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).
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Famous quotes containing the word properties:
“A drop of water has the properties of the sea, but cannot exhibit a storm. There is beauty of a concert, as well as of a flute; strength of a host, as well as of a hero.”
—Ralph Waldo Emerson (1803–1882)