Lions Gate Deepens Malone Ties With Discovery, Liberty Deal

Updated on
  • Each company acquires 3.4% stake in film, television studio
  • Both obtain seats on board with $390 million investment

Lions Gate Entertainment Corp., the producer of “The Hunger Games” films, is deepening its ties to cable billionaire John Malone as two companies he partly owns take a combined 6.8 percent stake in the movie and TV studio and gain seats on the board.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.