In a regulatory filing, Lions Gate Entertainment said it secured a new financing agreement with JP Morgan, Chase & Co., Wachovia Corp. and Union Bank, The Los Angeles Times reports.
In a regulatory filing, Lions Gate Entertainment said it secured a new financing agreement with JP Morgan, Chase & Co., Wachovia Corp. and Union Bank, The Los Angeles Times reports.
The deal, which will span 3 1/2 years, will see Lions Gate received at least $100 million from the lenders, but that could rise as high as $200 million. The studio plans to make 11 films this year and expects to make 14 films in 2010.
