SANTA MONICA, CA, May 9, 2012 — Continuing the diversification of its highly successful television business, Lionsgate (NYSE: LGF), a leading global entertainment company, is partnering with television and music entrepreneur and producer Simon Fuller to develop a contemporary television musical drama chronicling the lives and loves of a young California rock-and -roll band, the two partners announced today.

Fuller’s 25-year entertainment career has been highlighted by innovation and number one hits in TV, film, music, sports and fashion, and he has gained global renown for creating and producing the world’s biggest TV franchise, AMERICAN IDOL, developing the Beckhams into one of the world’s most recognizable talent brands and guiding the careers of some of the most successful music stars, such as Annie Lennox, Kelly Clarkson, The Spice Girls, Amy Winehouse, Carrie Underwood, Daughtry, David Cook, Adam Lambert and hit songwriter Cathy Dennis. He currently serves as Executive Producer on “American Idol,” “So You Think You Can Dance,” and “Q’Viva!: The Chosen.”

“Lionsgate’s growth has been built on our partnerships with some of the most successful entrepreneurs in the entertainment industry, and Simon Fuller is an entrepreneurial icon whose success in TV, film and music sets him in a class by himself,” said Lionsgate Chief Executive Officer Jon Feltheimer and Vice Chairman Michael Burns. “He has pioneered new brands with almost unique replicability around the world, and we’re thrilled to partner with him on a show that represents the latest and one of the most exciting chapters in the ongoing diversification of our television business.”

“Simon Fuller has created some of the most successful and enduring franchises in entertainment today,” said Lionsgate Television Group President Kevin Beggs and Lionsgate Television COO Sandra Stern. “We believe that this musical drama about a young rock and roll band will have global resonance with the same young audiences that have fueled the success of other Lionsgate franchises. From AMERICAN IDOL to Spice Girls, Simon has consistently demonstrated the ability to generate brands and formats with enormous worldwide appeal.”

“I am full of positive anticipation for this new collaboration and delighted to partner with Jon Feltheimer, Kevin Beggs and the rest of the team at Lionsgate, one of the most dynamic and innovative companies in the entertainment industry,” said Fuller. “From MAD MEN and WEEDS to THE HUNGER GAMES, Lionsgate has demonstrated the global perspective, creative instincts and marketing prowess to build successful franchises for the future. Our combined powers and vision promise to make for an exciting new entertainment property.”

Lionsgate and Fuller have already launched a nationwide search for four young actors who are also skilled musicians to portray the band members. Showrunner meetings are underway, and the series is being shaped for both broadcast and cable outlets.