Lionsgate’s TV production revenues fall by 59% as US strikes impact studio

Lionsgate has felt the impact of the US strikes in its Q3 results, with television production revenues falling by more than half compared with last year. The results, which come ahead of Lionsgate’s planned split with Starz into two entities, saw its revenue from producing TV shows falling 59% from $605m to $285m, while profits […]

Lionsgate reveals new unscripted unit following eOne deal

Lionsgate is creating a new unscripted division that will house Pilgrim Media Group and the factual units from recently acquired Entertainment One. Pilgrim CEO Craig Piligian will serve as managing director of Lionsgate Alternative Television, which will harness significant factual firepower with the addition of eOne’s US and UK non-scripted studios, Blackfin, Renegade and Daisybeck. […]

Lionsgate strikes SPAC deal with Screaming Eagle to split studio business from Starz

Lionsgate is splitting its TV & film studio business from Starz in a move that values the production and distribution division at $4.5bn. Screaming Eagle Acquisition Corp, a special purpose-acquisition company (SPAC) led by financier Eli Baker, will become home to the Selling Sunset, Hunger Games and John Wick division that claims around 18,000 titles. […]

Lionsgate closes $375m acquisition of ‘Peppa Pig’ & ‘Yellowjackets’ firm eOne

Lionsgate has completed its acquisition of production-distribution group Entertainment One (eOne) for $375m, also assuming the company’s production financing loans. The deal with former owner, toy giant Hasbro, struck in August, sees US studio Lionsgate take control of a 6,500-hour content library, including shows such as Grey’s Anatomy, Criminal Minds and Designated Survivor, as well […]

The CW lands ABC sitcom ‘The Conners’ in unusual US distribution set-up

The CW has picked up ABC sitcom The Conners in a deal that will see the show airing on both networks at the same time. The agreement will see the Nexstar-owned broadcaster gaining rights to five seasons of the show, with episodes from the first season – which first debuted on ABC in 2018 – […]

Starz to end crime drama ‘Hightown’ after third and final season

Starz is bringing the curtain down on crime drama Hightown, with a third and final season set to debut early next year. The show was created and executive produced by Rebecca Cutter (Gotham), with Jerry Bruckheimer Television producing with Lionsgate TV. Its third and final season will debut 26 January via the Starz app, before […]

eOne cuts workforce again ahead of Lionsgate’s $500m acquisition

Entertainment One (eOne)’s workforce is being cut again, ahead of the completion of its $500m acquisition by Lionsgate expected later this month. US reports have differed on the total number of lay-offs, with some claiming that up to 10% of staff will be let go while others suggest it will only be a single-digit percentage. […]

Lionsgate ups Kate Nexon to president of domestic TV & digital distribution

Lionsgate has promoted Kate Nexon to president of domestic TV and digital distribution. In her new role, Nexon will oversee North American sales, strategy and planning for the company’s first-run film and TV pipelines and library, including domestic licensing, revenue share and FAST channels. Nexon previously served as EVP of domestic TV and digital distribution […]

TBI Tech & Analysis: Tapping into TV & streaming’s key trends for 2024

As the industry reflects on the trials and tribulations of 2023, Omdia analysts Rob Moyser and Matthew Evenson look at where the industry heading and pick out the key trends to watch across the next 12 months. Since 2019, the pay-TV and online video markets in Europe have experienced different fortunes. Minor increases in Eastern […]

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