Lionsgate Studios Gains on Netflix Takeover Speculation (Update) (LION:NYSE)
Lionsgate shares rose 14% on takeover chatter before Netflix said it was not pursuing the studio, cooling the rally.
- Lionsgate Studios shares surged 14% on Tuesday amid speculation of a potential Netflix acquisition, though the stock backtracked 3.5% in late trading after the streamer dismissed the rumors.
- Since separating from Starz in May 2025 to become a pure-play acquisition target, Lionsgate has leveraged franchises like John Wick and the Michael biopic to build market value.
- The streamer officially confirmed it is not pursuing Lionsgate, maintaining a disciplined M&A approach that includes walking away from Warner Bros. Discovery and Roku.
- Investors remain wary of the company's shifting M&A strategy, evidenced by Netflix shares closing down 4% at about $79 on Wednesday.
- Although Netflix denied interest in Lionsgate or Imax, reports suggest the company could potentially explore opportunities with Sony Pictures, despite Sony Group's stated commitment to keeping the division.
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Exclusive: Netflix wades into the M&A game
The SceneIt failed in a bid for Warner Bros. Discovery. Then, it lost out to Fox in its pursuit of Roku, according to people involved in the sale process. Netflix is increasingly showing up in the marketplace for giant deals, marking a territory for the company that historically said it prefers to build, not buy its growth.It is one of a number of media companies interested in buying Lionsgate Studios, although Netflix — like everyone else — has…
Lionsgate Studios slips on report Netflix isn’t interested in buyout
Lionsgate shares dropped 5.6% premarket after Netflix denied takeover interest, cooling a rally that sent the stock up nearly 14% on Tuesday; Baird raised its price target to $20, citing strong quarterly results and a valuable film library, but risks remain if no buyer emerges and as the company warns of unpredictable film and TV performance. The post Lionsgate Studios slips on report Netflix isn’t interested in buyout appeared first on TechStoc…
According to a report by the Semafor website, the streaming giant, which lost the race to acquire Warner Bros., is exploring the possibility of merging Lionsgate Studios ("Michael," "The Housemaid," "Twilight," "The Hunger Games," and more)
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