Lionsgate Moves Forward With Studio and Starz Split Following SEC Filing

The separation will create two publicly traded companies, Lionsgate Studios Corp. and Starz Entertainment Corp., pending shareholder approval.

Lionsgate has filed a Form S-4 registration statement with the SEC, a key step toward separating its studio operations from Starz.
The split will result in two distinct companies: Lionsgate Studios Corp., focusing on film and TV production, and Starz Entertainment Corp., centered on pay TV and streaming services.
Shareholders of the current Lionsgate company will hold stakes in both new entities after the separation is finalized.
A 15-to-1 reverse stock split is planned for Starz Entertainment, consolidating shares and increasing the share price.
The move aims to allow each company to focus on its core business strategies and better position itself for potential acquisitions or investments.