exv12w1

EXHIBIT 12.1

LIONS GATE ENTERTAINMENT CORP.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
FIVE YEARS ENDED MARCH 31, 2005 AND THREE MONTHS ENDED JUNE 30, 2005 AND 2004
(AMOUNTS IN THOUSANDS, EXCEPT RATIOS AND WHERE NOTED)


	Fiscal Year Ended March 31,															Three months ended June 30,
	2005			2004			2003			2002			2001			2005			2004

	$			$			$			$			$			$			$
Net Income (loss) before income taxes, excluding equity interests in unconsolidated subsidiaries, write-down of equity interests, gain on dilution of equity interests, gain on sale of equity interests, other equity interests and minority interests in consolidated subsidiaries		29,535			(89,554	)		379			(15,356	)		10,206			(21,749	)		(11,318	)
Interest capitalized		(1,000	)		(1,300	)		(300	)		(2,200	)		(1,500	)		—			(200	)
Fixed charges		25,968			16,409			9,901			11,635			10,283			5,172			5,895


TOTAL EARNINGS		54,503			(74,445	)		9,980			(5,921	)		18,989			(16,577	)		(5,623	)


FIXED CHARGES:
Interest expense, amortization and write-off of deferred financing costs		23,668			14,342			9,034			8,735			8,116			4,884			5,461
Estimate of interest within rent expense		1,300			767			567			700			667			288			234
Interest capitalized		1,000			1,300			300			2,200			1,500			—			200


TOTAL FIXED CHARGES		25,968			16,409			9,901			11,635			10,283			5,172			5,895


RATIO OF EARNINGS TO FIXED CHARGES		2.10			—	⁽¹⁾		1.01			—	⁽²⁾		1.85			—	⁽³⁾		—	⁽⁴⁾

(1) Earnings were insufficient to cover fixed charges by	$	90,854
(2) Earnings were insufficient to cover fixed charges by	$	17,556
(3) Earnings were insufficient to cover fixed charges by	$	21,749
(4) Earnings were insufficient to cover fixed charges by	$	11,518