Hollywood
Lionsgate’s Motion Picture Group ups Patricia Laucella as president
MUMBAI: Reflecting the continued growth and evolution of the company’s motion picture operations, Lionsgate has promoted Patricia Laucella to president, business and legal affairs for its Motion Picture Group.
Laucella will continue to report to Lionsgate general counsel and chief strategic officer Wayne Levin.
In her expanded role, Laucella will oversee a business and legal affairs division responsible for negotiating the production and talent deals of a broad portfolio of films that have propelled Lionsgate into a major force at the global box office, generating approximately $2 billion worldwide each of the past three years.
Laucella has handled production and talent deals for the last two Hunger Games films, The Hunger Games: Catching Fire, the 10th highest-grossing domestic box office release of all time, and The Hunger Games: Mockingjay – Part 1 as well as the upcoming The Hunger Games: Mockingjay – Part 2. She has also structured and negotiated talent deals for director Francis Lawrence and Academy Award-winning superstar Jennifer Lawrence as well as many of the other principal Hunger Games cast members.
In addition, Laucella has structured and negotiated production and talent deals for the first two installments of Lionsgate’s newest franchise, Divergentand Insurgent, the upcoming Allegiant and other upcoming event films such as Gods of Egypt, the epic re-imagining of ancient Egypt, the live actionPower Rangers series, Peter Berg’s action thriller Deepwater Horizon, starring Mark Wahlberg, the supernatural thriller The Last Witch Hunter, starring Vin Diesel, Damien Chazelle’s La La Land and Wonder, based on the long-running New York Times best-seller.
“Patricia is a skilled financial strategist, superb negotiator and a great team leader. She and her team are providing critical legal support to an expanding portfolio of high profile event pictures, and her multidisciplinary business and legal skills combined with her leadership abilities have earned the respect of her colleagues throughout the Lionsgate family,” said Lionsgate Motion Picture Group co-chairs Rob Friedman and Patrick Wachsberger and Levin.
“I’m fortunate to work within the dynamic, innovative and entrepreneurial studio environment created by our amazingly talented senior management team, and it’s a thrill to play a role in assembling such an exciting pipeline of films. I’m also very lucky to work with such a skilled business and legal affairs team, and I’d like to extend particular thanks to my colleague and counterpart Robert Melnik, who is a pillar of Lionsgate’s business affairs activities and an incredibly adept talent negotiator,” added Laucella.
Hollywood
David Zaslav could net up to $887m as Warner Bros Discovery sells up
Media mogul strikes gold as Paramount Skydance deal triggers massive windfall
NEW YORK: While the average office worker might hope for a nice clock and a round of applause upon leaving, David Zaslav is looking at a slightly more substantial parting gift. The chief executive officer of Warner Bros Discovery is positioned to receive a windfall of up to $887 million following the company’s blockbuster $110 billion sale to Paramount Skydance.
In a twist of corporate fate that feels scripted for the big screen, the deal marks the finale of a high-stakes bidding war. It comes after Netflix, once the frontrunner, decided to exit stage left and abandon its pursuit of the HBO Max parent company.
While most people receive a standard final paycheck, the filing released on Monday suggests Zaslav’s exit package is built a little differently. If the deal closes as expected in the third quarter of 2026, the numbers break down like this:
The cash out: A severance package of $34.2 million, covering his salary and bonuses.
The equity: $115.8 million in vested shares he already owns.
The future fortune: A massive $517.2 million in unvested share awards, essentially “future stock” that turns into real money the moment the ink dries on the merger.
Perhaps the most eye-catching figure is the $335 million earmarked for tax reimbursements. However, this particular pot of gold has an expiration date.
The company noted that these reimbursements are tied to specific tax-code rules that significantly decline as time passes. If the deal hits a snag and drags into 2027, that tax payout drops to zero. With hundreds of millions on the line, the chief executive officer likely has every incentive to ensure the closing process moves at double-speed.
