Legendary entertainment is eyeing a potential acquisition of Lionsgate Studios, The Wrap has learned.
Lionsgate, whose franchises include “The Hunger Games” and “John Wick,” split with Starz earlier this year.
A spokesperson for Lionsgate and Legendary declined to comment.
Lionsgate Studios, which encompasses its motion picture group and television studio segment, as well as the company’s more than 20,000-year film and television library, began trading last year on the NASDAQ under the symbol Lion.
Last year, the legendary film grossed over $20 billion at the global box office, marking its most profitable year to date. Together, “Dune: Part Two” and “Godzilla vs. Kong: The New Empire” earned over $1.28 billion at the global box office, with the latter becoming the highest-grossing film in the multi-billion-dollar franchise.
Bloomberg first reported the news.
More to come..