Lionsgate to acquire Hasbro’s eOne for $500 million
Lionsgate says it has entered into an agreement to acquire toy company Hasbro’s studio division eOne for $500 million.
Lionsgate says it has entered into an agreement to acquire toy company Hasbro’s studio division eOne for $500 million.
Lionsgate has offered more information about its plans to separate its production company from its multiplex movie network and streaming service Starz.
The service will cost $10 a month starting this summer, but streamers can score a long-term deal on a subscription.
A former Paramount Global executive offered to buy Showtime from the company for more than $3 billion earlier this year.
Amazon is offering Prime members a deep discount on subscriptions to premium movie networks Showtime and Starz.
Lionsgate is in the initial stages of spinning off its premium movie service Starz, the company’s CEO affirmed on Friday.
Roku and a private equity firm are exploring a minority investment in Starz, with media experts suggesting it could be a preliminary step before a full-on acquisition.
Roku has landed the exclusive rights to stream films and TV shows from Lionsgate as part of a new deal announced on Tuesday.
Starz is offering a deep discount on its Internet-based streaming television service.
Disney will pay $10 million to Lionsgate in order to use the Star Plus brand for its streaming service in Brazil.