Spin-off Properties
The Lions Gate Studios property in Vancouver, British Columbia, Canada was sold to a private company, Bosa Developments, and is now called North Shore Studios, and no longer have an affiliation with Lionsgate Entertainment. In 2006, the company acquired land in Rio Rancho, New Mexico for construction of a new studio facility. The former Lionsgate office located in Toronto is now owned by Maple Pictures (basically the spiritual successor for the original Lions Gate), the distribution arm of Alliance Films, a major Canadian motion picture distribution/production company, resulting in Lions Gate's demerger into two companies, Lionsgate (the American company formerly known as Artisan) and Maple Pictures (the Canadian company formerly known as Lions Gate).
Read more about this topic: Lions Gate Entertainment
Famous quotes containing the word properties:
“The reason why men enter into society, is the preservation of their property; and the end why they choose and authorize a legislative, is, that there may be laws made, and rules set, as guards and fences to the properties of all the members of the society: to limit the power, and moderate the dominion, of every part and member of the society.”
—John Locke (1632–1704)