Lionsgate Ups Ron Schwartz to President of Home Entertainment

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Lionsgate Ups Ron Schwartz to President of Home Entertainment
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Lionsgate Ups Ron Schwartz to President of Home Entertainment

Lionsgate has been promoted Ron Schwartz to president of home entertainment, the company announced Wednesday.

The division is a $1 billion-a-year operation that has earned a 10 percent market share from the strong home-entertainment releases of "Hunger Games" and "The Twilight Saga: Breaking Dawn -- Part 1" -- two of the top three in 2012, Lionsgate said.

"Ron is a gifted and experienced executive who has helped guide our home entertainment business to several years of sustained and profitable growth," Lionsgate Co-Chief Operating Officer and Motion Picture Group President Steve Beeks said in a statement. "He has a keen grasp of the direction in which our business is heading, and he is ideally qualified to position Lionsgate as a global leader and innovator in delivering content to the full spectrum of home entertainment platforms."

Also Read: Donald Glover, Evan Peters Join Lionsgate's 'Reawakening' (Exclusive)

During Schwartz's tenure, Lionsgate's 15,000-title library has experienced eight consecutive years of revenue growth.  

Prior to the promotion Schwartz served as executive vice president and general manager of the same division. He is a 20-year veteran of Lionsgate and its predecessor companies.

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