Netflix targets Lionsgate following Roku deal loss

Netflix is reportedly interested in acquiring Lionsgate, the studio behind the “John Wick” and “Hunger Games” franchises, amid increased market activity for large deals. Although Lionsgate has not formally announced an offer, its shares rose by nearly 11% following the report. Netflix’s interest marks a strategic shift toward pursuing major acquisitions despite previous reluctance, with the company competing with Fox Corp. and others in the streaming industry.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article