NATPE Global announced some new US entertainment and television giants confirmed as exhibitors for its upcoming event, including Fox Entertainment Global, Lionsgate and Paramount Global.
Lionsgate reported results for its first quarter fiscal 2024, and revealed that its brand Starz made a strategic decision to exit Latin America by December 31 and focus its operations on the United States, UK and Canada.
Hasbro announced that it has reached a definitive agreement to sell its Entertainment One film and TV business to Lionsgate for approximately US$500 million.
The terms of the split were noted in a public Form 10 filed by the company, referring to the two divisions as “New Lionsgate” and “New Starz," one For Film And TV Production, and one focusing on Starz.
Lionsgate announced it has merged its production and acquisitions groups under a single content banner. The new division will be led by Nathan Kahane, President of Motion Picture Group.