Jon Feltheimer has signed a new contract to remain as chief executive officer of Lionsgate through May 2018, the studio said Monday.
He has been in charge of the studio for 13 years, helping it rise from a distributor of genre films like "Saw" to become one of the major players in the industry. He also oversaw a 2012 merger with Summit Entertainment.
Armed with Summit's "Twilight" series and its own in-house "Hunger Games" franchise, Lionsgate has carved out a niche for itself in the young adult entertainment space. It will continue to expand into that arena with the upcoming release of "Divergent" and "Ender's Game," both of which are based on literary properties with a rabid teen fan base.