Lionsgate Closes Acquisition of Global Content Platform eOne
Summary
Transaction Adds 6,500 Titles to Lionsgates Library, Strengthens its Scripted and Unscripted Television Business and Expands its Canadian and UK Presence SANTA MONICA, Calif. and VANCOUVER, BC, Dec. 27, 2023 /PRNewswire/ -- Lionsgate (NYSE: LGF.A, LGF.B) today announced that it has closed its acquisition of the global entertainment platform eOne from Hasbro. The acquisition adds 6,500 film and television titles to Lionsgates library, one of the largest and most valuable in the world, diversifies and strengthens its scripted and unscripted television businesses, extends its portfolio of brands and franchises and expands its presence in Canada and the UK. "As weve conducted our integration planning, our analysis has reaffirmed our conviction that eOne will be a valuable and highly accretive addition to our business. Lionsgate (NYSE: LGF.A, LGF.B) encompasses world-class motion picture and television studio operations aligned with the STARZ premium subscription platform to bring a unique and varied portfolio of entertainment to consumers around the world. A digital age company driven by its entrepreneurial culture and commitment to innovation, the Lionsgate brand is synonymous with bold, original, relatable entertainment for audiences worldwide.