Lionsgate and SP Media form joint venture to co-invest in new film ventures and expand global platform.

Lionsgate and SP Media, led by Steven Paul, have created a joint venture where SP Media will invest capital to co-invest in new businesses that expand Lionsgate's global content platform. The deal includes producing independent feature films by SP Media that Lionsgate will distribute, enhancing Lionsgate's content scale and diversification, including 3 Arts Entertainment. This partnership leverages Steven Paul's extensive industry experience and strengthens Lionsgate's position as a leading independent studio with a world-class distribution network. The collaboration aims to drive growth and capitalize on opportunities in the evolving media landscape.

Following the announcement of the joint venture between Lionsgate and SP Media, Lionsgate Studios Corp shares are trading at USD 12.20 on Pluang as of Oct 27, 2026 03:33 WIB. The stock has experienced a 2.32% decline in the past day, with a market capitalization of $3.72 billion. Investor activity on Pluang shows a full 100% sell order ratio, reflecting cautious sentiment despite the new partnership news.