Lions Gate soars as studio’s Starz network settles Comcast fight [Business News Network (BNN) Energy & Resources (Canada)]
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
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Source: Business News Network
Lions Gate soars as studio’s Starz network settles Comcast fight Lions Gate Entertainment Corp. rose to its highest price in more than three months after the company reached a long-term agreement to keep its Starz pay-TV service airing on Comcast Corp.’s cable systems. Comcast had threatened to stop carrying Lions Gate’s Starz and Encore networks on its main bundle of channels. The deal provides for an “orderly transition to an a la carte business” for Starz, according to a statement Monday, but also creates new programming opportunities for both companies. The accord removes a major worry for investors in Lions Gate, which bought Starz in 2016 in a deal valued at $4.4 billion. With consumers now favoring streaming services, cable operators like Comcast have grown eager to control costs by getting more selective in the networks they carry. Shares of Lions Gate rose to their highest since September, climbing as much as 9.1% intraday in New York. They were down 38% this year before Mond
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News
- Lionsgate and Stern Pinball’s New John Wick Pinball Games Ready to Infiltrate Homes and Arcades WorldwideBusiness Wire
- LIONSGATE ANNOUNCES EXCHANGE AGREEMENT FOR APPROXIMATELY $383 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF 5.500% SENIOR NOTES DUE 2029 [Yahoo! Finance]Yahoo! Finance
- LIONSGATE ANNOUNCES EXCHANGE AGREEMENT FOR APPROXIMATELY $383 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF 5.500% SENIOR NOTES DUE 2029PR Newswire
- Should Value Investors Buy Lions Gate Entertainment (LGF.A) Stock? [Yahoo! Finance]Yahoo! Finance
- Fast-paced Momentum Stock Lions Gate (LGF.A) Is Still Trading at a Bargain [Yahoo! Finance]Yahoo! Finance
LGF.A
Earnings
- 2/8/24 - Beat
LGF.A
Sec Filings
- 5/6/24 - Form SC
- 5/3/24 - Form 8-K
- 4/12/24 - Form DEFA14A
- LGF.A's page on the SEC website