Lions Gate Entertainment Corp., which runs the film studio that produced The Hunger Games and The Twilight Saga, is back in talks to merge with cable movie channel Starz.
“Lions Gate has informed (Starz) that it intends to explore whether there is a potential mutually beneficial combination of the two companies,” Starz said in a filing Thursday with the Securities and Exchange Commission. “There can be no assurance that there is or will be any such combination.”
The companies have been in talks for months. In February, 2015, Lionsgate, as the company is widely known, announced a stock swap with Starz.
The deal also led to Starz’ top shareholder, Liberty Media Chairman and cable industry legend John Malone, gaining a seat on Lionsgate’s board of directors. And Malone, whose penchant for consolidation through deals is legendary in the media business, has been open about his desire to merge the companies. Last June, Malone told The Wall Street Journal that a merger of Lionsgate and Starz was possible.
Full content: The Wall Street Journal
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FCC Set to Reinstate Net Neutrality Rules Today
Apr 25, 2024 by
CPI
Chamber of Commerce Sues to Overturn FTC Non-Compete Ban
Apr 24, 2024 by
CPI
FTC Chief Warns of Healthcare Price Fixing Risks Amid Tech Advancements
Apr 24, 2024 by
CPI
Amazon’s Investment in Anthropic Faces Antitrust Scrutiny
Apr 24, 2024 by
CPI
Italian Antitrust Authority Fines Amazon €10 Million for Unfair Trade Practices
Apr 24, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI