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Lions Gate shareholders approve split of studio and Starz business, source says

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Shareholders of Lions Gate Entertainment , the studio behind the "John Wick" movie franchise, have approved a plan to split its film and TV studio from the Starz business, a person familiar with the matter told Reuters on Wednesday.
On April 23, 2025, shareholders of Lions Gate Entertainment approved the separation of its studio business from its Starz network, according to a source familiar with the matter. This decision paves the way for the creation of two independent, publicly traded companies, with the studio business focusing on film and television production, and Starz continuing as a premium subscription video service. The split, which has been in discussion for some time, aims to allow each entity to pursue more targeted growth strategies and potentially enhance shareholder value. The formal announcement of the separation is expected soon, following the finalization of the necessary corporate and regulatory steps.

Read the Full Reuters Article at:
[ https://www.reuters.com/sustainability/sustainable-finance-reporting/lions-gate-shareholders-approve-split-studio-starz-business-source-says-2025-04-23/ ]