The Supreme Court of British Columbia Grants Order Approving Full Separation of Lions Gate Entertainment Corp.'s Studio and STARZ Businesses into Two Standalone, Publicly-Traded Companies
The Supreme Court of British Columbia has approved the separation of Lions Gate Entertainment Corp.'s businesses into two independent, publicly-traded entities. The split will separate the Studio and STARZ operations, with the separation scheduled for May 6th, 2025. Following the split, Lionsgate will begin trading on the New York Stock Exchange under the ticker symbol LION starting May 7th, 2025.
La Corte Suprema della British Columbia ha approvato la separazione delle attività di Lions Gate Entertainment Corp. in due entità indipendenti e quotate in borsa. La divisione separerà le operazioni del Studio e di STARZ, con la separazione prevista per il 6 maggio 2025. Dopo la scissione, Lionsgate inizierà a essere quotata alla New York Stock Exchange con il simbolo LION a partire dal 7 maggio 2025.
La Corte Suprema de Columbia Británica ha aprobado la separación de las operaciones de Lions Gate Entertainment Corp. en dos entidades independientes que cotizarán en bolsa. La división separará las operaciones del Estudio y de STARZ, con la separación programada para el 6 de mayo de 2025. Tras la separación, Lionsgate comenzará a cotizar en la Bolsa de Nueva York bajo el símbolo LION a partir del 7 de mayo de 2025.
브리티시컬럼비아 대법원이 Lions Gate Entertainment Corp.의 사업을 두 개의 독립적이고 상장된 법인으로 분할하는 것을 승인했습니다. 이번 분할은 스튜디오와 STARZ 사업부를 분리하며, 분할 예정일은 2025년 5월 6일입니다. 분할 후 Lionsgate는 뉴욕 증권거래소에서 LION이라는 티커 심볼로 2025년 5월 7일부터 거래를 시작할 예정입니다.
La Cour suprême de la Colombie-Britannique a approuvé la scission des activités de Lions Gate Entertainment Corp. en deux entités indépendantes cotées en bourse. La séparation dissociera les opérations du Studio et de STARZ, prévue pour le 6 mai 2025. Après la scission, Lionsgate commencera à être cotée à la Bourse de New York sous le symbole LION à partir du 7 mai 2025.
Der Oberste Gerichtshof von British Columbia hat der Aufspaltung der Geschäfte von Lions Gate Entertainment Corp. in zwei unabhängige, börsennotierte Einheiten zugestimmt. Die Trennung wird die Studio- und STARZ-Geschäfte aufteilen, wobei die Trennung für den 6. Mai 2025 geplant ist. Nach der Aufspaltung wird Lionsgate ab dem 7. Mai 2025 unter dem Börsensymbol LION an der New Yorker Börse gehandelt.
- Creation of two focused, independent companies that can better pursue their respective strategic objectives
- Potential for improved market valuation as separate entities
- Enhanced ability for each company to access capital markets independently
- Potential loss of operational synergies between Studio and STARZ businesses
- Additional administrative and operational costs of maintaining two separate public companies
- Possible initial market volatility as investors adjust to the new structure
About Lionsgate Studios
Lionsgate Studios (Nasdaq: 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 Lionsgate's bold and entrepreneurial culture.
About Lionsgate
Lionsgate (NYSE: LGF.A, LGF.B) owns approximately
For media inquiries, please contact:
Peter D. Wilkes
310-255-3726
pwilkes@lionsgate.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/the-supreme-court-of-british-columbia-grants-order-approving-full-separation-of-lions-gate-entertainment-corps-studio-and-starz-businesses-into-two-standalone-publicly-traded-companies-302446269.html
SOURCE Lionsgate; Lionsgate Studios