Magic Minds #111 — Heart of a Lion — Michael Burns
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Michael Burns is an Entertainment Executive and Vice Chairman of Lionsgate. He is an Original Co-Founder of Lionsgate when it was first started in 1999. Michael is also James' neighbor and was his first friend when James moved to Los Angeles. On today's episode, Michael talks about how the short squeeze in AMC has helped the movie industry profit as a whole. Michael and James also speak about the process of creating a film from beginning to end. They also speak about the library of films Lionsgate has produce over the past 20 years. To conclude the episode, Michael outlines the Pros and Cons of the modern day streaming service industry and how it has changed the way we view content.
Find out more information about Lionsgate Films:
https://www.lionsgate.com/ 00:23 Introduction
03:03 “Meme” Stocks
12:31 Streaming Services
18:15 Lionsgate’s Background
29:33 Movie Making 101
42:53 TV vs Movies
48:23 Attachments to failing shows
58:16 Lionsgate’s early struggles
1:04:30 Modern Day Lionsgate
1:09:54 Stories that have shaped Michael Burns
1:19:36 What takes up Michaels mindscape
Hit the show hotline and leave a question or comment for the show at 424-272-6640, email James questions directly at askbelowtheline@gmail.com or follow us on Twitter @ twitter.com/gobelowtheline
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About your host, James: James Beshara is a founder, investor, advisor, author, podcaster, and encourager based in Los Angeles, California. James has created startups for the last 12 years, selling one (Tilt, acquired by Airbnb), and invested in a few multi-billion dollar startups to date. He has spoken at places such as Y-Combinator, Harvard Business School, Stanford University, TechCrunch Disrupt, and has been featured in outlets like the New York Times, the Wall Street Journal, Fortune Magazine, and Time Magazine. He’s been featured in Forbes, Time, and Inc Magazine’s “30 Under 30” lists and advises startups all around the world. All of this is his “above the line” version of his background. Hear the other 90% of the story in the intro episode of Below The Line. “Below the Line with James Beshara" is brought to you by Another Podcast Network.