Overview

• Legendary Entertainment has entered early-stage talks to acquire Lionsgate Studios, with both companies declining to comment.
• Investment bank Moelis & Company is guiding negotiations on the potential transaction.
• Studio executives are negotiating feature co-productions to assess integration feasibility ahead of any deal.
• Lionsgate Studios’ shares surged about 20 percent, valuing the standalone entity at roughly $2 billion.
• Lionsgate Studios became a standalone public company following its May 7 spin-off from Starz and merger with SPAC Screaming Eagle Acquisition Corp.