Lions Gate Is in Talks With Investors for Starz Expansion
- Studio seeks funding for multiyear rollout of video service
- Discussions don’t involve selling stake at parent level
A Lionsgate presentation during CinemaCon at The Colosseum at Caesars Palace on April 04.
Photographer: Gabe Ginsberg/WireImage via Getty Images
Lions Gate Entertainment Corp., the studio behind “John Wick” and the “Hunger Games” movies, is in talks with potential partners to fund its international expansion, people familiar with the matter said.
The Santa Monica, California-based company has been speaking to financial and strategic investors about financing the rollout of its Starz network in overseas markets, according to one of the people. A deal could involve raising several hundred million dollars for a multiyear rollout of the subscription video service into more countries, the person said, asking not to be identified as the details aren’t public.