Legendary Considers Acquiring Lionsgate Studios

Legendary Entertainment is in early talks to acquire Lionsgate Studios, which recently spun off from Starz, with potential collaborations on co-productions serving as a test for a possible merger. Lionsgate's shares surged following the news, and the deal could be part of Legendary's broader strategy to expand through industry acquisitions, supported by private equity investments. Both companies are major players in film and TV content, and the industry is seeing increased M&A activity.