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Lionsgate Restructures Worldwide TV Distribution Group To Manage “Rapidly Shifting Landscape” With New Hires & Some Layoffs
Deadline· 2026-03-11 17:29
Core Insights - Lionsgate is restructuring its Worldwide Television Distribution Group to adapt to a rapidly changing distribution landscape and to support a global, content-first strategy while maintaining regional expertise [2][3] Group Structure Changes - The company is aligning its transactional business with its global licensing group and creating a new self-distribution unit focused on FAST Channels and platforms like YouTube [1][4] - New "verticals" will be created, involving new hires and some layoffs, with less than ten employees being let go in the U.S., Canada, and the UK, making the overall headcount neutral [3] Leadership and Team Focus - The new self-distribution vertical will be led by Chase Brisbin, with a focus on channels business, while Adam Frank will integrate the transactional team into the distribution group [4] - A global content strategy and planning team will be led by EVP Jen Caprow, with existing leaders continuing to manage their respective sales organizations [5][7] Strategic Goals - The restructuring aims to strengthen capabilities for growth, streamline communication, and clarify accountabilities within the organization [7] - The changes are intended to create a more agile, coordinated, and future-ready distribution organization, supporting the strongest trailing 12-month revenue the group has ever achieved [7]