LIONSGATE APPOINTS FORMER TREASURY SECRETARY STEVEN MNUCHIN TO BOARD OF DIRECTORS

Core Viewpoint - Lionsgate Studios Corp. has appointed Steven T. Mnuchin, former U.S. Secretary of the Treasury, to its Board of Directors, effective immediately, which is expected to enhance the company's governance and strategic direction [1][2][3]. Group 1: Appointment and Expertise - Steven T. Mnuchin brings extensive financial and regulatory expertise from his tenure as U.S. Treasury Secretary and experience in the entertainment industry from Dune Capital Management [2][4]. - Mnuchin has co-financed major films, including the blockbuster Avatar, and holds over 35 executive producer credits, showcasing his significant involvement in high-grossing projects [2][4]. - He is currently the Managing Partner of Liberty Strategic Capital, focusing on technology, financial services, fintech, and new content forms, which aligns with Lionsgate's strategic interests [2][4]. Group 2: Board Insights - Dr. Mark Rachesky, Chair of the Lionsgate Board, emphasized Mnuchin's leadership experience and industry insights as valuable assets for the company's growth as a leading content studio [3]. - Mnuchin expressed admiration for Lionsgate's creativity and entrepreneurial spirit, indicating his commitment to supporting the company's dynamic vision and disciplined execution [3]. Group 3: Company Overview - Lionsgate is recognized as one of the world's leading standalone, pure-play content companies, with a diverse portfolio that includes motion picture and television production, distribution, and a vast library of over 20,000 titles [9].