Lions Gate Entertainment shares fall 2.34% premarket after shareholders approve studio and Starz split.
ByAinvest
Thursday, Apr 24, 2025 8:13 am ET1min read
LGF.B--
Lions Gate Entertainment Corp. fell 2.34% in premarket trading, with the company's shareholders approving a split of the studio and Starz businesses. This move aims to streamline operations and better position the company in a shifting media landscape, where customers are transitioning from cable TV to streaming services like Amazon Prime Video, YouTube, and Netflix.
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