Lions Gate Entertainment Corp. Separates its Studio and STARZ Businesses into Two Independent, Publicly-Traded Companies
Lions Gate Entertainment Corp. has completed the separation of its Studio and STARZ businesses into two independent, publicly-traded companies. The company will now trade on the NYSE under the ticker symbol LION, with its dual share structure consolidated into a single class of stock. The separation, approved by over 99% of shareholders, aims to unlock value by creating two pure-play companies with distinct strategic priorities.
As a standalone content company, Lionsgate will focus on producing 30-40 films annually, including 12 wide theatrical releases, and creating over 100 scripted and unscripted TV shows. The company manages a 20,000+ title library and operates 3 Arts Entertainment for talent management and production.
Lions Gate Entertainment Corp. ha completato la separazione delle sue attività Studio e STARZ in due società indipendenti quotate in borsa. La società sarà ora quotata alla NYSE con il simbolo LION, con una struttura azionaria semplificata in un'unica classe di azioni. La separazione, approvata da oltre il 99% degli azionisti, mira a valorizzare le due aziende specializzate con priorità strategiche distinte.
Come società autonoma di contenuti, Lionsgate si concentrerà sulla produzione di 30-40 film all'anno, inclusi 12 uscite teatrali su larga scala, e sulla creazione di oltre 100 serie TV, sia sceneggiate che non. L'azienda gestisce una libreria di oltre 20.000 titoli e opera 3 Arts Entertainment per la gestione dei talenti e la produzione.
Lions Gate Entertainment Corp. ha completado la separación de sus negocios Studio y STARZ en dos compañías independientes que cotizan en bolsa. La empresa ahora cotizará en la NYSE bajo el símbolo LION, con una estructura accionaria simplificada a una sola clase de acciones. La separación, aprobada por más del 99% de los accionistas, busca desbloquear valor creando dos compañías especializadas con prioridades estratégicas claras.
Como empresa independiente de contenido, Lionsgate se enfocará en producir entre 30 y 40 películas anuales, incluyendo 12 estrenos teatrales a gran escala, y en crear más de 100 programas de TV con guion y sin guion. La compañía administra una biblioteca de más de 20,000 títulos y opera 3 Arts Entertainment para la gestión de talentos y producción.
Lions Gate Entertainment Corp.는 스튜디오 사업부와 STARZ 사업부를 두 개의 독립적이고 상장된 회사로 분리하는 작업을 완료했습니다. 회사는 이제 NYSE에서 LION이라는 티커 심볼로 거래되며, 이중 주식 구조가 단일 주식 클래스로 통합되었습니다. 99% 이상의 주주들이 승인한 이번 분리는 명확한 전략적 우선순위를 가진 두 개의 순수 플레이 회사로 가치를 창출하는 것을 목표로 합니다.
독립 콘텐츠 회사로서 Lionsgate는 연간 30~40편의 영화 제작에 집중하며, 이 중 12편은 대규모 극장 개봉작입니다. 또한 100편 이상의 각본 및 비각본 TV 프로그램을 제작합니다. 회사는 20,000개 이상의 타이틀 라이브러리를 관리하고, 인재 관리 및 제작을 위한 3 Arts Entertainment를 운영합니다.
Lions Gate Entertainment Corp. a finalisé la scission de ses activités Studio et STARZ en deux sociétés indépendantes cotées en bourse. La société sera désormais cotée à la NYSE sous le symbole LION, avec une structure d’actions simplifiée en une seule catégorie. La séparation, approuvée par plus de 99 % des actionnaires, vise à libérer de la valeur en créant deux entreprises spécialisées avec des priorités stratégiques distinctes.
En tant qu’entreprise de contenu autonome, Lionsgate se concentrera sur la production de 30 à 40 films par an, dont 12 sorties en salles à grande échelle, ainsi que sur la création de plus de 100 séries télévisées scénarisées et non scénarisées. La société gère une bibliothèque de plus de 20 000 titres et exploite 3 Arts Entertainment pour la gestion des talents et la production.
Lions Gate Entertainment Corp. hat die Abspaltung seiner Studio- und STARZ-Geschäfte in zwei eigenständige, börsennotierte Unternehmen abgeschlossen. Das Unternehmen wird nun an der NYSE unter dem Tickersymbol LION gehandelt, wobei die bisherige duale Aktienstruktur in eine einzige Aktienklasse konsolidiert wurde. Die Abspaltung, die von über 99 % der Aktionäre genehmigt wurde, zielt darauf ab, durch die Schaffung von zwei fokussierten Unternehmen mit klaren strategischen Prioritäten Wert freizusetzen.
Als eigenständiges Content-Unternehmen wird sich Lionsgate auf die Produktion von 30-40 Filmen pro Jahr konzentrieren, darunter 12 breit angelegte Kinostarts, sowie auf die Erstellung von über 100 fiktionalen und non-fiktionalen TV-Shows. Das Unternehmen verwaltet eine Bibliothek mit mehr als 20.000 Titeln und betreibt 3 Arts Entertainment für Talentmanagement und Produktion.
- None.
- Potential loss of business synergies between Studio and STARZ operations
- Increased standalone operational costs as separate entities
- Possible reduction in market leverage due to smaller company size
Insights
Lionsgate's separation creates focused pure-play entities with improved governance structure, potentially unlocking shareholder value through strategic specialization.
The completion of Lionsgate's separation into two independent, publicly-traded companies represents a significant strategic restructuring designed to enhance shareholder value through focused business models. With the studio business now trading under the ticker symbol LION on the NYSE, Lionsgate emerges as a content-focused entity while STARZ becomes a standalone distribution platform.
The overwhelming shareholder approval of over
The newly independent Lionsgate positions itself as a significant content producer with substantial output capacity: 30-40 films annually (including approximately 12 wide theatrical releases), over 100 TV shows, and a 20,000+ title library. This production scale, combined with talent management capabilities through 3 Arts Entertainment, establishes Lionsgate as a formidable independent studio in an industry where premium content continues to command high value.
This separation addresses the "conglomerate discount" that often affects diversified media companies by creating two pure-play entities that can attract investors specifically interested in either content production or distribution platforms. Each entity can now pursue tailored capital allocation strategies and operational priorities without competing for the same internal resources.
While the press release emphasizes the separation's goal of unlocking "incremental value," it doesn't provide specific financial projections. The companies plan to continue collaborating, though specific arrangements aren't detailed. The timing aligns with broader industry trends where media companies are increasingly choosing between vertical integration and specialized focus.
Separation Creates One of the World's Leading Independent Pure Play Content Companies
Lionsgate To Begin Trading Under the Ticker Symbol LION on the NYSE
Dual Share Structure Has Been Collapsed into Single Class of Stock
The separation is designed to unlock incremental value by creating two pure play, standalone companies able to pursue their own strategic, financial and operational priorities and attract investors drawn to the strengths of their respective businesses. Lionsgate becomes one of the world's leading independent publicly-traded content companies, releasing 30 to 40 films a year, including a dozen wide theatrical releases, creating more than 100 shows spanning its scripted and unscripted television businesses, shepherding a portfolio of valuable brands and franchises, managing a 20,000-plus title film and television library, and operating a world-class talent management and production company at 3 Arts Entertainment.
"We began our journey 25 years ago as a new and different kind of studio, committed to bold, original content, agnostic to distribution platform, disciplined in our execution and powered by a deep library and an agile and entrepreneurial culture," said Lionsgate CEO Jon Feltheimer. "Today we're launching an exciting new chapter as a leading pure play content company, adapting our proven strengths, embracing our emerging opportunities, and bringing our unique and not-easily-replicable portfolio of assets to bear on our mission of creating significant incremental value for our partners, audiences and shareholders. I want to thank our colleagues at STARZ for their many contributions to the Lionsgate family over the past eight years. We look forward to continuing to collaborate closely with them, and we are confident in their success as a standalone company."
About Lionsgate
Lionsgate (NYSE: LION) is one of the world's leading standalone, pure play, publicly traded content companies. It brings together diversified motion picture and television production and distribution businesses, a world-class portfolio of valuable brands and franchises, a talent management and production powerhouse and a more than 20,000-title film and television library, all driven by the studio's bold and entrepreneurial culture.
For media inquiries, please contact:
Peter D. Wilkes
310-255-3726
pwilkes@lionsgate.com
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SOURCE Lionsgate
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