Lionsgate has made a lot of changes in its executive ranks this week, including the latest: Audrey Lee has just been named EVP and Deputy General Counsel. She had spent 14 years at Sony Pictures, where she was SVP Legal Affairs overseeing legal work involving home entertainment and television distribution.
Reporting to Chief Strategic Officer and General Counsel Wayne Levin, Lee will work on high-profile matters including M&A and legal issues for SVOD channels, digital initiatives and location-based entertainment as well as marketing and promotions.
Lee’s “fluency with intellectual property matters and content distribution worldwide make her a tremendous asset to the Lionsgate team,” Levin said. “As we continue to expand our global footprint, her relationships and expertise will help facilitate our growth and evolution.”
Before she joined Sony, Lee was Associate General Counsel at idealab! and handled M&A, securities and intellectual property transactions at law firm Latham & Watkins.
This is the third major executive hiring Lionsgate has announced during the past week. On March 10 it announced that another Sony Pictures vet, Michael Fisk, had signed on as EVP International Marketing, and yesterday it named former Piper Jaffray analyst James Marsh to be SVP of Investor Relations.
Lionsgate shares have lost nearly 30% of their value since the beginning of 2016 as investors questioned its prospects following three film disappointments: Gods of Egypt, The Last Witch Hunter and Mortdecai.