The content studio's business model is changing quickly in a very specific direction.
News & Analysis: Lions Gate Entertainment Corporation Class B
The TV and cinema content creator crushed Wall Street's expectations in the second quarter.
LGF-A, LGF-B earnings call for the period ending September 30, 2019.
Seasonal effects and heavy investment in expanding the company's streaming-video services led to deeper losses in the first quarter.
The content studio's management also laid out its international expansion plans in greater detail, undermining rumors that the Starz network might be up for sale.
Find out what made these stocks miss out on the market's bounce.
An attractive entertainment is apparently still on the block, plus two retailers report quarterly earnings.
The cable and streaming unit is sparking interest from potential suitors.
Despite pressure on the overall market, merger and acquisition activity and favorable analyst views lifted these stocks.
Rumor has it that a major media company might want to buy the Starz property for a cool $5 billion -- and that Lions Gate turned the offer down in search of more money.