Netflix Denies Interest in Acquiring Lionsgate Amid Merger Speculation
By
Jill Goldsmith
Sesame, salt, and substance. A flagship bake.
Summary
Netflix has publicly denied interest in acquiring Lionsgate Studios, causing Lionsgate's stock to surge 14% on merger speculation before falling after-hours. Lionsgate recently separated from Starz in May 2025, positioning itself as a pure-play acquisition target. The denial comes amid heightened M&A activity in the entertainment industry.
Key quotes
· 3 pulledNetflix is not interested and is not pursuing Lionsgate.
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.
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