Magic Minds

#111 — Heart of a Lion — Michael Burns

07.28.2021 - By Magic MindPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

https://bit.ly/Go_BelowtheLine   

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 [email protected] or follow us on Twitter @ twitter.com/gobelowtheline   

Support Our Sponsor Magic Mind https://magicmind.co(Use code BTL at checkout for 20% off)  

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.

More episodes from Magic Minds