Business
Lions Gate Entertainment Corp. Separates its Studio and STARZ Businesses into Two Independent, Publicly-Traded Companies
Lions Gate Entertainment Corp. has completed the full separation of its Studio and STARZ businesses into two standalone, publicly-traded companies. Lionsgate will begin trading on the New York Stock Exchange today under the ticker symbol LION. The separation was approved by an overwhelming majority of shareholders at a special shareholder meeting on April 23rd, with over 99% of both classes of shareholders who voted approving the separation. As part of the separation, the former dual share struc
About this update from Lionsgate Studios Corp
[{"type":"text","content":"Separation Creates One of the World's Leading Independent Pure Play Content Companies","length":89,"tagName":"p","attribs":{}},{"type":"text","content":"Lionsgate To Begin Trading Under the Ticker Symbol LION on the NYSE","length":67,"tagName":"p","attribs":{}},{"type":"text","content":"Dual Share Structure Has Been Collapsed into Single Class of Stock","length":66,"tagName":"p","attribs":{}},{"type":"text","content":"SANTA MONICA, Calif., and VANCOUVER, BC, May 7, 2025 /PRNewswire/ -- Lions Gate Entertainment Corp. has completed the full separation of its Studio and STARZ businesses into two standalone, publicly-traded companies. Lionsgate will begin trading on the New York Stock Exchange today under the ticker symbol LION. The separation was approved by an overwhelming majority of shareholders at a special shareholder meeting on April 23rd, with over 99% of both classes of shareholders who voted approving the separation. As part of the separation, the former dual share structure has been collapsed into a single class of stock.","length":640,"tagName":"p"},{"type":"image","alt":"Courtesy of Lionsgate. (PRNewsFoto/Lionsgate) (PRNewsfoto/Lionsgate)","displaySize":"","headline":null,"caption":"Courtesy of Lionsgate. (PRNewsFoto/Lionsgate) (PRNewsfoto/Lionsgate)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":51,"url":"https://media.zenfs.com/en/prnewswire.com/9a670378d256ce02b5eb06fa528682e1"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/T4fsGql8LOwlSAK6FSCxAA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTkwO2NmPXdlYnA-/https://media.zenfs.com/en/prnewswire.com/9a670378d256ce02b5eb06fa528682e1","width":400,"height":51}},"href":"https://mma.prnewswire.com/media/2681178/Lionsgate_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"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...