"All of these changes bring with them the need to better communicate to the Street," Jon Feltheimer told investors at his annual general meeting.
"It was a year in which we achieved success by creating business models for every kind of platform, found our own places to compete and win, and continued to occupy a unique and special place as a supplier of premium content to women, African-American, Latinx and LGBTQ audiences who have been historically under-served and underappreciated," Feltheimer said of the last year.
"All of these changes bring with them the need to better communicate to the Street the value creation I’ve just outlined as well as how we intend to better unlock that value. That will be our highest priority in the coming months," Feltheimer promised. But he did point to a stronger bond with Hollywood talent by taking a majority stake in 3 Arts Entertainment, and going deeper into unscripted TV by acquiring Pilgrim Media. The studio expects around 25 million visitors to visit its theme parks and branded attractions on four continents by the end of 2019.
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