Shares of Lionsgate surged 14% Tuesday on merger chatter, then fell after-hours as Netflix shot down speculation that it was eyeing the standalone studio.
“Netflix is not interested and is not pursuing Lionsgate,” a spokesperson for the giant streamer said bluntly.
Lionsgate Studios separated from Starz in May of 2025, positioning both companies as pure play acquisition targets. Lionsgate had long been considered a “free radical” (term coined by John Malone) in the entertainment space. With the split, it sought more optionality and a higher stock price.
The stock has performed. Lionsgate Studios shares, which were trading
Our editorial team includes several staff writers, each contributing their specialized knowledge to enhance the depth and breadth of our event and story coverage.