Why Lionsgate’s Studio Is Splitting Up With Starz: CEO Pitches the Plan to Investors

Lionsgate CEO Jon Feltheimer says spinning off his Hollywood film and TV studio business from Starz via a Special Purpose Acquisition Company (SPAC) deal offers the best flexibility available before completing a planned and long-awaited full separation.   “We believe this transaction sets a valuation for the studio and increases our strategic optionality as we […]