Market Chatter: Netflix Interested in Buying Lionsgate Studios

MT Newswires Live06-16 22:04

Netflix (NFLX) is one of several media companies interested in acquiring Lionsgate Studios (LION), Semafor reported Tuesday, citing a person familiar with the matter.

Neither Netflix nor the other companies have put in a formal indication of interest, the report said, citing the person.

Netflix and Lionsgate Studios didn't immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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