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who owns lionsgate entertainment

They also have a strong young adult audience. The hallmark of the Saw franchise is its gruesome violence. [50], On November 10, 2015, Malone's two other companies, Liberty Global and Discovery, Inc. (now Warner Bros. One of these franchises was Blair Witch, with Lionsgate Games publishing a Blair Witch game in 2019. Lionsgate is known for producing and distributing popular films such as the Hunger Games franchise, the Twilight Saga, and the Saw franchise. As the anchor tenant, Lionsgate will have naming rights to the studio. Since becoming Vice Chairman of Lionsgate in March 2000, Mr. Burns has played an integral role in building the Company into a more than $5 billion global content leader with a reputation for innovation. Yonkers Welcomes Lionsgate Television and Movie Studios - NBC New York [33] Lionsgate, along with MGM and Paramount Pictures/Viacom, was also a co-owner of Epix, a pay TV movie channel which debuted on October 30. Lionsgate Motion Picture Group has announced a first-look deal with Vertigo Entertainment, the production company behind the "It" franchise and "The Lego Movie.". The company was founded in 1997 by Mark Rachesky and is headquartered in Santa Monica, California. Who owns Lions Gate Entertainment? Top stakeholders of Lions Gate Hes also a serial killer with a few, peculiar, neuroses. The company continues to produce and distribute a wide variety of films across different genres and has a reputation for identifying and capitalizing on trends in the entertainment industry. [37] The two companies have planned on merging since 2008. Lionsgate's television roster includes the ground-breaking hit series Orange is the New Black, the fan favorite Nashville, multiple Emmy Award winner Mad Men, the hit drama The Royals, the Golden Globe-nominated dramedy Casual, the breakout success Greenleaf and the critically-acclaimed Dear White People. The show follows the infamous Captain Flint and Long-John Silver before the events of Treasure Island. The Hunger Games may have been one of the biggest box office hits for the studio in the young adult category, but it wasnt the only one. Who Owns Lionsgate? (2023 Updated) | USA Informing (Top 10 Reasons), Can You Return Paint At Lowes? [86], Lionsgate Interactive Ventures and Games is the video game development division of Lionsgate. Its based on a book series of the same name. [66] In October 2018, Agapy Kapouranis replaced Peter Iacono as president of international television and digital distribution. Introduction. She works alongside another character, Peeta, to survive the ordeal. Board of Directors - Lions Gate Entertainment Inc. September 27, 2022 1 Min Read The subject of who owns Lionsgate might have been a random thought that crossed your curious minds at a point in time. [7], Completing its first year of operation, Lionsgate had a revenue of $42.2 million with a loss of $397,000. [27], By July 2008, Lionsgate has not made any progress on building its new film studio in Rio Rancho or on setting up the corporation to run the studio per its agreement with New Mexico. Lionsgates market capitalization has grown from $80 million in 2000 to more than $5 billion today, and its revenue has increased more than 20 times over. The short films, financed by Lionsgate and its production partners, will be shown exclusively on Facebook next year. Lions Gate Entertainment Corporation,[3] doing business as Lionsgate, is a Canadian-American mass media and entertainment company. Discovery), made a joint investment of $195400 million in Lionsgate and acquired a 3.4% stake in the company. Ms. Ostolaza is the Chair of the Nominating and Corporate Governance Committee. The company has invested in the trucking and Read more. Great Point Studios, a media-focused investment fund specializing in film and television infrastructure that owns and operates Lionsgate Studios, also revealed its $500 million-plus expansion plan . Redbox And Lionsgate Set Multi-Year Distribution Deal - Deadline Lionsgate | Marvel Movies | Fandom What are some movies that Lionsgate is known for? It was formed by Frank Giustra on July 10, 1997, in Vancouver, British Columbia, Canada and is currently headquartered in Santa Monica, California, United States. It won the Academy Award for Best Picture and the BAFTA Award for Best Original Screenplay. Lions Gate Buys 20% Stake in Spyglass, Gaining 200 Titles It generates series for STARZ, but it also has shows that stream on other platforms like Netflix. While both start to find success, they also realize that their career ambitions start to conflict with their relationship. Jon Feltheimer - Wikipedia He was named to the Board of Directors of Grupo Televisa in 2016 and Washington Universitys Board of Trustees earlier this year. These shareholders, along with other institutional investors and individual investors, own the company. It even goes beyond that to include connections to someone working for the mastermind who has the task of killing one of the prisoners families. It follows the lives of various fictional country music singers in Nashville, Tennessee. She becomes fixated on a mysterious student who seems to become as fixated on her. [44] A few days later, on April 30, Lionsgate announced that the studios will expand into the gaming development. The company share price dropped to a low of $1.40. Some of the notable television series produced by Lionsgate Television include: Lionsgate Television also has a number of partnerships and co-productions with other studios and networks, which allows the division to produce and distribute a wide variety of programming across different platforms and markets. [47][48] Fourteen days later, Starz CEO Chris Albrecht hinted a possible merger with Lionsgate. Through Artisan, the company also released the back catalog of ITC Entertainment until 2013, when ITC's successor-in-interest ITV Studios Global Entertainment signed a deal with Shout! These are just a few examples of the many successful films that Lionsgate is known for. Such statements are subject to a number of risks and uncertainties. Precious: Based on the Novel Push by Sapphire. Another famous Lionsgate film is Dirty Dancing. In particular, it follows the story of Donald Draper, an ad executive at the agency. [87] It was founded in April 2014 and is headed by Nerdist Industries co-founder Peter Levin. The company continues to explore new opportunities in the gaming space and leverage its popular film and television franchises to create engaging and interactive experiences for audiences. Most of the violence depicted in the film are actually fantasies that Bateman possesses. Lionsgate is an American entertainment company that produces and distributes films, television shows, and digital content. Mr. Fries received his Bachelors Degree from Wesleyan University (where he is a member of the Board of Trustees) and his Masters of Business Administration from Columbia University (where he is a member of the Board of Overseers for the business school). The company owns Starz, a premium-tier cable network, and related channels including Starz Encore, and MoviePlex. The winner gets lauded as the champion and can join the others in the capital city. Another Lionsgate show is Mad Men which aired on AMC. [9] In 2004, Erik Nelson reacquired Termite Art and renamed it to Creative Differences. The STARZ app is available as a standalone streaming service, and its also included with certain cable and streaming TV packages, and can be added as an add-on to other streaming services such as Amazon Prime and Hulu. In June 2000, Lionsgate purchased Trimark Pictures and its in-house home video unit. The entertainment studio has been behind several box office successes. (2023 Updated), When Does Walmart Restock? Starring Keanu Reeves, the movie follows the character of John Wick, a former assassin. [71], On October 3, 2019, Malone completed the sale of his stake in the studio. This led to Feltheimer taking over as CEO from Giustra thus the passed over Doroniuk left the company. The Divergent Series: A series of dystopian science fiction action films based on the Divergent novels by Veronica Roth. Dr. Rachesky serves on the Board of Directors of Mt. William Butterworth is a professional writer of both compelling content copy and fiction. The first film showcased someone having to cut off their own foot to get free. The movie was such a success that it sparked several sequels. These are some of the major studios in the entertainment industry, and they compete with Lionsgate for market share, audiences, and talent. The division is focused on creating games for mobile, console, and PC platforms, and has already announced several upcoming titles based on franchises such as The Hunger Games and John Wick. The Expendables franchise: A series of action films that feature an ensemble cast of veteran action stars. Nurse Jackie: A dark medical comedy-drama television series created by Evan Dunsky, Liz Brixius, and Linda Wallem. Who Owns Lionsgate? Lionsgates television roster includes the ground-breaking hit series Orange is the New Black, the fan favorite Nashville, multiple Emmy Award winner Mad Men, the hit drama The Royals, the Golden Globe-nominated dramedy Casual, the breakout success Greenleaf and the critically-acclaimed Dear White People. [78] Lionsgate Home Entertainment also previously distributed videos from HIT Entertainment[79] and Jim Henson Home Entertainment[80] until 2012 and 2014 respectively when the studios made new deals with Universal Pictures Home Entertainment and Gaiam Vivendi Entertainment. IMG's CEO Peter Strauss became President of Lions Gate Entertainment, Inc. (LGE), the American parent company for Lionsgate's U.S. Her other friend, she also discovers, is from a line of werewolves. The movie was one of the many coming-of-age stories in the 1980s. [7], In January 1999, Roman Doroniuk was named president and chief operating officers of Lionsgate, which led to the corporation's financial operations being moved in April to Doroniuk's offices in Toronto, Ontario while corporate headquarters remained in Vancouver, British Columbia. (2023 Updated). Lionsgate, Vertigo Entertainment: First-Look Deal - Variety These are just a few examples of Lionsgates ventures and investments in the gaming industry. (2023 Updated), Does DoorDash Pay For Gas? An even bigger franchise was The Twilight Saga. The film follows their journey as they struggle to make something of their careers. Mr. Simmons is the Chair of the Audit & Risk Committee and a member of the Strategic Advisory Committee. Currently, the headquarters is located in Santa Monica, California. She ends up becoming a guest of a Scottish Lord. (2023 Updated), Why Is Mediterranean Food So Expensive? In the words of Tolkien, all those who wander may not be lost, but William certainly is. Mr. Simmons serves as a director of Invivoscribe, Inc. and Stonetex Oil Company, privately held companies. [83] Following ViacomCBS' acquisition of a 49% stake in Miramax, Paramount Home Entertainment took over the home media rights to the Miramax catalog. In December 2012, Mr. Crawford retired as its Senior Vice President. They saw the network as a chance to produce and distribute premium-quality television. The film series made the books even more popular. It features the eventual takeover from English forces and the installment of a governor who brought the island under the Kings heel. [30] In May 2009, Lionsgate sold a 49% stake in TV Guide Network and website to One Equity Partners under pressure from shareholder Carl Icahn. Prior to her federal appointment, Ms. Clyburn served 11 years on the Public Service Commission of South Carolina and worked for nearly 15 years as publisher of the Coastal Times, a Charleston weekly newspaper focused on the African American community. This is an American-Canadian entertainment business called Lionsgate, started by Frank Gieustra in July 1997. [22] On July 12, Lionsgate purchased Debmar-Mercury, an independent television distributor, which has continued operations as a Lionsgate subsidiary. National Resources will be an investment partner and project developer, responsible for all phases of design and construction of the studio complex. Yes, Lionsgate owns STARZ, a premium cable and streaming network. Ms. Clyburn is a director and member of the Nominating and Corporate Governance Committee. Create a personalized profile and stay informed with tailored email notifications. Lionsgate has closed on a first-look deal with Vertigo Entertainment, the production company behind the It franchise and The Lego Movie.The newly-formed pact covers all media outside of television . Since Lionsgate is a publicly traded . Lionsgate | Culture Wikia | Fandom [11] On April 13, 2005, Lionsgate spun off its Canadian distribution unit into a new distribution unit called Maple Pictures under the direction of two former Lionsgate executives, Brad Pelman and Laurie May. It generates series for STARZ, but it also has shows that | Just another WordPress site Some of the movies you enjoy likely came from Lionsgate. [67], In January 2018, it was reported that Lionsgate was being subject to a bidding war for a possible acquisition, with Amazon.com (which went on to announce its intent to acquire Metro-Goldwyn-Mayer on May 26, 2021), Comcast, Sony Pictures, Verizon Communications, CBS Corporation, and Viacom (with CBS and Viacom remerging into ViacomCBS in 2019) having made offers. Paul Singers Elliott Management is an American hedge fund management firm that is known for its activist investing strategies. ", "Lionsgate Strengthens Ties To John Malone: Liberty Global Buy Stakes", "Lionsgate sells 6.8% stake to John Malone's Liberty Global", "Liberty Global Take Stakes in Lions Gate", "Liberty Global To Take Stakes in Lionsgate", "Lionsgate Agrees To Buy Starz For $4.4 Billion In Cash And Stock", "Lionsgate Completes $4.4B Acquisition of Starz", Lionsgate Buys Major Stake In Craig Piligians Pilgrim Studios For $200 Million, Lionsgate Buys Stake in Craig Piligians Pilgrim Studios, Lionsgate Acquires Stake in Reality Producer Pilgrim Studios, "Lionsgate Launches Primal Media UK TV Banner From Gogglebox Founders", "US moves to block AT&T's takeover of Time Warner", "Invest Like John Malone: Buy Discovery, Sell Lions Gate", "Weinstein Co Talking to 22 Buyers, $300 Million Expected Price, Bob Weinstein Must Exit", "EuropaCorp Being Circled by Potential Buyers, Investors (EXCLUSIVE)", "Lionsgate Unveils 'Studio L' Digital Slate With 'Honor List,' 'Most Likely to Murder', "Lionsgate Promotes Agapy Kapouranis as International TV Exec Peter Iacono Exits", "These 4 Tech, Media Giants Are In Talks To Buy Lionsgate", "Lionsgate Ripe For Takeover As Amazon, Verizon and CBS-Viacom Emerge As Potential Suitors", "CBS, Lionsgate, Viacom heat up media space M&A rumors", "Lionsgate Courts Buyers as It Struggles to Compete With Industry Heavyweights", "Malone completes sale of his lionsgate stake", "StarzPlay Disputes Disney Using Star Brand In Latin America", "Disney and Starz Reach Settlement Over Star Plus Brand Name Use in Latin America", "Lionsgate Acquires Bulk of Weinstein Film Library in Spyglass Deal", "Lionsgate Sets Canada Releasing Deal with Cineplex Pictures", "Lionsgate, MGA Entertainment seal distribution deal:: Businessofcinema.com", "Jim Henson Company & Lionsgate ink home entertainment distribution deal:: Businessofcinema.com", "DIC Teams With Lions Gate In Home Video Deal", "Lionsgate to Distribute Select Disney Shows | homemediamagazine.com", "Lionsgate, Studiocanal and Miramax Enter Into Home Entertainment Distribution Agreements", "Lionsgate Teams with Sony in New Multi-Year Home Entertainment Pact", "Lionsgate Taps Nerdist's Peter Levin to Head Interactive Ventures, Games", "Blair Witch interview How Lionsgate and Bloober created a game after 2 decades", "Lionsgate movie-themed attraction set to open in Hengqin next year", "Lionsgate Planning $100 Million New York Studio Complex", "Developers of Lionsgate-anchored film studio lock down $60M in financing", "$100 Million Film Studio to Rise from Rubble of Ex-Public Housing Site", "Lionsgate, Great Point Partner for Major New Jersey Studio Complex", "Hollywood on Newark Bay? Lionsgate Films decided to create two home video labels: Avalanche Home Entertainment, which released smaller Canadian B-movies on video and DVD; and Sterling Home Entertainment (a joint venture with Scanbox International, a Danish film company), which released American low-budget movies on video and DVD in the late 1990s. Lionsgate followed that up with a June purchase of International Movie Group, Inc. (IMG), a bankrupt film distributor previously invested in by Guber and Yorktown Securities, for its film library. In recent years, Lionsgate has also focused on expanding its digital and streaming capabilities, including the launch of the streaming service Starzplay, which is available in more than 50 countries worldwide. Mr. Crawford is Co-Chair of the Strategic Advisory Committee. In particular, once they acquired STARZ, they focused a good portion of their studio on producing high-quality television shows. One of Lionsgates biggest shows isnt even on STARZ. One of the biggest horror franchises in recent times is Saw. This show depicted the lives of a few fictitious country singers. In 2001, in Quebec it was renamed Crystal Films, and in Ontario and other provinces, Maple Pictures. In addition to producing and distributing film and television content, Lionsgate also has a number of ventures and investments in the gaming industry. Some of the movies that Lionsgate is known for include: The Hunger Games franchise: Based on the bestselling book series by Suzanne Collins, The Hunger Games franchise includes four films and is set in a dystopian future where children are forced to compete in a brutal competition. The Twilight Saga: A series of five romance fantasy films based on the bestselling book series by Stephenie Meyer. The show follows Piper, played by Taylor Schilling, who ends up in jail due to her past association with a drug dealer. FAQ - Lions Gate Entertainment Inc. Since 2011, Mr. Sloan has co-founded seven special purpose acquisition companies (SPACs) with his partners, including Jeff Sagansky and Eli Baker, raising aggregate gross proceeds of over $4.0 billion, all of which have completed business combination transactions. Some of the movies you enjoy likely came from Lionsgate. Unsubscribe at any time. [63], Following the Weinstein effect, Lionsgate was listed as one of 22 potential buyers interested in acquiring The Weinstein Company. Lionsgate Films (formerly known as Cinpix Film Properties) is a Canadian-American [2] film production and film distribution studio, headquartered in Santa Monica and founded in Canada, and is the flagship [vague] division of Lionsgate Entertainment. November 4, 2021 1:57pm Starz 'Power Book III: Raising Kanan' Courtesy of Starz Lionsgate is officially exploring its options for Starz, considering a separation of the pay TV and streaming. Lions Gate Entertainment Corporation, d/b/a Lionsgate, is an American-Canadian entertainment company. [73] The two companies would reach a settlement in August that same year. The main characters were Rayna James, played by Connie Britton, and Juliette Barnes, played by Hayden Panettiere. The film follows the two characters who meet and fall in love. Until 2012, Lionsgate also distributed most of the theatrical properties held by Republic Pictures on DVD under license from Paramount Pictures. For example, he has an obsession with his own beauty and physique. During his 30-year entertainment industry career, Jon Feltheimer has held leadership positions at Lionsgate, Sony Pictures Entertainment and New World Entertainment and has been responsible for tens of thousands of hours of television programming and hundreds of films, including the global blockbuster Hunger Games franchise and multiple Academy Award winners La La Land, Crash, Monsters Ball and Precious. (10 Reasons), Does Starbucks Take Apple Pay? Bella discovers that the student is a vampire and lives with a family of vampires. Lions Gate Entertainment Stock Ownership - Who Owns Lions Gate For over 13 years, he has held the positions of Chief Executive Officer, President and Vice Chairman of Liberty Global. The company also competes with streaming giants like Netflix, Amazon Prime, and Disney+ for audiences and distribution deals. It all starts with the character of Claire, played by Caitriona Balfe, who is on a trip with her husband. As of 2021, Lionsgate's largest shareholders are Mark Rachesky, who owns approximately 29.5% of the company's shares, Paul Singer's Elliott Management, who owns around 8.5% and Avi Lerner, who owns around 7.5%. These shareholders along with other institutional investors and individual investors own the company. Language links are at the top of the page across from the title. He was a founding member of the management team that launched Liberty Globals international expansion over 28 years ago, and he has served in various strategic and operating capacities since that time. [24], On July 26, 2007, Lionsgate bought a partial stake in independent film distribution company Roadside Attractions. The daughter of Cuban immigrants, Ms. Ostolaza is a native Spanish speaker. [7], Lionsgate continued making acquisitions during the decade to boost distribution and its film library. The show is also based on a memoir about a woman who spent a year in jail and her experiences there. The show essentially shows the characters and their lives as they struggle to make it big and maintain their spotlight while the industry changes around them. From February 2001 to June 2003, Mr. Simmons served first as Chief Executive Officer and then as Chairman and Chief Executive Officer at The NASDAQ Stock Market Inc. From May 1991 to December 2000, Mr. Simmons served as President and Chief Executive Officer of Prudential Securities Incorporated. Lionsgate showed that it was able to produce Oscar-worthy content with the release of La La Land. The Royals: A prime-time television soap opera created by Mark Schwahn, which follows the lives of a fictional British royal family. Most recently, Soaring Eagle Acquisition Corp. (Nasdaq: SRNGU), which Mr. Sloan co-founded, raised $1.725 billion in its initial public offering in February 2021, and in September 2021, completed its initial business combination with Ginkgo Bioworks Holdings, Inc. (NYSE: DNA) (Ginkgo), a biotechnology company that is building a platform to enable customers to program cells as easily as computers. interests. The show also does its part in showcasing the historical events that took place on the pirate island of Nassau. Yes, Lionsgate owns STARZ. Malone now owns directly and indirectly 6 million nonvoting class B shares, as well as beneficially about 6 million class A shares, which carry one vote each. He has been a director of Lionsgate since 2000 and is also the Chairman of the Board. A lover of books, tea, and 1800s fashion, he often feels a small step out of place amid modernity. Lionsgate Games: In 2020, Lionsgate created a new division called Lionsgate Games, which is focused on developing and publishing interactive entertainment based on the companys film and television properties. [34][35], On September 13, 2010, Lionsgate and Televisa formed a joint venture, Pantelion Films, to produce for the next five years eight to 10 films a year targeted for the U.S. Latin American market. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or circumstances. While her husband is off exploring some grounds, she ends up visiting some mysterious stones. In addition to producing and distributing successful films, Lionsgate is also known for producing and distributing a number of popular television series. As an executive officer of Liberty Global and its predecessor, Mr. Fries has overseen its growth into one of the worlds largest and most innovative cable companies with broadband, entertainment, voice and mobile services in 11 countries. On August 4, 2008, Lionsgate announced that it had completed a deal with Walt Disney Studios Home Entertainment to acquire the distribution rights to several ABC Studios/Touchstone Television shows including According to Jim, Reaper, Hope & Faith, 8 Simple Rules and Boy Meets World.[82]. List of Lionsgate Entertainment Corporation Villains' Defeat The acquisition of STARZ has allowed Lionsgate to expand its distribution channels and offer a wider range of programming to its audiences. [58], On July 13, 2016, Lionsgate acquired a minority stake in British unscripted television production startup company Primal Media. Lionsgate is poised to pursue the path of Warner Bros., which licenses the use of characters that it owns to theme park operators. Ms. McCaw is a board member of Air Lease Corporation (NYSE: AL), Teach for America, the Stanford Institute for Economic Policy Research, and the Ronald Reagan Presidential Foundation. Lionsgate to sell Starz, Splitting Studio From Streaming Service - The Lionsgate Renews Partnership With Grindstone Entertainment Group When Babys family learns about her romantic entanglement, shes forbidden to see Johnny again. Saw introduced a new type of horror genre. The studio, will be built next to the former Otis Elevator Company building in Getty Square and is expected to provide 420 new jobs in Yonkers, the developers said. Fans started to split themselves into groups that were either Team Jacob or Team Edward. The series depicts the unfairness, and often failure, of the penitentiary system. [46], On February 11, 2015, John C. Malone swapped a 4.5% stake with 14.5% of the voting power in Starz Inc. for 3.4% of Lionsgate's shares while joining the company's board of directors. About Lionsgate La La Land: A 2016 American romantic musical film written and directed by Damien Chazelle, starring Ryan Gosling and Emma Stone. Youll find that a lot of the series that Lionsgate produces end up on STARZ. The film is ultimately about the sexual insecurities of men and the pursuit of material goods to make up for their general apathy. Ms. Ostolaza also received the Texas Lawyers Lifetime Achievement Award in 2015, and was also named by that publication as one of ten Winning Women and as a Woman to Watch. Ms. Ostolaza has been recognized by the Texas Diversity Counsel as one of its Most Powerful and Influential Women, by Latino Leaders Magazine as one of its Most Powerful Latino Lawyers. She is also a past recipient of Girls, Inc.s annual Woman of Achievement award, an award that recognizes leadership and accomplishments that inspire and increase opportunities for girls and women. [7], Additional acquisition funding arrived in January 2000 as a $33.1 million investment from an investor group that included Paul Allen, former Sony Pictures executive Jon Feltheimer, German broadcasting company Tele-Munchen, and SBS Broadcasting SA. A final film that showcases Lionsgates ability to produce premium films is American Psycho. The Saw franchise: A series of horror films that follow a sadistic serial killer who traps victims in deadly games. Some of the companies that Mr. Sloans SPACs have taken public include DraftKings, Inc. (Nasdaq: DKNG) (DraftKings) and mobile gaming company Skillz Inc. (NYSE: SKLZ) (Skillz). As of 2021, Lionsgates largest shareholders are Mark Rachesky, who owns approximately 29.5% of the companys shares, Paul Singers Elliott Management, who owns around 8.5% and Avi Lerner, who owns around 7.5%. Ms. McCaw is currently the President of SRM Capital Investments, a private investment firm, and most recently the President of COM Investments. [45], In 2015, Lionsgate took over the distribution functions for CBS Films, the film division of CBS Corporation. Ambassador to the Republic of Austria (November 2005 to December 2007). STARZs original series such as Outlander, Power, and American Gods is highly popular among audiences. Mr. Sloan is a member of the Audit & Risk Committee, the Compensation Committee and the Strategic Advisory Committee. (10 Reasons), Why Is Waffle House So Expensive? It starred many celebrities who would go on to become even bigger household names. Its library of more than 8,000 films owes some of its size to output deals with other studios. The Twilight Saga | Kristen Steward, Robert Pattinson - Lionsgate However, the show is also a comedy with the antics of the other prisoners bringing some light to the otherwise dark show.

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who owns lionsgate entertainment