company.

12 DVD Conversion Lionsgate was the #1 studio in box-office to DVD conversion in CY2008, earning approximately 20% more DVD wholesale revenue per box-office dollar than the industry average Lionsgate has led all studios in box-office to DVD conversion in three of the past five years Source: Adams Media Research

13 Production and Distribution Risk Mitigation We play where we can win: Disciplined 'greenlight' process aligns clear commercial concepts with our marketing and distribution strengthsAllocate investment toward specific genres that have theatrical upside and maximize return from home entertainmentFocus on audiences that can be efficiently targeted, thereby spending less per release on P&A than the industry at-largeTarget release dates that fall outside crowded summer or holiday play periods Aggressive management of production costs including use of subsidies and innovative structures with talentInternational pre-sale model mitigates distribution risk and investment Industry Risks Commercial viability of productLarge marketing expenditures to 'open' wide theatrical releasesCrowded release schedule - securing theatrical 'shelf space' and audience attentionProduction cost overrunsExpensive, fixed distribution costs/overhead Lionsgate Approach Lionsgate is profitable or breakeven on 86 of 106 titles1 1From FY 2002 through Q1 2010

14 Television Business Overview Focus in four key areas: production, Debmar Mercury production / distribution / syndication company, production partnerships and channel platformsFY 2009 revenue and contribution of $222 million and $19.4 million, respectively, with a revenue CAGR of 28% for FY 2005-2009Leading independent supplier and distributor of cable programmingMitigated risk with stable cash flows through unique business modelFocus on cable, rather than network televisionHigh quality programming at low cost through use of production/tax incentivesCreative structures with talent and our network partners 2005 2006 2007 2008 2009 82.9 133 118.5 210.7 222.3 Note: Excludes EPIX and TV Guide. 28% CAGR

15 Leading content supplier, distributor and platform provider Television productionLeading independent supplier of cable programmingEight television series in production on seven different networks, and five first-run syndication series in production on three different networksDebmar Mercury (Television Distribution)Leading independent syndicator of film and television packagesSpecializes in both original fare for syndication as well as off-network distributionChannelsTV Guide Network: A subscriber fee and advertising-supported programming service, providing compelling entertainment content and comprehensive local and national television listingsEPIX: Multiplatform television network delivering first run movies, original series and live event programming across linear and on-demand television, online and mobileBreak.com: Premier online entertainment destination for Men 18-34, with over 18 million unique viewers and 50 million page impressions per month, and over 12 million video and 5 million picture views dailyBreak Media, through its wholly owned branded properties, and the Break Media Network, reach 70 million men worldwide each monthFEARnet: Multi-platform network for horror, thriller and suspenseTigergate: New Asia television channel venture

16 The Jewel in The Crown: Our Library - 12,000 titles FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 East 211 209 256 264 279 $211m $209m $264m FY 2005-2009 'Reported Library Revenue' $256m $279m

17 Bank Investment Thesis Michael Burns, Vice Chairman

18 Borrowing Base Lending in Film Industry Independent film and television companies can utilize secured credit facilities in which the availability of funds is limited by a 'borrowing base'Financing arrangements reflect the revenue generating ability of assets and the need for cash flow to fund the production and distribution cycleFilm and television libraries demonstrate long-term earnings cycles but require the majority of capital investment upfrontBorrowing base assets can include receivables and library content (based on independent valuation)Borrowing base is usually reported monthly; libraries are usually valued once per annumTypical covenants can include:Leverage and/or fixed charge coverage Ratio can be based on metric other than EBITDALimitation on liens, indebtedness, restricted payments, investments Key Terms of Lionsgate Credit Facility Section: Commentary: Borrowers: Lions Gate Entertainment Inc., Lions Gate UK Limited, and Lions Gate Australia Pty Limited Guarantors: Lions Gate Entertainment Corp. and all of its direct and indirect subsidiaries Facility: $340 million Revolving Credit Facility Tenor & Credit Margin: Matures July 25, 2013, LIBOR + 225 bps, Unused Commitment Fee starting at 50 bps Selected Operating Covenants: Maximum production exposure of $20 millionLimits on investment, liens, capital expenditures, overhead, and guarantees Selected Financial Covenants: Projected Liquidity Ratio 1.1xFixed Charge Ratio 1.5xFilm Spending Ratio 1.0x Incremental Facility: Up to $160 million Acquisitions, Stock Repurchases, and Dividends: Basket up to 25% of eligible library valuation plus 50% of new equity issuanceFor acquisitions, loans must be less than 75% of Borrowing Base

19 Lionsgate Borrowing Base Asset Coverage Borrowing Base ($ millions) The senior secured revolving credit facility's borrowing base is largely comprised of high quality receivables contributed by major media companies and unsold rights for catalog titlesAdvance rates are applied to the various classes of collateral and exposure to certain counterparties remains capped at preset limits 1Total borrowings available under current commitments to senior secured revolving credit facility and other secured obligations

20 Valuation of Unsold Rights for Bank Facility Lionsgate's unsold distribution rights are independently appraised for purposes of the senior debt borrowing base by Cineval, LLC, an independent valuation firm with more than 20 years of experience in film financeCineval's analysis includes content which has been completed and released by the valuation date; the analysis excludes on- and off-balance sheet receivables as well as backlogAlthough this differs with the Lionsgate definition of "library" (titles that have completed their first cycle), it is intended to reflect the true value of completed titles which are not otherwise accounted for in the backlogSummary factorsAll rights valued at the close of each fiscal yearCash flows are discounted to net present value over a period of ten years with a terminal valueCash receipts are net of estimated overhead expenses as well as projected participations and residualsDiscount rate refreshed annually based on relevant market factors FY 2009FY 2008FY 2007 Projected$601.6$382.5$379.4 Actual$650.6$418.9$434.8 $ Variance$48.9$36.5$55.4 % Variance8.1%9.5%14.6% Actual Collections versus Cineval projections12 months($ millions) 10.8% Average The March 2009 valuation appraised Lionsgate's unsold rights at a pre-tax amount of $611 million and a post-tax amount of $531 million

21 Filmed Entertainment Backlog Revenue Growth FY 2007 FY 2008 FY 2009 TV 151 134 166 Film 169 308 331 $169m $308m $134m $151m $442m $320m $331m $166m $497m Future period collections supported by significant backlog of $497 millionApproximately 80% of backlog to be collected in next 24 monthsBacklog is defined as future revenue amounts not yet recorded from contracts for the licensing of films and television product

22 Financial Overview James Keegan, Chief Financial Officer

23 Historical Income Statement

24 Historical Cash Flows In February 2009, Lionsgate acquired TV Guide Network for approximately $243 million In May 2009, Lionsgate sold a 49% stake in TV Guide Network to One Equity Partners for approximately $122 million

25 Adjusted EBITDA reconciliation FY2009 & Projected FY2010 FY2009 EBITDA ($ millions) FY2009 to Proj. FY2010 EBITDA Bridge ($ millions) Projected EBITDA drivers in FY2010:Contribution from TV Guide Network investmentGrowth of theatrical film slate portfolio and LibraryContinued strength of television productionThe addition of a high end servicing deal with Relativity Media (no production or marketing investment exposure) Key contributors to FY2009 performanceImpairment charge to carrying value of HiT Entertainment rights due in part to weaknesses in the children's entertainment sector Pre-release write down of films impaired balance sheet carrying valueAccelerated amortization to select acquired library titlesUnderperformance of certain titles compounded by the loss of a financing partnerStock based compensation Invisible Stack 2 Stack 3 Stack 4 Stack 5 Stack 6 Stack 7 Totals (invisible) Stack 8 Stack 9 Stack 10 Stack 11 Stack 12 Stack 13 Stack 14 Stack 15 Stack 16 FY09(A) EBITDA 0 -134.2 30 HiT Entertainment -89 -45 Pre-Release Writedown -62.2 -26.9 Library Writedown -57.1 -5.1 Impact of certain titles -39 -18.1 60 Stock Based Comp. -27 -12 Adj. FY09 EBITDA -10 -17 Stack 1 Stack 2 Stack 3 Stack 4 Stack 5 Stack 6 Stack 7 Totals (invisible) Stack 8 Stack 9 Stack 10 Stack 11 Stack 12 Stack 13 Stack 14 Stack 15 Stack 16 FY09 EBITDA -134 30 Adj. FY09 EBITDA -17 FY10(P) EBITDA 10 Adj. FY10(P) EBITDA 75 60 ($134) $45 $20 $5 $23 $13 ($28) ($134) ($28) ~$10 ~$75

26 Long-Term Financial Objectives & Principles Continue to build strong and predictable cash flow streams through moderate capital investments in a diverse product portfolio Continue managed growth of top line revenue Target average contribution margin of 12.5% or higher Expand annual film slate ultimate contribution Strict management of G&A expense Continue to build library assets with long-term value Maintain a strong balance sheet

27 Key Investment Highlights Leading, next generation filmed entertainment company with strong and recognizable brandDiversified film and television production and distribution with global reachIntegrated and synergistic business strategyHighly valuable film and television library; one of the largest in the worldSignificant asset coverageSizeable revenue backlogProven history of mitigating financial riskStrong, stable, and experienced management teamDeep, recurring relationships with creative talent

28 Appendix

29 Organizational Structure Lions Gate Entertainment Corp. (Can-BC) Lions Gate Television, Inc. (US-DE) Lions Gate Entertainment Inc. (US-DE) Debmar Studios Inc. (US- CA) Artisan Ent. Inc. (US-DE) Mandate Pictures LLC (US-DE) Lions Gate UK Ltd. (UK) Lions Gate Films, Inc. (US-DE) Lionsgate Australia Pty. Ltd. (AU) Borrowers Under $340 million Secured Revolving Credit Facility $99 million of 3.625% Unsecured Convertible Senior Subordinated Notes$67 million of 3.625% Unsecured Convertible Senior Subordinated Notes$150 million of 2.9375% Unsecured Convertible Senior Subordinated Notes