10 June 2012 3:07 PM, PDT | The Wrap | See recent The Wrap news »

Armed with box office franchises like "The Hunger Games," "The Expendables" and "Twilight," Lionsgate has tentpole films that would make any studio drool. Yet studio Vice Chairman Michael Burns rejects any suggestion his studio wants to be the next Universal or Sony. "We don't want to be the new major," Burns, in conversation with Gary Lucchesi at the fourth annual Produced By Conference, said Saturday. Instead, Lionsgate wants to be "the smallest studio with the largest library." Since Burns, CEO Jon Feltheimer and other investors like Harry Sloan purchased Lionsgate, the company has purchased »

- Lucas Shaw

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