Lionsgate Goes 'Green' With the Release of WEEDS: SEASON THREE
DVD Trays and Paper to be Made with 100 Percent Recyclable Materials; More
Environmentally Friendly Titles To Be Released Throughout The Year As
Company Focuses On Environmental Awareness Throughout Its Businesses
SANTA MONICA, Calif., and VANCOUVER, British Columbia, March 18
-- LIONSGATE(R) (NYSE: LGF), the leading independent
filmed entertainment studio, today announced an initiative to package many
of the Company's DVD releases in environmentally friendly materials. The
first "Green" release under this initiative will be WEEDS: SEASON THREE,
which is scheduled to hit stores June 3, it was announced today by
Lionsgate President and co-Chief Operating Officer Steve Beeks. The company
will announce other "Green" titles throughout the year.
"We are committed to extending our reputation for industry leadership
and innovation into the critically important area of environmental
awareness," said Beeks. "We recognize the importance of helping the
environment and have been identifying ways to do this while preserving the
quality consumers have been accustomed to receiving with our DVD releases
and other product. We look forward to becoming more environmentally
friendly with all of our content going forward -- the release of WEEDS:
SEASON THREE is just the beginning of Lionsgate's 'Green' initiative."
Beeks also noted that Lionsgate's record label will be adopting
environmentally friendly packaging for the WEEDS limited edition soundtrack
CD scheduled for release on June 17. The Company is evaluating other
environmentally friendly options throughout its filmed entertainment
operations, including the development of standards for benchmarking the
success of various environmental initiatives and cost-benefit analyses of
diverse programs designed to promote environmental friendliness.
The trays on all environmentally-friendly DVDs from Lionsgate will be
made of 100 percent recycled materials and each tray can be recycled. In
addition, the paper used for the DVD packaging will be made from 100
percent recycled fibers and is recyclable and compostable.
By utilizing 100 percent recycled water bottles diverted from landfills
for the trays on the company's initial production run of WEEDS: SEASON
THREE, 500,000 water bottles will be prevented from ending up in a
landfill. In addition, manufacturing the recycled tray utilizes less than
10 percent of the total energy required to make a new Amaray case.
Lionsgate is the leading independent filmed entertainment studio and is
a premier producer and distributor of motion picture, television
programming, home entertainment, family entertainment, video-on-demand and
digitally-delivered content. Its prestigious and prolific library of nearly
12,000 motion picture titles and television episodes is a stable source of
recurring revenue and serves as the foundation for the growth of the
Company's core businesses. The Lionsgate brand is synonymous with original,
daring, quality entertainment in markets around the globe.