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0 -0.00149402390438253 -0.00132968127490048 -0.00249003984063749 -0.00547808764940236 -0.00199203187250992 -0.00747011952191246 -0.0114541832669323
Stock impact report

Reese Witherspoon may add dealmaker to her CV [Reuters]

Lions Gate Entertainment Corporation Class A Voting Shares (LGF.A) 
Last lions gate entertainment corporation class a voting shares earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Reuters
Reese Witherspoon arrives to the Oscars red carpet for the 93rd Academy Awards in Los Angeles, April 25, 2021. Chris Pizzello/Pool via REUTERS NEW YORK (Reuters Breakingviews) - Hollywood star Reese Witherspoon may soon be trying on a new hat. She is exploring a sale here of Hello Sunshine, the media company that she founded and which produces TV series “The Morning Show,” according to the Wall Street Journal. Apple is circling and the price tag could reach $1 billion, the newspaper reported, even though the financial plan is to be profitable for the first time here this year. The “Legally Blond” actor is smart for wanting to cash in on the content bubble. Take Amazon.com, which just bought MGM movie studio for $8.5 billion, representing some 28 times adjusted EBITDA last year. While that's nearly twice as much as rival studio Lions Gate Entertainment is worth, Amazon only has half the rights to the marquee James Bond franchise and doesn't fully own other older film titles either Show less Read more
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