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- Up until 2024, Lionsgate owned film and TV businesses under its own umbrella. They have since been spun off into Lionsgate Studios, of which Lionsgate owns 87%.
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Lions Gate Entertainment Corporation (LGEC) was formed in 1997 by Frank Giustra, a banker. [10] LGEC purchased Cinépix and kept its leadership. [7] Cinépix was renamed Lions Gate Films on January 13, 1998. [11] LGEC also purchased the Vancouver-based North Shore Studios, which became Lions Gate Studios. [7]
In 1998, Lionsgate helped Guber form Mandalay Pictures with a 45% investment in Mandalay. Lionsgate followed that up with a June purchase of International Movie Group, Inc. (IMG), a bankrupt film distributor previously invested in by Guber and Yorktown Securities, for its film library.
Sep 6, 2023 · Sept 5 (Reuters) - Liberty 77 Capital LP, a private equity fund set up by former U.S. Treasury Secretary Steve Mnuchin, has bought a 5.5% stake in Lions Gate Entertainment (LGFa.N), according...
Dec 22, 2023 · Upon closing of the transaction, it is expected that Lionsgate shareholders will indirectly own an approximately 87.3% stake in Lionsgate Studios, while Screaming Eagle public shareholders, founders and PIPE investors will own approximately 5.7%, 0.7% and 6.3% of Lionsgate Studios, respectively.
Dec 22, 2023 · Dec 22 (Reuters) - Lionsgate (LGFa.N) will spin off its studio unit in a blank-check deal that values the business behind the "Hunger Games" and "John Wick" movie franchises at about $4.6 billion...
Aug 3, 2023 · The eOne acquisition will allow Lionsgate to continue to scale its operations in the UK and Canada, where it has recently launched production partnerships with BBC Studios (Ghosts), Channel Four (Motherland), the CBC (Son of A Critch), Rogers' CityTV (Wong & Winchester) and Bell Media.
Dec 22, 2023 · The new entity, Lionsgate Studios Corp., will let investors value the film and TV businesses as a publicly traded, standalone company.
