Brent Lang Entertainment film reports Brent Lang

Starz Subscriber Growth Lifts Lionsgate Earnings

Reading now: 916
variety.com

Brent Lang Executive Editor of Film and MediaRobust subscriber growth at Starz lifted Lionsgate’s earnings at a time when movie theaters are still struggling to reemerge from their COVID-era closures and the entertainment landscape is shifting rapidly.

The better-than-expected results come as Lionsgate is seen as a potential acquisition target for tech giants and media conglomerates looking to get bigger.

AT&T’s decision to spin off WarnerMedia and combine it with Discovery, as well as Amazon’s $8.45 billion purchase of Metro-Goldwyn-Mayer are expected to spark a new wave of mega-deals, which could enrich Lionsgate shareholders.

Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA