Charge of content will stay the important thing for Lionsgate's financial stability, vice chairman Michael Burns has told a business confab. ''We built the corporation controlling just as much content as you possibly can,'' Burns stated panel in the Producers Guild of America's ''Produced By'' conference Saturday at The new sony Galleries. PGA Vice president Gary Lucchesi, who labored with Lionsgate on ''The Lincoln subsequently Lawyer,'' carried out the discussion with Burns. His advice arrived two parts: ''control great material'' and ''don't attempt to fit a square peg right into a round hole.'' He described the later resulted in producers should delay a task whether it is not ready. Though Burns did not mention a particular project, his admonition came a next day of Lionsgate made the decision to obstruct continuing to move forward on its ''Dirty Dancing'' reboot for any year. Lionsgate completed a $412.5 million acquisition of Summit in The month of january but Burns noted the earlier buyouts of Trimark, Artisan and Mandate had assisted Lionsgate biuld a library with more than 13,000 game titles -- which creates $150 million in annual income. He stressed that Lionsgate intends to continue producing content -- features, TV an internet-based -- among the explosion of digital delivery systems. ''Whichever platform will take off, we must create content,'' he added. Burns also stated that despite the stellar performance of ''The Hunger Games'' -- now at $400 million in domestic box office -- that Lionsgate will not considerably change its financing technique of moderate budgets and presales of foreign privileges. Despite ''Hunger Games'' and it is $80 million budget, the typical risk per film is all about $15 million.
