Sandra Stern has been promoted to President of the Lionsgate Television Group. Stern, most recently COO, spearheads all business, legal, administrative and operational aspects of the division and directs its strategy, transactions and negotiations worldwide. She will continue to report to Lionsgate TV Group chairman Kevin Beggs. With Beggs and Stern at the helm, the group has gone from $8 million in revenue in 2000 to nearly $600 million last year.
Stern, a respected 30-year industry veteran, has been instrumental in forging new relationships, business models and multiple window financing strategies for Lionsgate successes such as Orange Is The New Black, Mad Men, Weeds, Nashville and Manhattan.
“Sandra and Kevin Beggs have complementary business and creative skills that make them a tremendous team in building our television business into one of the financial and strategic pillars of our Company,” said Lionsgate CEO Jon Feltheimer. “Sandra is one of the key executives moving our Company forward, and her dealmaking skills, industry acumen and talent relationships are helping to elevate our Television Group to the next level of performance.”
During Stern’s tenure working alongside Beggs, Lionsgate has built a roster of more than 30 shows on over 20 different networks. All of the company’s new series from last year have been renewed, including: The Royals, the first scripted series for E! Network; Manhattan (WGN America); comedy Deadbeat, picked up for a third season on Hulu; and Chasing Life (ABC Family), the first show from Lionsgate’s television partnership with Televisa. They join such returning shows as OITNB on Netflix and Nashville on ABC.
In addition, the company is launching a record 16 original new series this year, including Clyde Phillips’ drama series Broke for AMC, Jason Reitman’s one-hour comedy drama Casual for Hulu, the drama series Greenleaf for Oprah Winfrey’s OWN, and Lionsgate’s first original series for EPIX, the political satire Graves, starring Nick Nolte and Susan Sarandon.
Stern joined Lionsgate in 2003 as EVP, Business and Legal Affairs, and was promoted to COO of the Television Group in 2005. Before joining Lionsgate, Stern served as COO of Artists Television Group. Prior to that, she worked for eight years, first as SVP, then EVPt, of the Columbia TriStar Television Group at Sony Pictures Entertainment. From 1986 through 1991, Stern was SVP in charge of business affairs and international development at New World Entertainment, where she put together the first ever international co-production for a U.S. broadcast network.