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Lionsgate said the deal in total values Starz shares at $32.73, an 18% premium over the 20-day average trading price for Starz as of June 28.
Lionsgate is set to (finally) acquire Starz in a deal valued at $4.4 billion, spread across cash and stock. The two companies had previously flirted for quite some time.
Lionsgate acquired Starz in 2016 for $4.4 billion, and over time, has steadily grown its customer base, which grew by 4.8 million for the quarter, reaching a total of 35.8 million.
Lionsgate has evidently concluded that the long-term economics of streaming are more attractive than the studio business. In the second quarter, Starz’s global streaming subscriber base grew by ...
Lionsgate is looking into a potential acquisition of Starz — again — per a Thursday filing with the Securities and Exchange Commission. “Lionsgate has informed the Issuer that it intends to ...
Starz, fresh off its separation from former parent company Lionsgate, reported results for the first three months of the year. For the quarter, which was the company’s Q4 of fiscal 2025, Starz ...
Lionsgate, Starz Take New Step Toward Separation The studio filed a Form 10 registration regarding its planned separation into two publicly traded companies. By Etan Vlessing ... July 12, 2023 1:46pm ...
Lionsgate, the film studio whose titles include The Hunger Games and The Twilight Saga, said Thursday it agreed to buy premium cable network Starz for $4.4 billion.
Lionsgate Takes $1.8B Hit As It Exits Seven Former Starz Markets. Lionsgate, led by CEO Jon Feltheimer, released its second quarter financials, including a $53.7 million operating loss before one ...
Representatives of Lionsgate and Starz declined to comment on the merger talk. Analysts have long been intrigued by a Lionsgate-Starz merger as well as Malone’s interest in reshaping Hollywood.
Starz shares rose $1.51, or 5%, to $30.70 in midday trading on Wall Street Thursday. Lionsgate’s stock was little changed at $25.54 a share.
Lionsgate is set to (finally) acquire Starz in a deal valued at $4.4 billion, spread across cash and stock. Under the terms of the agreement, each share of Lionsgate common stock (LGF) will be ...