Starz Entertainment Corp /Cn/ (NASDAQ: STRZ)

Lions Gate Entertainment Corp., often referred to as Lionsgate, is a prominent player in the motion picture and television studio industry. Its ticker symbols are LGF.A and LGF.B. As a global entertainment company, Lionsgate produces, acquires, and distributes a diverse range of films, television series, and other content.

The company's primary business activities encompass the production and distribution of motion pictures and television programming, as well as the management of a vast portfolio of film and television content. Lionsgate's main products are its films and television shows, which are disseminated through various platforms such as theatrical release, home entertainment, and television broadcast. The Motion Picture segment of the company includes revenues derived from theatrical releases, home entertainment, television, international, and other sources. In the fiscal year ending March 31, 2024, Lionsgate released 26 films theatrically in the United States, including "The Hunger Games: The Ballad of Songbirds & Snakes" and "Saw X".

Lionsgate's Television Production segment includes revenues derived from the development, production, and distribution of television programming. The company produces and distributes a wide range of television shows, including scripted and unscripted programming, and licenses its content to various networks and platforms.

The Media Networks segment includes revenues derived from the distribution of its premium subscription video services, including Starz and Lionsgate+. Starz Networks segment includes the domestic distribution of its Starz branded premium subscription video services through over-the-top (OTT) streaming platforms and distributors, as well as its LIONSGATE+ platform, which distributes the company's content outside of the United States.

Lionsgate competes with other major film and television studios including Warner Bros., Universal Pictures, and Disney, as well as other premium subscription video services like HBO and Showtime. The company's competitive advantages stem from its diverse portfolio of film and television content, strong relationships with talent and studios, and its ability to adapt to changing consumer preferences and technological advancements.

Lionsgate's commitment to diversity, equity, and inclusion, as well as its focus on corporate social responsibility and sustainability, demonstrate its dedication to being a responsible and sustainable business. The company's productions distribute documents electronically to minimize paper consumption and waste, and limit the use of single-use plastics. Lionsgate prioritizes vendors whose dedication to operating businesses in a responsible and sustainable manner directly aligns with its own.

The Media Networks segment is available outside the United States through STARZ in Canada, LIONSGATE PLAY in India, and through its STARZPLAY Arabia joint venture in the Middle East and North Africa. The company's international expansion has been driven by the growing demand for premium subscription video services globally.

In May 2024, Lionsgate consummated a business combination among New SEAC, Screaming Eagle Acquisition Corp., and LG Orion Holdings ULC, a wholly-owned subsidiary of the company, pursuant to a Business Combination Agreement, dated as of December 22, 2023. The business combination resulted in the creation of a new publicly traded company, Lionsgate Studios Corp., which is a separate and independent entity from the company.

Lionsgate's commitment to its employees is evident in its maintenance of various employee resource groups, including the Lionsgate Early Career Group, the Lionsgate Multicultural Employee Resource Group, the Lionsgate Parents Group, the Lionsgate Pride, the Lionsgate Vets, and the Lionsgate Women's Empowerment Group. These groups foster an inclusive culture and advance the representation of women and historically marginalized groups within the workforce.