Lionsgate Studios Corp. is a Canadian-American film and television production and distribution conglomerate, domiciled in Vancouver, British Columbia, and primarily based in Santa Monica, California.[1] It was formed on May 14, 2024, after Starz Entertainment, formerly known as Lionsgate, spun off its film and television businesses.[2]
Lionsgate Studios' portfolio includes Lionsgate Canada (formerly known as Entertainment One/eOne), 3 Arts Entertainment, Pilgrim Media Group, Lionsgate Films, Lionsgate Television, Lionsgate Alternative Television, Lionsgate Home Entertainment, a minority stake in 42, and a stake of joint venture Amblin Partners. Through Lionsgate Films, the company also releases films under the Summit Entertainment and eOne Films labels.
Background
Following the completion of acquisition of Entertainment One from toy company Hasbro on December 27, 2023, Lionsgate revealed its intention to split its film and television assets into its own company, whose Studios division would merge with a special-purpose acquisition company named Screaming Eagle Corporation to form a separate publicly traded company called Lionsgate Studios Corporation. The deal was closed on May 7, 2024, with the transaction setting a $4.6-billion value on Lionsgate Studios.
The company launched a week later on May 14, and began trading on Nasdaq via the stock symbol LION. Lionsgate remained its controlling shareholder, owning around 87% of it following the split. In January 2025, the studio announced its full separation from Starz,[3] which had been severed the previous year.
In July 2025, Legendary Entertainment was reported to be overseeing a deal to acquire Lionsgate Studios.[4]
On August 1, 2025, Lionsgate launched a new over-the-air television version of MovieSphere called "MovieSphere Gold".[5]
On December 24, 2025, TheWrap mentioned Lionsgate Studios (as well as NBCUniversal) as part of the merge with Paramount Skydance, if their bid to acquire Warner Bros. Discovery ends up failing.[6]
Films
Lionsgate Studios operates through its filming division, Lionsgate Films; which consists of its own in-house productions, as well as films under the Summit Entertainment label, and from its Lionsgate Canada subsidiary. The latter company, which was known as Entertainment One prior to its sale to Lionsgate, also houses the libraries of now-defunct production companies such as Koch Entertainment, Christal Films, Alliance Atlantis (from the merger of its former existence as Alliance Communications and Atlantis Communications), Salter Street Films, Cineplex Odeon Films and Phase 4 Films.
Lionsgate Studios' library features titles from various now-defunct studios, including: Trimark Pictures (acquired in 2000), Artisan Entertainment
Home entertainment
Lionsgate's films have been released on DVD, Blu-ray and Ultra HD Blu-ray, as well as on the PSP through Universal Media Disc.
Their releases are currently distributed by Sony Pictures Home Entertainment, who has released the company's content on home video since 2021, following the expiration of their deal with 20th Century Home Entertainment.
Early history
Audiovisual releases from or by Lions Gate were previously distributed by Universal Studios Home Video (now Universal Pictures Home Entertainment) and Columbia TriStar Home Video (now Sony Pictures Home Entertainment). Lions Gate Films would eventually create two home video labels: Avalanche Home Entertainment, which released smaller Canadian B-movies on video and DVD; and Sterling Home Entertainment (a joint venture with Scanbox International, a European/Nordic company), which released American low-budget movies on video and DVD in the late 1990s.
Television
Lionsgate Television is the television arm of Lionsgate and Lionsgate Studios established in July 1997 and has produced such series as Nashville, Anger Management, The Dead Zone, 5ive Days to Midnight, Weeds, Nurse Jackie, Boss and Mad Men.
Lionsgate later acquired television syndication firm Debmar-Mercury on July 12, 2006[23] with CBS Media Ventures, at the time known as CBS Television Distribution, handling ad-sales (with the exception of Tyler Perry's Meet the Browns, which was rather co-distributed by Turner Television/Warner Bros. Domestic Television Distribution and Disney–ABC Domestic Television rather handling its ad-sales).
In March 2013, Lionsgate signed with Mars One, a Dutch non-profit with space agency and aerospace backers intent on colonizing Mars, to produce a reality television show.[24]
On August 6, 2018, Lionsgate signed a first-look television development agreement with Universal Music Group.[25]
Studio complexes
Lionsgate Studios Yonkers
On September 5, 2019, Great Point Capital Management signed a deal with Lionsgate to build a new production facility in Yonkers, New York, with Lionsgate becoming a long-term anchor tenant and investor. As the anchor tenant, Lionsgate will have naming rights to the studio. Construction on the site will start in November, and the facility will be running in late Fall 2020. The $100 million complex will include three 20,000-square-feet and two 10,000-square-feet stages, a fully operational backlot and the opportunity to create a location-based entertainment property.
The studio, will be built next to the former Otis Elevator Company building in Getty Square and is expected to provide 420 new jobs in Yonkers, the developers said. They received numerous tax breaks and exemptions to build the project. National Resources will be an investment partner and project developer, responsible for all phases of design and construction of the studio complex.[27]
On April 8, 2020, it was announced that the developers locked down $60 million in financing while the rest of the $40 million in the second phase of the project will be anchored by entertainment firm Lionsgate.[28]
Lionsgate Newark studio
Under Liberty Strategic Capital ownership
In September 5, 2023, Liberty Strategic Capital, a private equity fund led by Steven Mnuchin, acquired a 5.5% stake in Lions Gate Entertainment (now Lionsgate Studios). This investment, totaling about $30.8 million, represented a significant investment for the company as it was preparing for the $500 million eOne acquisition and a planned split of its studio and streaming businesses.[32] In May 30, 2025, Liberty Strategic Capital increased the stake to 12.6%.[33]
See also
External links
- Official website
- Corporate website
References
- 10-Q U.S. Securities and Exchange Commission, retrieved September 22, 2024^
- Kayla Cobb. Lionsgate Studios Starts Trading on Nasdaq as Split From Starz Continues TheWrap, May 14, 2024, retrieved May 15, 2024^
- Jill Goldsmith. Lionsgate Nears Separation Of Studio And Starz