Overview

• Blumhouse CEO Jason Blum hailed the acquisition of a 50% stake from producers Oren Koules and Mark Burg as a strategic investment in the horror property.
• Under the closed deal, Lionsgate retains half-ownership and all U.S. distribution rights while Blumhouse takes charge of international releases for upcoming films.
• Content Partners also acquired a stake in the Saw film library, joining Mark Burg’s remaining share and keeping Lionsgate involved in library distribution.
• The shift returns creative control to original Saw director James Wan through his Atomic Monster banner after its merger with Blumhouse.
• Sellers cited the recent passing of Lionsgate executive Jason Constantine and a desire to pursue new storytelling directions as motivations for their exit.