Lions Gate Shareholders Approve Breakup Into Two Companies

Shareholders of Lions Gate Entertainment Corp., the company behind The Hunger Games and John Wick movies, approved a plan to fully separate the film and TV studio from the Starz pay-TV service, according to a person with knowledge of the matter.

Shares of Lionsgate Studios Corp., the film and TV production arm, will be distributed to investors at a later date, according to the person, who asked not to be identified since the vote hasn’t been announced.