Lions Gate redux

Fortune finally gets around to profiling Lions Gate Entertainment, the last of the independents. Lions Gate is known for its low-budget releases that find niche audiences and score profits. Of the 18 films the company released last year, 15 have made a profit - about as good a return as you'll find in Hollywood. There continue to be rumors about a possible sale (Paramount was interested for a while), but nothing has materialized. The big lure is the company's library. Not that anyone but me will remember, but the piece covers most everything I reported for Forbes six years ago - including how big-time media investor Gordan Crawford got Michael Burns and Jon Feltheimer together to head up the place. (In case you're interested, it was in the issue of Oct. 2, 2000.)