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Legendary Pictures, the film studio (partially) behind Pacific Rim, Dune, and Godzilla's MonsterVerse, is reportedly looking to acquire Lionsgate, which is primarily known for John Wick, The Hunger Games, Saw, and Twilight.
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Lionsgate recently split from Starz, and now that it's flying solo, the studio is said to be primed for merger & acquisition.
Bloomberg reports that Legendary and Lionsgate may first work together as co-financiers on a few pics before deciding on whether to go through with a merger. On the news of a potential acquisition, Lionsgate shares rose over 20% at the close of business on Friday.
Industry experts see the merger as a smart move for both companies. Legendary brings strong financial strategy and production experience, while Lionsgate offers a massive, content-rich library of more than 20,000 titles.
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By acquiring Lionsgate, Legendary gains access to several well-known properties and IPs.
These include the cult-favorite Leprechaun horror series, A Kid in King Arthur’s Court, Eve’s Bayou, Belly, and the iconic Blair Witch Project. They also acquire access to popular TV hits like Yellowjackets, and even franchise potential in brands like the Monopoly board game.
However, the merger isn’t without complications. A major challenge is that Lionsgate only holds domestic rights to many of its most valuable franchises.
[...]
[...]
Lionsgate recently split from Starz, and now that it's flying solo, the studio is said to be primed for merger & acquisition.
Bloomberg reports that Legendary and Lionsgate may first work together as co-financiers on a few pics before deciding on whether to go through with a merger. On the news of a potential acquisition, Lionsgate shares rose over 20% at the close of business on Friday.
Industry experts see the merger as a smart move for both companies. Legendary brings strong financial strategy and production experience, while Lionsgate offers a massive, content-rich library of more than 20,000 titles.
[...]
By acquiring Lionsgate, Legendary gains access to several well-known properties and IPs.
These include the cult-favorite Leprechaun horror series, A Kid in King Arthur’s Court, Eve’s Bayou, Belly, and the iconic Blair Witch Project. They also acquire access to popular TV hits like Yellowjackets, and even franchise potential in brands like the Monopoly board game.
However, the merger isn’t without complications. A major challenge is that Lionsgate only holds domestic rights to many of its most valuable franchises.
[...]
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