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Monday, 07/29/2024 9:58:40 AM

Monday, July 29, 2024 9:58:40 AM

Post# of 61456
Lets examine the $SAPX and LionsGate opportunities that are pending.

https://deadline.com/2024/05/lionsgate-may-make-lower-budget-movies-just-for-starz-1235929066/

Lionsgate Studios May Make Lower-Budget Movies Just For Starz As Company Moves Ahead With Split

Lionsgate is thinking about making “lower-budget” movies for Starz as the TV streaming and linear network is set to split with Lionsgate Studios by the end of the year.

I wouldn’t be surprised if we also made some lower budget movies specifically for Starz,” said CEO Jon Feltheimer on a post-earnings call. “And we’re talking about that and thinking about the calculus for how that works.”

Talking about Lionsgate theatrical output – from big swings to the many smaller films on its slate that he said generate 90% returns, Feltheimer noted that “at the end of the day, we take all that product, all that product, and all that huge investment, and it goes all into the library. And the new stuff drives the old stuff” in a virtuous circle.
Bullish
Bullish