How it started
Background
Following the completion of acquisition of Entertainment One from toy company Hasbro on December 27, 2023, Lionsgate revealed its intention to split its film and television assets into its own company, whose Studios division would merge with a special-purpose acquisition company named Screaming Eagle Corporation to form a separate publicly traded company called Lionsgate Studios Corporation. The deal was closed on May 7, 2024, with the transaction setting a $4.6-billion value on Lionsgate Studios.
The company launched a week later on May 14, and began trading on Nasdaq via the stock symbol LION. Lionsgate remained its controlling shareholder, owning around 87% of it following the split. In January 2025, the studio announced its full separation from Starz, which had been severed the previous year.
In July 2025, Legendary Entertainment was reported to be overseeing a deal to acquire Lionsgate Studios, but this did not happen.
On August 1, 2025, Lionsgate launched a new over-the-air television version of MovieSphere called "MovieSphere Gold".
On December 24, 2025, TheWrap mentioned Lionsgate Studios (as well as NBCUniversal) as part of the merge with Paramount Skydance, if their bid to acquire Warner Bros. Discovery ends up failing. This did not happen, however, as Lionsgate Studios (along with the former namesake Starz Entertainment, which also offered to buy WBD) dropped out of the bid, once Paramount Skydance went ahead with their definitive agreement to buy the entirety of WBD on February 27, 2026.
From Wikipedia’s article on Lionsgate Studios, shared under CC BY-SA 4.0.2