Lionsgate Studios Spinoff Plan Set: Deal Values Business at $4.6 Billion and Will Raise $350 Million

Lionsgate unveiled details of the long-awaited separation of its studios business and the Starz TV and streaming division. The company announced Friday that its studio business, comprising its TV and film segments and a content library with 18,000-plus titles, will spin off in a merger with Screaming Eagle Acquisition Corp., a special-purpose acquisition company. The […]
Variety