Lions Gate Entertainment Corporation Class B Non-Voting Shares (LGF.B) News
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LGF.B News Highlights
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- Over the past 13 days, the trend for LGF.B's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- The most mentioned tickers in articles about LGF.B are DVD, APO and ROAD.
Latest LGF.B News From Around the Web
Below are the latest news stories about Lions Gate Entertainment Corp that investors may wish to consider to help them evaluate LGF.B as an investment opportunity.
LGF.A earnings call for the period ending March 31, 2021.
M&A activity is heating up in the entertainment space, and these seven media stocks could be some of the next to do a deal.
Some investors might remember the DVD rental kiosk business Redbox as the unit of a publicly traded company during its successful early days. The company is coming back to the public markets in a SPAC merger. The SPAC Deal: Redbox is going public in a merger with Seaport Global Acquisition Corp (NASDAQ: SGAM ) valuing the company at $693 million. A PIPE of $50 million includes investments by media companies Screenvision, Thunder Road, Legendary Entertainment and Lions Gate Entertainment (NYSE: LGFA ) (NYSE: LGFB ). Apollo Global Management (NYSE: APO ) will remain the majority owner of Redbox. Current Seaport Global Acquisition shareholders will own 25.8% of the new company. About Redbox: With more than 40,000 kiosks and 150 retail partners, Redbox is the largest DVD rental kiosk compan...
After almost a year of uncertain times due to the COVID-19 crisis, "Spiral: From The Book Of Saw" is the first major movie to kick off the summer blockbuster season. What Happened: "Spiral: From The Book Of Saw ," a Lions Gate Entertainment Corp (NYSE: LGFA ) and Twisted Pictures movie, is expected to make close to $15 million in U.S. ticket sales this weekend. According to the research from Boxoffice Pro, the movie is expected to boost the overall box office, making it one of its strongest weekends in 2021. Starring Chris Rock and Samuel L. Jackson, the "Saw" movie franchise has made a comeback after being away for four years … Full story available on Benzinga.com
Netflix Inc (NASDAQ: NFLX ) has reportedly agreed to a deal worth $450 million to create two sequels to the popular 2019 film, “Knives Out.” What Happened: “Knives Out” was directed on a relatively modest $40 million and starred Daniel Craig as detective Benoit Blanc, with an all-star supporting cast including Chris Evans, Jamie Lee Curtis, Don Johnson, Christopher Plummer and Toni Collette. The film grossed $311.4 million and earned an Academy Award nomination for its screenplay. “Knives Out” was produced by MRC Entertainment and distributed by Lions Gate Entertainment Corp. (NYSE: LGF ). According to a report in the entertainment trade … Full story available on Benzinga.com
The now cliché expression “when one door closes, another opens” is attributed to Alexander Graham Bell, but this 19th century observation had uncommon resonance over the last 12 months in the entertainment industry. The door that closed — actually, thousands of doors — belonged to film exhibitors that were forced to close their theaters at the start of the COVID-19 pandemic and could only reopen months later with severe new capacity restrictions. Not surprisingly, this slammed door wreaked havoc on the film world. The Motion Picture Association said this week that global box office revenues plummeted to $12 billion in 2020, a significant tumble from the record $42.3 billion generated in 2019. As for the corresponding door that opened, that belonged to the streaming industry. The MPA als...
The entertainment stock has lost more than a third of its value year to date due to coronavirus-related headwinds.