Liongate has approved a five-year employment agreement with chief executiveJon Feltheimerrunning through July 31, 2029.

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It also includes reasonable club fees and limited use of corporate aircraft.

Lionsgateis in the process of splitting into two publicly traded companies Lionsgate Studios andStarz.

‘The Hunger Games: The Ballad of Songbirds and Snakes’ premiere

Lionsgate CEO Jon Feltheimer, Rachel Zegler and Tom Blyth at ‘The Hunger Games: The Ballad of Songbirds & Snakes’ premiere.Michael Buckner

The separation has started with Lionsgate Studios merging with a SPAC and spinning off earlier this year.

The split is expected to be completed by the end of 2024.

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