The Hunger Games has captivated the youth across the world. The story is brilliantly creative. Wikipedia describes The Hunger Games as taking place in a nation which is known as Panem, which was established in North America after the destruction of the continent’s civilization by an unknown apocalyptic event. This new nation consists of the wealthy Capitol and twelve surrounding, poorer districts which are united under the Capitol’s hegemony. As punishment for a previous rebellion against the Capitol, at which time a 13th district was destroyed, one boy and one girl between the ages of 12 and 18 from each district are selected by an annual lottery to participate in the Hunger Games, which is an event in which the participants must fight to the death in an outdoor arena controlled by the Capitol, until only one individual remains.
The executives at Lions Gate Entertainment Corp. are thrilled about the success of this movie. Ben Fritz has reported for the Los Angeles Times “Hunger Games, Summit deal net big bonuses for Lions Gate execs.” In the last fiscal year these executives were given significantly increased bonuses. The details on the compensation of top executives at Lions Gate were disclosed in the company’s proxy filing with the Securities and Exchange Commission before its annual meeting, which is scheduled to be held Sept. 11 in Toronto.
Chief Executive Jon Feltheimer is enjoying a bonus which has been more than doubled to $5 million, while vice chairman Michael Burns’ bonus has nearly tripled to $4 million. And Joe Drake, former motion picture group president, received a $2-million bonus, which was five times as much as he received the year before, as part of his agreement to leave the company after Lions Gate’s $412.5-million purchase of Summit Entertainment in January. The proxy filing said
Drake’s bonus was due to the box-office performance of “The Hunger Games,” which grossed $683 million worldwide. The stock for Lions Gate jumped 123% from March 31, 2011 to the same date in 2012, largely because of the success of The Hunger Games.