Legendary (Kong, Dune) Is Looking To Acqure Lionsgate Studios

Legendary is looking to make a big acquisition. According to sources, the studio is trying to acquire Lionsgate Studios. This follows up on the news that Lionsgate is splitting into two entities, Starz and Lionsgate Studios. They did this so that they could get acquired by one of the bigger studios. Now it looks like that’s going to be the case.

This is a developing story and we’ll keep you updated as we get more news.

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Source: Bloomberg