Particle.news

Download on the App Store

Lionsgate and Starz Complete Separation into Independent Public Companies

The two entities now trade separately on NYSE and Nasdaq, marking a strategic shift to unlock value and pursue distinct growth paths.

Image

Overview

  • Lionsgate Studios and Starz have officially split into two standalone, publicly traded companies as of May 7, 2025.
  • Lionsgate trades on the New York Stock Exchange under the ticker symbol 'LION,' while Starz trades on Nasdaq as 'STRZ.'
  • The separation, approved by over 99% of shareholders on April 23, aims to create focused pure-play entities aligned with their respective strategic priorities.
  • Starz enters this phase with 20 million U.S. and Canadian subscribers, 70% of its revenue coming from digital platforms, and plans to grow through bundling and content ownership strategies.
  • Lionsgate Studios will continue producing 30-40 films annually and over 100 television shows, leveraging its 20,000-title library and talent management assets.