Legendary Entertainment is reportedly exploring a potential acquisition of Lionsgate Studios, according to news on July 14, 2025. This development comes shortly after Lionsgate's separation from STARZ, positioning the studio as a prime candidate for mergers and acquisitions.
Sources indicate that discussions are in early stages, with conversations also revolving around potential feature co-productions as a preliminary step. Legendary's CEO, Josh Grode, has previously stated plans to utilize funds from Apollo, which invested $760 million in Legendary in 2022, for entertainment industry takeovers in the billions of dollars range.
Lionsgate Studios, now operating independently, holds a valuable library of over 20,000 titles and franchises such as 'John Wick' and 'The Hunger Games'. A potential merger with Legendary, known for co-financing major franchises like 'Dune' and the 'Monsterverse', could create a formidable content powerhouse.
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