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Benzinga
Benzinga
Entertainment
Robert Kuczmarski

Why This Entertainment Company Could Be An Acquisition Target For Streaming Giants Amazon, Apple Or Netflix

Lions Gate Entertainment Corporation (NYSE: LGF/A) (NYSE: LGF/B) is a film entertainment studio with a presence in motion pictures, television programming, home entertainment, and digitally delivered content. The company may become an attractive acquisition target, as its subsidiaries and in-house content typically releases more than 25 motion pictures theatrically each year. 

Why It Matters: While Lions Gates struggles to establish profitability, it excels in generating new content, as the company has a film and TV library of more than 17,000 titles, 90 TV shows across 40 different networks, with 59 major awards won.

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