Lionsgate is officially keeping its leading man.
The studio behind global phenomenons like The Hunger Games and John Wick announced on Wednesday that longtime CEO Jon Feltheimer has extended his contract for another two years. The new deal keeps him at the helm of the Hollywood powerhouse through July , .
The news comes at a pivotal moment for the newly-solo studio, and social media is already buzzing about what this means for the future of our favorite franchises.
While the business world is focusing on the numbers, fans on X (formerly Twitter) and TikTok are keeping a close eye on the “IP” that Feltheimer has helped build. “If this means more John Wick and more Hunger Games prequels, I am totally here for it,” one fan shared in a viral post.
The decision was made official on April , when Lionsgate’s compensation committee approved the new employment agreement. According to an SEC filing, Feltheimer’s base salary will remain at $. million—a figure that has remarkably stayed the same for the last years.
However, the deal isn’t without its “May the odds be ever in your favor” moments. Feltheimer will be granted stock options that only vest if Lionsgate stock hits ambitious price targets of $., $., and $..
Currently, the stock is trading around $., meaning the CEO has some serious “main character energy” work to do to hit those milestones.
Feltheimer is a true industry veteran, having served as CEO since March . Before his legendary run at Lionsgate alongside vice chairman Michael Burns, he spent nine years at Sony Pictures.
While at Sony, he worked on the kind of s nostalgia hits that still dominate our streaming queues today, including The Nanny, Dawson’s Creek, Party of Five, and Mad About You.
This contract extension comes as Lionsgate enters a massive new chapter. The company recently completed a spin-off from Starz, making it a standalone studio at a time when Hollywood is obsessed with “consolidation.”
The studio is currently riding a wave of box office momentum with The Housemaid, and TV fans are obsessed with their recent hits The Studio and The Hunting Wives.
But the biggest moment is still to come. Next week, the studio will release Michael, the highly anticipated Michael Jackson biopic that has already sparked massive conversation across social media.
Lionsgate Vice Chairman Michael Burns recently teased that the studio’s “world-class IP” has never been more valuable. He even hinted that the current merger mania in Hollywood—like the rumors surrounding Warner Bros.—is just “the first domino to fall.”
For now, Lionsgate is making sure their own dominoes are exactly where they want them. With Feltheimer secured through , the studio is signaling to fans and investors alike that the future of their favorite cinematic universes is in steady hands.
Whether he’s overseeing the next trip to Panem or a high-octane Keanu Reeves shoot-em-up, Feltheimer’s presence ensures that Lionsgate remains a major player in the game.
