Fueling rumors that Lionsgate will merge with Starz, the Santa Monica, California, studio has sold 3.4 percent stakes to Silver Spring-based Discovery Communications and Liberty Global. Each company will purchase 5.0 million common shares for approximately $195 million.
Read the full story at Biz Journals, by Annlee Ellingson
READ MORE: Lionsgate
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Lionsgate (NYSE: LGF), the Canadian-American entertainment company, said today that its Board of Directors has increased the Company’s quarterly cash dividend from seven cents ($0.07) per common More…
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Broad Green Pictures has hired Marc Danon as President of acquisitions and co-productions. He moves over from Lionsgate Entertainment where he held the position of senior VP of acquisitions and business development More…
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Lionsgate Entertainment, which is headed by Mark Rachesky, is said to be close to closing a deal that could be worth as much as $1.5 billion with China’s Hunan TV and Broadcast Intermediary Co Ltd. Rachesky heads More…
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