Lionsgate Finalizes Separation of Studio and STARZ
Deal News | May 07, 2025 | Wachtell, Lipton, Rosen & Katz
Lions Gate Entertainment Corp. announced its successful completion of the strategic separation of its Studio and STARZ businesses into two independently operated and publicly-traded entities. The separation, effective as of May 7, 2025, is designed to allow each company to sharpen its focus on core operations, optimize strategic growth, and enhance valuation. Wachtell, Lipton, Rosen & Katz served as the legal advisor for this pivotal transaction, which is expected to unlock significant shareholder value and provide each entity with the autonomy needed to pursue growth strategies that best align with their specific industry dynamics.
Sectors
- Entertainment
- Corporate Finance
- Public Markets
Geography
- USA – Lionsgate and its STARZ network are based in the United States, making this region central to the transaction and its implications.
Industry
- Entertainment – The separation involves Lionsgate, a prominent entertainment company, reflecting significant corporate restructuring within the media and content production sectors.
- Corporate Finance – The corporate separation required substantial legal and financial advisory services, highlighting the strategic financial decision-making within the firm.
- Public Markets – The transaction results in two new publicly-traded entities, indicating activity within the equity markets as part of the restructuring.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Lions Gate Entertainment Corp. | Target Company | Company | A leading entertainment company involved in film and television production and distribution. |
| Wachtell, Lipton, Rosen & Katz | Legal Advisor | Company | Law firm serving as the legal advisor for the separation of Lionsgate's Studio and STARZ businesses. |