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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2021
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table
P
AY
V
ERSUS
P
ERFORMANCE
This section summarizes the relat
ionship b
etween the total compensation paid for Lionsgate’s Chief Executive Officer and the other Named Executive Officers and Lionsgate’s financial performance for the fiscal years shown in the table (in this discussion, Lionsgate’s Chief Executive Officer is also referred to as the principal executive officer or “PEO”, and the Named Executive Officers other than Lionsgate’s Chief Executive Officer are referred to as the
“Non-PEO
NEOs”):
 
                       
Value of Initial Fixed
$100 Investment
Based On:
       
Fiscal
Year
 
Summary
Compensation
Table Total
for PEO
($)(1)(2)
 
Compensation
Actually Paid
to PEO
($)(3)
 
Average
Summary
Compensation
Table Total
for
Non-PEO

NEOs
($)(1)(2)
 
Average
Compensation
Actually Paid
to
Non-PEO

NEOs
($)(3)
 
Lionsgate
TSR
($)(4)
 
Dow
Jones
U.S.
Media
Sector
TSR
($)(4)
 
S&P
Movies &
Entertainment
Index TSR
($)(4)
 
Lionsgate
Net Income
(Loss)
($Millions)(5)
 
Lionsgate
Adjusted
OIBDA
($Millions)(6)
(a)
 
(b)
 
(c)
 
(d)
 
(e)
 
(f)
     
(g)
 
(h)
 
(i)
2023
   
$
21,528,409
   
$
13,153,336
   
$
6,429,940
   
$
4,169,033
   
$
182
   
$
108
   
$
96
   
$
(2,010.2
)
   
$
358.1
2022
   
$
5,585,412
   
$
10,753,069
   
$
4,649,415
   
$
6,185,148
   
$
267
   
$
144
   
$
124
   
$
(188.2
)
   
$
402.2
2021
   
$
19,176,875
   
$
30,384,695
   
$
5,694,133
   
$
10,065,318
   
$
246
   
$
176
   
$
166
   
$
(18.9
)
   
$
540.9
 
(1)
Mr. Feltheimer was Lionsgate’s Chief Executive Officer for each of the three fiscal years included in the table above. For each of fiscal years 2021 and 2022, Lionsgate’s
Non-PEO
NEOs were Messrs. Burns, Barge, Goldsmith and Berg. For fiscal year 2023, Lionsgate’s
Non-PEO
NEOs were Messrs. Burns, Barge, Goldsmith, Tobey and Berg.
 
(2)
See the
Summary Compensation Table
above for detail on the total compensation for Lionsgate’s Chief Executive Officer for each fiscal year covered in the table. The average compensation for the
Non-PEO
NEOs for fiscal year 2023 was calculated from the
Summary Compensation Table
above. The average compensation for the
Non-PEO
NEOs for each of fiscal years 2022 and 2021 was calculated from the
Summary Compensation Table
as disclosed in Lionsgate’s proxy statement filed with the Securities and Exchange Commission in calendar year 2022 or 2021, respectively.
 
(3)
For purposes of this table, the compensation actually paid (also referred to as “CAP”) to each of Lionsgate’s NEOs (including, for purposes of this table, former Named Executive Officers who are included in the
Summary Compensation Table
for the applicable fiscal year and adjusted for the following with respect to each NEO:
Summary Compensation Table
for the applicable fiscal year and adjusted for the following with respect to each NEO:
 
 
 
Less the amounts reported in the “Stock Awards” and “Option Awards” columns of the Summary Compensation Table for the applicable fiscal year,
 
 
 
Plus the fiscal
year-end
value of Lionsgate option and stock awards granted in the covered fiscal year which were outstanding and unvested at the end of the covered fiscal year,
 
 
 
Plus/(less) the change in value as of the end of the covered fiscal year as compared to the value at the end of the prior fiscal year for Lionsgate option and stock awards which were granted in prior fiscal years and were outstanding and unvested at the end of the covered fiscal year,
 
 
 
Plus the vesting date value of Lionsgate option and stock awards which were granted and vested during the same covered fiscal year,
 
 
 
Plus/(less) the change in value as of the vesting date as compared to the value at the end of the prior fiscal year for Lionsgate option and stock awards which were granted in prior fiscal years and vested in the covered fiscal year,
 
 
 
Less, as to any Lionsgate option and stock awards which were granted in prior fiscal years and were forfeited during the covered fiscal year, the value of such awards as of the end of the prior fiscal year,
 
 
 
Plus the dollar value of any dividends or other earnings paid during the covered fiscal year on outstanding and unvested Lionsgate stock awards not otherwise included,
 
 
 
Plus, as to a Lionsgate option or stock award that was materially modified during the covered fiscal year, the amount by which the value of the award as of the date of the modification exceeds the value of the original award on the modification date.
In making each of these adjustments, the “value” of an option or stock award is the fair value of the award on the applicable date determined in accordance with FASB ASC Topic 718 using the valuation assumptions Lionsgate then used to calculate the fair value of its equity awards. For more information on the valuation of Lionsgate’s equity awards, please see the notes to Lionsgate’s financial statements that appear in its Annual Report on Form
10-K
for each fiscal year and the footnotes to the
Summary Compensation Table
that appears in Lionsgate’s annual proxy statement.
The table above reflects the CAP (determined as noted above) for Lionsgate’s Chief Executive Officer and, for Lionsgate’s
Non-PEO
NEOs, the average of the CAPs determined for the
Non-PEO
NEOs for each of the fiscal years shown in the table.
 
The following table provides a reconciliation of the Summary Compensation Table Total to Compensation Actually Paid for Lionsgate’s Chief Executive Officer.
 
Reconciliation of Summary Compensation Table Total to Compensation
Actually Paid for PEO
 
Fiscal Year
2023 ($)
 
Fiscal Year
2022 ($)
 
Fiscal Year
2021 ($)
Summary Compensation Table Total
   
 
21,528,409
     
 
5,585,412
     
 
19,176,875
 
Grant Date Fair Value of Option and Stock Awards Granted in Fiscal Year
      (9,750,004 )       (1,000,003 )       (7,446,931 )
Fair Value at Fiscal
Year-End
of Outstanding and Unvested Option and Stock Awards Granted in Fiscal Year
      10,815,950             15,610,964
Change in Fair Value of Outstanding and Unvested Option and Stock Awards Granted in Prior Fiscal Years
      (8,868,143 )       3,994,288       2,420,353
Fair Value at Vesting of Option and Stock Awards Granted in Fiscal Year That Vested During Fiscal Year
            1,000,003      
Change in Fair Value as of Vesting Date of Option and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year
      (572,876 )       1,173,369       623,434
Fair Value as of Prior Fiscal
Year-End
of Option and Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year
                 
Compensation Actually Paid
   
$
13,153,336
     
$
10,753,069
     
$
30,384,695
 
The following table provides a reconciliation of the average of the Summary Compensation Table Total for the
Non-PEO
NEOs for a fiscal year to the average of the Compensation Actually Paid for the
Non-PEO
NEOs for that fiscal year.
 
Reconciliation of Average Summary Compensation Table Total to Average
Compensation Actually Paid for
Non-PEO
NEOs
 
Fiscal Year
2023 ($)
 
Fiscal Year
2022 ($)
 
Fiscal Year
2021 ($)
Summary Compensation Table Total
   
 
6,429,940
     
 
4,649,415
     
 
5,694,133
 
Grant Date Fair Value of Option and Stock Awards Granted in Fiscal Year
      (3,272,202 )       (2,759,912 )       (2,366,952 )
Fair Value at Fiscal
Year-End
of Outstanding and Unvested Option and Stock Awards Granted in Fiscal Year
      2,430,521       1,022,759       4,803,958
Change in Fair Value of Outstanding and Unvested Option and Stock Awards Granted in Prior Fiscal Years
      (761,350 )       1,155,466       1,236,985
Fair Value at Vesting of Option and Stock Awards Granted in Fiscal Year That Vested During Fiscal Year
      948,244       1,392,662       158,084
Change in Fair Value as of Vesting Date of Option and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year
      (1,571,828 )       724,758       539,110
Fair Value as of Prior Fiscal
Year-End
of Option and Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year
      (34,292 )            
Compensation Actually Paid
   
$
4,169,033
     
$
6,185,148
     
$
10,065,318
 
 
(4)
Lionsgate TSR represents cumulative total shareholder return on a fixed investment of $100 in existing common stock for the period beginning on the last trading day of fiscal year 2020 through the end of the applicable fiscal year, and is calculated assuming the reinvestment of dividends. The Dow Jones U.S. Media Sector Index TSR and the S&P Movies & Entertainment Index (which Lionsgate also utilizes in the stock performance graph required by Item 201(e) of Regulation
S-K
included in its Annual Reports for each covered fiscal year) represent cumulative total shareholder return on a fixed investment of $100 in the Dow Jones U.S. Media Sector Index and the S&P Movies & Entertainment Index, respectively, for the period beginning on the last trading day of fiscal year 2020 through the end of the applicable fiscal year, and are calculated assuming the reinvestment of dividends. The following chart illustrates the CAP for Lionsgate’s Chief Executive Officer and the average CAP for Lionsgate’s
Non-PEO
NEOs for each of the last three fiscal years against Lionsgate’s total shareholder return and the total shareholder return for each of the Dow Jones U.S. Media Sector and the S&P Movies & Entertainment Index (each calculated as described above) over that period of time.
 
 
LOGO
 
(5)
This column shows Lionsgate’s net income (loss) for each fiscal year covered by the table. The following chart illustrates the CAP for Lionsgate’s Chief Executive Officer and the average CAP for Lionsgate’s
Non-PEO
NEOs for each of the last three fiscal years against Lionsgate’s net income for each of those years.
 
 
LOGO
 
(6)
This column shows Lionsgate’s adjusted OIBDA for each fiscal year covered by the table. Lionsgate considers adjusted OIBDA to be a key metric in its executive compensation program, used in determining corporate performance under fiscal year 2023 annual incentive plan. See the “Compensation Discussion and Analysis” section of this report for more information regarding the use of this performance measure in Lionsgate’s executive compensation program and Exhibit B for the definition, adjustments and related reconciliation for this
non-GAAP
measure. The following chart illustrates the CAP for Lionsgate’s Chief Executive Officer and the average CAP for Lionsgate’s
Non-PEO
NEOs for each of the last three fiscal years against Lionsgate’s adjusted OIBDA for each of those years.
 
 
LOGO
   
Company Selected Measure Name Lionsgate Adjusted OIBDA    
Named Executive Officers, Footnote Mr. Feltheimer was Lionsgate’s Chief Executive Officer for each of the three fiscal years included in the table above. For each of fiscal years 2021 and 2022, Lionsgate’s
Non-PEO
NEOs were Messrs. Burns, Barge, Goldsmith and Berg. For fiscal year 2023, Lionsgate’s
Non-PEO
NEOs were Messrs. Burns, Barge, Goldsmith, Tobey and Berg.
   
PEO Total Compensation Amount $ 21,528,409 $ 5,585,412 $ 19,176,875
PEO Actually Paid Compensation Amount $ 13,153,336 10,753,069 30,384,695
Adjustment To PEO Compensation, Footnote
(3)
For purposes of this table, the compensation actually paid (also referred to as “CAP”) to each of Lionsgate’s NEOs (including, for purposes of this table, former Named Executive Officers who are included in the
Summary Compensation Table
for the applicable fiscal year and adjusted for the following with respect to each NEO:
Summary Compensation Table
for the applicable fiscal year and adjusted for the following with respect to each NEO:
 
 
 
Less the amounts reported in the “Stock Awards” and “Option Awards” columns of the Summary Compensation Table for the applicable fiscal year,
 
 
 
Plus the fiscal
year-end
value of Lionsgate option and stock awards granted in the covered fiscal year which were outstanding and unvested at the end of the covered fiscal year,
 
 
 
Plus/(less) the change in value as of the end of the covered fiscal year as compared to the value at the end of the prior fiscal year for Lionsgate option and stock awards which were granted in prior fiscal years and were outstanding and unvested at the end of the covered fiscal year,
 
 
 
Plus the vesting date value of Lionsgate option and stock awards which were granted and vested during the same covered fiscal year,
 
 
 
Plus/(less) the change in value as of the vesting date as compared to the value at the end of the prior fiscal year for Lionsgate option and stock awards which were granted in prior fiscal years and vested in the covered fiscal year,
 
 
 
Less, as to any Lionsgate option and stock awards which were granted in prior fiscal years and were forfeited during the covered fiscal year, the value of such awards as of the end of the prior fiscal year,
 
 
 
Plus the dollar value of any dividends or other earnings paid during the covered fiscal year on outstanding and unvested Lionsgate stock awards not otherwise included,
 
 
 
Plus, as to a Lionsgate option or stock award that was materially modified during the covered fiscal year, the amount by which the value of the award as of the date of the modification exceeds the value of the original award on the modification date.
In making each of these adjustments, the “value” of an option or stock award is the fair value of the award on the applicable date determined in accordance with FASB ASC Topic 718 using the valuation assumptions Lionsgate then used to calculate the fair value of its equity awards. For more information on the valuation of Lionsgate’s equity awards, please see the notes to Lionsgate’s financial statements that appear in its Annual Report on Form
10-K
for each fiscal year and the footnotes to the
Summary Compensation Table
that appears in Lionsgate’s annual proxy statement.
The table above reflects the CAP (determined as noted above) for Lionsgate’s Chief Executive Officer and, for Lionsgate’s
Non-PEO
NEOs, the average of the CAPs determined for the
Non-PEO
NEOs for each of the fiscal years shown in the table.
 
The following table provides a reconciliation of the Summary Compensation Table Total to Compensation Actually Paid for Lionsgate’s Chief Executive Officer.
 
Reconciliation of Summary Compensation Table Total to Compensation
Actually Paid for PEO
 
Fiscal Year
2023 ($)
 
Fiscal Year
2022 ($)
 
Fiscal Year
2021 ($)
Summary Compensation Table Total
   
 
21,528,409
     
 
5,585,412
     
 
19,176,875
 
Grant Date Fair Value of Option and Stock Awards Granted in Fiscal Year
      (9,750,004 )       (1,000,003 )       (7,446,931 )
Fair Value at Fiscal
Year-End
of Outstanding and Unvested Option and Stock Awards Granted in Fiscal Year
      10,815,950             15,610,964
Change in Fair Value of Outstanding and Unvested Option and Stock Awards Granted in Prior Fiscal Years
      (8,868,143 )       3,994,288       2,420,353
Fair Value at Vesting of Option and Stock Awards Granted in Fiscal Year That Vested During Fiscal Year
            1,000,003      
Change in Fair Value as of Vesting Date of Option and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year
      (572,876 )       1,173,369       623,434
Fair Value as of Prior Fiscal
Year-End
of Option and Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year
                 
Compensation Actually Paid
   
$
13,153,336
     
$
10,753,069
     
$
30,384,695
 
   
Non-PEO NEO Average Total Compensation Amount $ 6,429,940 4,649,415 5,694,133
Non-PEO NEO Average Compensation Actually Paid Amount $ 4,169,033 6,185,148 10,065,318
Adjustment to Non-PEO NEO Compensation Footnote
(3)
For purposes of this table, the compensation actually paid (also referred to as “CAP”) to each of Lionsgate’s NEOs (including, for purposes of this table, former Named Executive Officers who are included in the
Summary Compensation Table
for the applicable fiscal year and adjusted for the following with respect to each NEO:
Summary Compensation Table
for the applicable fiscal year and adjusted for the following with respect to each NEO:
 
 
 
Less the amounts reported in the “Stock Awards” and “Option Awards” columns of the Summary Compensation Table for the applicable fiscal year,
 
 
 
Plus the fiscal
year-end
value of Lionsgate option and stock awards granted in the covered fiscal year which were outstanding and unvested at the end of the covered fiscal year,
 
 
 
Plus/(less) the change in value as of the end of the covered fiscal year as compared to the value at the end of the prior fiscal year for Lionsgate option and stock awards which were granted in prior fiscal years and were outstanding and unvested at the end of the covered fiscal year,
 
 
 
Plus the vesting date value of Lionsgate option and stock awards which were granted and vested during the same covered fiscal year,
 
 
 
Plus/(less) the change in value as of the vesting date as compared to the value at the end of the prior fiscal year for Lionsgate option and stock awards which were granted in prior fiscal years and vested in the covered fiscal year,
 
 
 
Less, as to any Lionsgate option and stock awards which were granted in prior fiscal years and were forfeited during the covered fiscal year, the value of such awards as of the end of the prior fiscal year,
 
 
 
Plus the dollar value of any dividends or other earnings paid during the covered fiscal year on outstanding and unvested Lionsgate stock awards not otherwise included,
 
 
 
Plus, as to a Lionsgate option or stock award that was materially modified during the covered fiscal year, the amount by which the value of the award as of the date of the modification exceeds the value of the original award on the modification date.
In making each of these adjustments, the “value” of an option or stock award is the fair value of the award on the applicable date determined in accordance with FASB ASC Topic 718 using the valuation assumptions Lionsgate then used to calculate the fair value of its equity awards. For more information on the valuation of Lionsgate’s equity awards, please see the notes to Lionsgate’s financial statements that appear in its Annual Report on Form
10-K
for each fiscal year and the footnotes to the
Summary Compensation Table
that appears in Lionsgate’s annual proxy statement.
The table above reflects the CAP (determined as noted above) for Lionsgate’s Chief Executive Officer and, for Lionsgate’s
Non-PEO
NEOs, the average of the CAPs determined for the
Non-PEO
NEOs for each of the fiscal years shown in the table.
The following table provides a reconciliation of the average of the Summary Compensation Table Total for the
Non-PEO
NEOs for a fiscal year to the average of the Compensation Actually Paid for the
Non-PEO
NEOs for that fiscal year.
 
Reconciliation of Average Summary Compensation Table Total to Average
Compensation Actually Paid for
Non-PEO
NEOs
 
Fiscal Year
2023 ($)
 
Fiscal Year
2022 ($)
 
Fiscal Year
2021 ($)
Summary Compensation Table Total
   
 
6,429,940
     
 
4,649,415
     
 
5,694,133
 
Grant Date Fair Value of Option and Stock Awards Granted in Fiscal Year
      (3,272,202 )       (2,759,912 )       (2,366,952 )
Fair Value at Fiscal
Year-End
of Outstanding and Unvested Option and Stock Awards Granted in Fiscal Year
      2,430,521       1,022,759       4,803,958
Change in Fair Value of Outstanding and Unvested Option and Stock Awards Granted in Prior Fiscal Years
      (761,350 )       1,155,466       1,236,985
Fair Value at Vesting of Option and Stock Awards Granted in Fiscal Year That Vested During Fiscal Year
      948,244       1,392,662       158,084
Change in Fair Value as of Vesting Date of Option and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year
      (1,571,828 )       724,758       539,110
Fair Value as of Prior Fiscal
Year-End
of Option and Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year
      (34,292 )            
Compensation Actually Paid
   
$
4,169,033
     
$
6,185,148
     
$
10,065,318
 
   
Compensation Actually Paid vs. Total Shareholder Return LOGO    
Compensation Actually Paid vs. Net Income LOGO    
Compensation Actually Paid vs. Company Selected Measure LOGO    
Total Shareholder Return Vs Peer Group LOGO    
Tabular List, Table
Following is an unranked list of Lionsgate’s financial performance measures it considers most im
portan
t in linking the compensation actually paid to Lionsgate’s NEOs for fiscal 2023 with Lionsgate’s performance.
 
 
 
Adjusted OIBDA (used in determining corporate performance for purposes of the annual incentive plan)
 
 
 
Volume-Weighted Average Stock Price (used in determining vesting of certain stock units granted to Named Executive Officers during the fiscal year)
 
 
 
Certain Discretionary Assessment of Achievement of Operational and Strategic Goals (used in determining individual performance for purposes of the annual incentive plan and the vesting of performance-based equity awards)
   
Total Shareholder Return Amount $ 182 267 246
Net Income (Loss) $ (2,010,200,000) $ (188,200,000) $ (18,900,000)
Company Selected Measure Amount 358,100,000 402,200,000 540,900,000
PEO Name Mr. Feltheimer    
Measure:: 1      
Pay vs Performance Disclosure      
Name Adjusted OIBDA    
Measure:: 2      
Pay vs Performance Disclosure      
Name Volume-Weighted Average Stock Price    
Measure:: 3      
Pay vs Performance Disclosure      
Name Certain Discretionary Assessment of Achievement of Operational and Strategic Goals    
Dow Jones U.S. Media Sector [Member]      
Pay vs Performance Disclosure      
Peer Group Total Shareholder Return Amount $ 108 $ 144 $ 176
SP Movies Entertainment [Member]      
Pay vs Performance Disclosure      
Peer Group Total Shareholder Return Amount 96 124 166
PEO | Grant Date Fair Value of Option and Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (9,750,004) (1,000,003) (7,446,931)
PEO | Fair Value at Fiscal YearEnd of Outstanding and Unvested Option and Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 10,815,950   15,610,964
PEO | Change in Fair Value of Outstanding and Unvested Option and Stock Awards Granted in Prior Fiscal Years [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (8,868,143) 3,994,288 2,420,353
PEO | Fair Value at Vesting of Option and Stock Awards Granted in Fiscal Year That Vested During Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount   1,000,003  
PEO | Change in Fair Value as of Vesting Date of Option and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (572,876) 1,173,369 623,434
Non-PEO NEO | Grant Date Fair Value of Option and Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (3,272,202) (2,759,912) (2,366,952)
Non-PEO NEO | Fair Value at Fiscal YearEnd of Outstanding and Unvested Option and Stock Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 2,430,521 1,022,759 4,803,958
Non-PEO NEO | Change in Fair Value of Outstanding and Unvested Option and Stock Awards Granted in Prior Fiscal Years [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (761,350) 1,155,466 1,236,985
Non-PEO NEO | Fair Value at Vesting of Option and Stock Awards Granted in Fiscal Year That Vested During Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount 948,244 1,392,662 158,084
Non-PEO NEO | Change in Fair Value as of Vesting Date of Option and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (1,571,828) $ 724,758 $ 539,110
Non-PEO NEO | Fair Value as of Prior Fiscal YearEnd of Option and Stock Awards Granted in Prior Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ (34,292)