Lionsgate Studios Corp. filings document the regulatory record of a British Columbia entertainment company with NYSE-listed common shares and rights to purchase common shares. Its 8-K reports cover operating results, material agreements, credit facilities secured by intellectual property rights associated with library titles, board appointments, shareholder meetings and executive compensation arrangements.
Proxy and meeting-related filings describe director elections, auditor ratification, advisory votes on executive pay, shareholder proposal procedures and governance matters. The filing record also includes disclosures on capital structure, registered securities, standstill and voting agreements, and formal results of shareholder votes.
Lionsgate Studios Corp. filed a current report stating that it issued a press release on February 5, 2026 announcing its results of operations for the third quarter ended December 31, 2025. The press release is furnished, not filed, as Exhibit 99.1 and incorporated by reference.
Lionsgate Studios Corp. calls an annual general and special meeting for March 17, 2026, asking shareholders to elect eleven directors, re-appoint Ernst & Young LLP as auditor, and approve executive compensation on an advisory basis. Holders of 290,187,242 common shares at 5:00 p.m. Eastern on February 2, 2026 may vote, with one vote per share.
The proxy describes Lionsgate’s separation from the former Lions Gate Entertainment into a focused studio company, now trading under ticker LION, and highlights a shift to a single-class, one‑share‑one‑vote structure. Governance changes include board refreshment and allowing a prior shareholder rights plan to expire.
Operationally, the company reports record fiscal 2025 studio revenue of $3.2 billion, a $1.1 billion fourth quarter, and record library revenue of $956 million, with a best‑ever $340 million library quarter. Motion Picture segment profit exceeded $300 million, STARZ (pre‑separation) generated over $200 million of segment profit with more than 70% digital revenue, and trailing 12‑month library revenue surpassed $1 billion. The board emphasizes franchise growth in film and television, strong renewal rates for scripted series, scaling of talent management operations, cost discipline, and early use of AI to boost productivity while protecting intellectual property.
Liberty 77 Capital L.P. and affiliated funds report a significant stake in Lionsgate Studios Corp. and enter into a governance agreement with board representation. The reporting group may be deemed to beneficially own up to 37,548,125 common shares, or 13.0% of Lionsgate Studios’ outstanding common shares, based on 289,729,314 shares outstanding as of November 3, 2025. Within this, Liberty 77 Fund L.P. holds 8,136,437 shares (2.8%) and Liberty 77 Fund International L.P. holds 29,411,688 shares (10.2%).
On January 26, 2026, Liberty 77 and its funds entered into a Governance, Standstill and Voting Agreement with Lionsgate Studios and MHR Fund Management. Under this agreement, Steven T. Mnuchin is appointed as a Liberty-designated director and added to the company’s director slate as long as the Liberty parties keep at least 5% ownership and he meets nomination requirements. Liberty 77 and MHR agree to vote their shares for each other’s board nominees and accept standstill restrictions, including limits on increasing ownership above 17.5% and on activist actions, for a period tied to the Liberty-designated director’s board service.
MHR Fund Management and affiliated funds filed Amendment No. 1 to their Schedule 13D on Lionsgate Studios Corp., updating their ownership and governance arrangements. The filing states that entities managed by MHR Fund Management may be deemed to beneficially own up to 37,920,093 common shares (about 13.1% of the 289,729,314 shares outstanding as of November 3, 2025), including restricted share units and shares held directly by Dr. Mark H. Rachesky.
The amendment describes a new Governance, Standstill and Voting Agreement with Liberty77 funds and Lionsgate, under which Steven T. Mnuchin is appointed to the board and will be nominated at future annual meetings while Liberty77 parties hold at least 5% of the common shares. MHR and the Liberty77 parties agree to vote their shares in favor of each other’s board nominees and accept standstill limits, including not raising ownership above 17.5%, along with transfer restrictions, derivative limits, and coordinated-action prohibitions. The agreement also grants pre-emptive, registration and “most favored nations” rights to MHR and Liberty77, subject to ownership thresholds.
Lionsgate Studios Corp. entered into a Governance, Standstill and Voting Agreement with Liberty 77 investment entities and MHR Fund Management. Under this agreement, Lionsgate appointed Steven T. Mnuchin as a Liberty-designated director on the Board, effective January 26, 2026, and will nominate him at upcoming annual shareholder meetings as long as the Liberty parties continue to own at least 5% of the company’s common shares and he meets governance requirements.
The Liberty and MHR parties agreed to vote their shares in favor of each other’s Board nominees and accepted restrictions on typical activist actions, including limits on increasing ownership above 17.5%, making unsolicited proposals, or launching proxy contests for a period tied to Mr. Mnuchin’s Board service. The agreement also includes transfer limits, derivative and hedging restrictions, pre-emptive and registration rights consistent with prior investor agreements, and certain most-favored-nations provisions that fall away once holdings drop below 20,000,000 common shares. The Board now has eleven directors and considers Mr. Mnuchin independent under NYSE rules.
Lionsgate Studios Corp. is scheduling its initial annual general and special meeting of shareholders for March 17, 2026 at its Canadian head office located at Dentons Canada LLP. This meeting will cover regular annual matters and any special items described in the upcoming proxy statement.
Shareholders who want their proposals included in the proxy statement under Rule 14a-8 must submit them by January 20, 2026. Shareholders wishing to nominate directors must meet the eligibility requirements in the Company’s articles and deliver notice to the secretary by February 13, 2026. Proposals and nomination notices may be sent to the Company’s secretary at the Vancouver registered office.
Lionsgate Studios Corp. insider Michael Burns, who serves as Vice Chair, reported a transaction in company stock. On December 23, 2025, he sold 21,748 common shares at a weighted average price of $9.01 per share. After this year-end tax planning transaction, he beneficially owns 3,061,213 shares.
This total includes restricted share units (RSUs) that convert into common shares as they vest. These RSUs cover 68,916 units vesting on July 3, 2026, 210,958 units vesting in two equal annual installments on July 1, 2026 and 2027, and 36,575 units vesting in three equal annual installments on July 1, 2026, 2027 and 2028. The filing notes the trades were made solely for year-end tax planning purposes and that the transaction prices ranged from $8.99 to $9.03 per share.
Lionsgate Studios Corp. director and chief executive officer Jon Feltheimer reported an insider share sale. On December 22, 2025, he sold 195,000 common shares of Lionsgate Studios Corp. (LION) at a weighted average price of $8.28 per share, with trades executed between $8.23 and $8.35. The company notes the transactions were carried out solely for year-end tax planning purposes.
Following these transactions, Feltheimer beneficially owns 3,471,012 shares of Lionsgate Studios common stock. This total includes restricted share units that convert into common shares upon vesting, such as 196,903 RSUs scheduled to vest on July 3, 2026, 351,597 RSUs vesting in two equal annual installments on July 1, 2026 and 2027, and 731,497 RSUs vesting in three equal annual installments on July 1, 2026, 2027 and 2028.
Lionsgate Studios Corp. Chief Operating Officer Brian Goldsmith reported year-end tax planning transactions involving the company’s common shares. On 12/18/2025, he executed transactions in 25,000 common shares at a weighted average price of $8.54, with individual trades ranging from $8.52 to $8.62.
Following these transactions, Goldsmith is reported to beneficially own 1,485,754 common shares, held directly. This amount includes restricted stock units (RSUs) that convert into an equal number of common shares upon vesting, including 68,916 RSUs scheduled to vest on July 3, 2026, 123,059 RSUs vesting in two equal annual installments on July 1, 2026 and 2027, and 256,024 RSUs vesting in three equal annual installments on July 1, 2026, 2027 and 2028.
Lionsgate Studios Corp. reported a new equity grant to a director. On 11/28/2025, the director acquired 6,702 common shares at $7.46 per share as part of director fees, bringing direct beneficial ownership to 131,536 common shares. On the same date, the director also received 20,107 restricted share units valued at $7.46 per share, each payable in one common share upon vesting.
The restricted share units are scheduled to vest in one remaining equal annual installment on November 28, 2026, which would then be delivered in common shares. The filing is made by a single reporting person in the capacity of director of Lionsgate Studios Corp.