Lionsgate Studios Gains on Netflix Takeover Speculation (Update) (LION:NYSE)
5 Articles
5 Articles
Exclusive: Netflix wades into the M&A game
The SceneIt failed in a bid for Warner Bros. Discovery. Then, it lost out to Fox in its pursuit of Roku, according to people involved in the sale process. Netflix is increasingly showing up in the marketplace for giant deals, marking a territory for the company that historically said it prefers to build, not buy its growth.It is one of a number of media companies interested in buying Lionsgate Studios, although Netflix — like everyone else — has…
Lionsgate Studios (LION) Stock Soars 7% Amid Netflix Acquisition Speculation
TLDR Shares of Lionsgate Studios (LION) climbed more than 7% Tuesday following acquisition speculation According to Semafor, Netflix has surfaced as a possible acquirer, but no official bid has been submitted Representatives from Netflix, Lionsgate, and Roku refused to provide comment on the speculation Netflix has a history of unsuccessful acquisition attempts, including Warner Bros. Discovery and Roku This development aligns with Netflix’s re…
Sources: Netflix is interested in buying Lionsgate and bid on Roku, but the deal would have faced tougher antitrust scrutiny than Fox's (Rohan Goswami/Semafor)
Rohan Goswami / Semafor: Sources: Netflix is interested in buying Lionsgate and bid on Roku, but the deal would have faced tougher antitrust scrutiny than Fox's — The Scene — It failed in a bid for Warner Bros. Discovery. Then, it bowed out of its pursuit of Roku, according to people involved in the sale process.

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