However, the unexpected roadblocks the AT&T-Time Warner deal has run into with the Department of Justice could be an issue here as well. “There’s no way that you can outdo these companies, because they have capital resources that you don’t have — and you won’t have unless you bulk up.”, Lionsgate is also feeling a time crunch to find a buyer because of increasing interest rates, Vogel said.
But the $100-million film, released in November, grossed a paltry $84.8 million globally. Trump stages drive-by for supporters after doctors disclose more serious symptoms. Armstrong was the lowest-rated of all the execs. Fired Warner Bros. marketing executive sues studio over discrimination, ‘boys club’ culture. We trace the path, Debate commission to make changes after chaotic night. Shares of the studio jumped 6.75 percent to $34.46 on Wednesday, following a Deadline report it has several potential suitors, including Amazon, Verizon, and a combined CBS-Viacom. Doctors treating Trump’s COVID-19 say his oxygen levels fluctuated and that they’ve prescribed dexamethasone, a steroid, amid signs of lung damage. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. It dominated the cloud market. As such, one Amazon M&A rumor that has been getting a lot attention from the market is the idea that the company might buy content platform Lions Gate (NYSE:LGF).
The more hands-on approach irked Albrecht, who built HBO’s original content strategy and shepherded Starz shows including “Outlander” and “Power.” Albrecht declined to comment. “That’s a longer lead time for development, but it can reap huge rewards,” said Jon Erwin, who is co-directing “I Still Believe” for Lionsgate. Beefing up its content slate would give its customers another reason to sign up for Prime — and keep them spending in the Amazon ecosystem.
Feb. 8, 6 p.m. Variety and the Flying V logos are trademarks of Variety Media, LLC. Burns told CNBC in January that Lionsgate was a “pint-sized bite for some of these giant market cap companies” and therefore would “talk to anybody at any time” about a merger, while Feltheimer mused to Wall Street analysts in February that the media company could be “prey or predator” when it came to playing Let’s Make a Deal. Sitemap |
Viewer demand for TV shows with diverse casts outstrips supply, report says. You may occasionally receive promotional content from the Los Angeles Times. Former WME partner and talent agent Phillip Sun recently launched his own management firm M88, with plans to push for more inclusive storytelling in Holllywood.
Last August, the digital media company named former Cox Enterprises exec Jared Rowe to replace David Krantz as CEO.
James Bond film ‘No Time to Die’ delayed until April. It dominated the smart home market. If Amazon does end up pulling the trigger, this stock could explode higher. Marvin Edwards Jr., CommScope -- 79.5/100. Movie theaters ‘at a crisis point’ as Regal shutdown dampens recovery hopes. “They don’t have any homerun IP to run with,” Cowen & Co. media analyst Doug Creutz said of Lionsgate. Also Read: AOL’s Tim Armstrong Named Least Likable CEO in Media and Entertainment.
Cinema stocks were hammered after Regal owner Cineworld said it would re-close its locations this week. Source: Lionsgate Television/Showtime Networks/CBS Studios International. These rumors have been around for a while. Founded in 1997 in Vancouver, Canada, the company became known early on for edgy indie and horror films such as “American Psycho” and “Saw.” Lionsgate grew its firepower and boosted its stock price through acquisitions, catapulting itself into the big leagues with its 2012 purchase of “Twilight Saga” studio Summit Entertainment and the release of the first “Hunger Games.” The four-movie apocalyptic “Hunger Games” series grossed $2.97 billion. On the big-screen movies front, Lionsgate holds its own against other large studios.
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