Lionsgate has scheduled a shareholder vote for April 23 to decide on the separation of Lionsgate Studios from Starz. Shareholders of record by March 12 can vote at the special meeting. The company has been planning this split since 2023, facing numerous delays due to a global health crisis, writer strikes, and the acquisition of eOne. CFO Jimmy Barge confirmed the split is still on track to close by April’s end. The move mirrors industry trends, with Comcast planning to spin off NBCUniversal cable networks by 2025, and Warner Bros. Discovery restructuring to separate its linear TV assets. Notably, 70% of Lionsgate’s revenue in the latest fiscal year came from digital sources, highlighting the company’s shift towards digital-first content. Lionsgate holds nearly 88% of Lionsgate Studios shares.
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