Lionsgate Could Soon Be Sold
The reported offer could let Legendary self-distribute its films, and Lionsgate shares jumped more than 15% on the news, Bloomberg reported.
- Legendary Entertainment revived takeover talks with Lionsgate Studios on Tuesday, submitting a formal acquisition bid that sent the studio's shares surging more than 15%.
- Interest began last year, shortly after Lionsgate separated from Starz to become a pure-play film and television entity, removing foreign-ownership constraints that had previously complicated larger-scale deals.
- A combination would grant Legendary its own theatrical distribution infrastructure while providing access to Lionsgate's extensive library of more than 20,000 film and television titles.
- The proposal pushed Lionsgate's market capitalization near $3.6 billion, with shares trading above $12, though both companies declined to comment on specific financial terms.
- Lionsgate is scheduled to report quarterly results on November 5, while Legendary CEO Joshua Grode continues pursuing dealmaking to expand the company's franchise portfolio.
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TV Tech Industry NewsLionsgate Could Soon Be Sold
Lionsgate Studios shares climbed more than 15 percent in afternoon trading on Tuesday after reports that Legendary Entertainment had revived acquisition talks and submitted a formal takeover offer for the company. The move lifted the stock above $12 a share, roughly double some recent trading levels, and pushed the studio’s market capitalization near $3.6 billion […]
Legendary Revives Lionsgate Takeover Talks With New Offer
Legendary Entertainment has revived acquisition talks with Lionsgate Studios and submitted a takeover offer, according to reports. Lionsgate shares jumped on the news; a deal would give Legendary access to the studio’s film and television library and theatrical distribution network. · 15 sources across the spectrum on IJR News.
Liongate Stock Jumps On Report Of Takeover Offer By Legendary
Shares of Lionsgate surged more than 15% in afternoon trade on a report the company had received a takeover offer from Legendary Entertainment, which has been kicking the tires of the standalone studio for months. Deadline reported Legendary’s interest in June of 2025 after Lionsgate Studios split with Starz. In a report today, Bloomberg said […]
Legendary Entertainment resumed the negotiations to acquire Lionsgate Studios and presented an offer of acquisition, according to people familiar with the subject. The producer of Duna and Minecraft film franchises had considered making an offer by Lionsgate last year, as reported by Bloomberg at the time. Since then, both parties have had talks about a possible deal, sources said. Legendary is controlled by the global Apollo manager together wi…
The Hollywood Reporter
Legendary Heats Up Bid to Nab Lionsgate
Legendary Entertainment has submitted an acquisition offer for Lionsgate, per a Bloomberg report.
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