Lions Gate Exec ‘Open to Idea of Exclusivity’

Monday, 1 Oct 2012 | 5:55 PM ET

It’s an issue of math when deciding who gets to carry its video content, Lions Gate Entertainment Vice Chairman Michael Burns said Monday on CNBC.

“We’re pretty agnostic to who’s going to carry our content, who’s going to stream it. We were very excited that Epix actually made a deal with Amazon to carry the Epix movies 90 days after the traditional MSOs have it. And so we have Amazon as well as Netflix,” he said on “Fast Money.”

Lionsgate CEO 'Open to Idea of Exclusivity'
It's math that determines who gets to carry its movie content, Lionsgate Films CEO Michael Burns says.

Lions Gate released the blockbuster movie, “The Hunger Games,” and recently began production on sequel, “The Hunger Games: Catching Fire,” set for release November 2013.

(Read More: Netflix ‘A Real Global Growth Opportunity’: Tilson.)

Burns said that content exclusivity would be possible.

“We would be open to the idea of exclusivity in certain territories as long as the exclusivity number was higher than the combination of the non-exclusive partners we have,” he said.

WATCH the full interview with Lionsgate Films Vice Chairman Michael Burns.

Trader disclosure: On Oct. 1, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s “Fast Money” were owned by the “Fast Money” traders: JJ Kinahan is long BAC; JJ Kinahan is long C; JJ Kinahan is short GS puts; JJ Kinahan is short WFC Puts; JJ Kinahan is long CSCO, short puts; JJ Kinahan is long MSFT; JJ Kinahan is short GS Puts; Guy Adami is long C; Guy Adami is long GS; Guy Adami is long INTC; Guy Adami is long AGU; Guy Adami is long MSFT; Guy Adami is long NUE; Guy Adami is long BTU; Joe Terranova is long VRTS; Joe Terranova is long WFM; Joe Terranova is long SWN; Joe Terranova is long TRV; Joe Terranova is long VZ; Joe Terranova is long VLO; Joe Terranova is long CSTR; Joe Terranova is long CHKP; Joe Terranova is long GLW; Joe Terranova is long EMC; Joe Terranova is long NXPI; Joe Terranova is short EUR; Brian Kelly is long QQQ; Brian Kelly is long GLD; Brian Kelly is long DBA; Brian Kelly is long RJA; Brian Kelly is long NAT GAS; Brian Kelly is long COPPER; Brian Kelly is long FCX;

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