Rob Friedman
FameRank: 5

"Rob Friedman" is the Co-Chairman of Lionsgate Films/Lionsgate Motion Picture Group, overseeing all aspects of Lionsgate’s domestic and international feature film acquisition, production and distribution as well as the home entertainment releases of theatrical feature films. Friedman joined Lionsgate in January 2012 following the company’s acquisition of the worldwide filmed entertainment studio Summit Entertainment where he served as the Co-Chairman and CEO since 2007.

Friedman started his career in 1970 in the mailroom at Warner Bros. Studios and in the subsequent 27 years he held many posts ultimately rising to become the studio's President of Worldwide Advertising and Publicity.

In 1997, Friedman moved to Paramount Pictures as Vice Chairman of the Paramount Motion Pictures Group. In 2000, he also added the role Chief Operating Officer, ultimately overseeing seven divisions. He created the studio's specialty film division then known as Paramount Classics. Friedman also served on the Board of Directors of UIP, the joint international distribution venture between Paramount and Universal Studios, and Movie Link, one of the internet's first legal film download to view sites.

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We buy what we think is cheap, ... Our job is to react to other people's overreactions.

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We don't care whether it's old economy or new economy. We're looking for any asset that's trading at 60 cents on the dollar.

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We have not always been as careful as we could have been, ... The current ratings system provides a solid foundation for helping parents guide their children and the enhancements that we propose today offer substantial potential for improvement.

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If you're comfortable with high risk, fine, ... But if you're uncomfortable with risk, you can't do without value.

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There's nothing wrong with an old economy stock as long as you buy it cheap enough, and there's nothing wrong with a new economy stock as long as you buy it cheap enough. Profit is profit.

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There are a lot of value investors who have done tremendous style drift, ... The funds have drifted so dramatically that it's hard to compare us to them.

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I fret for the 55- to 65-year-old investor who is investing the bulk of their assets in high-flying multiples, ... They can permanently impair their capital base. They don't have the longevity to earn back the money.

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By value standards we had a good year.

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The average stock was up 9 percent last year, whether it was growth or value, ... The market is top-heavy to a select list of names.

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