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Lionsgate Studios Sale Buzz: Who Wants Hollywood’s Franchise Powerhouse?

Lionsgate Studios, the company behind John Wick, The Hunger Games, Twilight and thousands of other film and television titles, has reportedly attracted takeover interest from France’s Bolloré Group and television producer Banijay Group. Lionsgate is working with an investment bank to assess inbound approaches, although discussions may not result in a transaction and the studio could remain independent. The timing is notable: Lionsgate has separated from Starz, simplified its share structure and entered fiscal 2027 with stronger film, television and library momentum. Its recent results included a 12-year quarterly high in adjusted operating profit, while management expects branded or repeatable intellectual property to represent more than half of its film, television and live-entertainment slates over the next two to three years. For a potential buyer, Lionsgate offers recognizable franchises, recurring library income and a functioning production platform.