(Bloomberg) — Legendary Entertainment LLC, the independent film and TV studio behind the Dune trilogy and A Minecraft Movie, is considering a takeover of Lionsgate Studios Corp., according to people familiar with the matter. Legendary, which is backed by Apollo Global Management, first approached the company after Lionsgate finalized its separation from the Starz Entertainment Corp. TV network and streaming service in May, said the people, who asked not be named as the information is private. Those talks centered on a potential partnership to produce a handful of films so that Legendary could gauge how the two companies worked together and whether it should ultimately proceed with a takeover offer, the people said. Representatives for Legendary and Lionsgate declined to comment. Lionsgate shares jumped 8% after Bloomberg reported the news. Lionsgate, which currently has a market cap of $1.8 billion, owns the rights to popular film franchises including John Wick, The Hunger Games and Twilight, has produced TV hits including AMC’s Mad Men and would provide Legendary with a theatrical distribution network. A Minecraft Movie, which was co-produced by Legendary and released by Warner Bros. Discovery Inc.’s film studio in April, is the highest grossing movie at the domestic box office so far this year, having sold $423.9 million worth of tickets in the US and Canada. Josh Grode, Legendary’s chief executive officer, said in a 2024 interview with Bloomberg Businessweek that he planned to tap Apollo’s finances for takeovers in the entertainment industry that would collectively be worth billions of dollars. Last year, Legendary and Apollo were linked to a potential acquisition of Paramount Pictures film studio, and were later linked to a potential acquisition of parent company Paramount Global. That business is instead being acquired by David Ellison’s Skydance Media LLC. More stories like this are available on bloomberg.com ©2025 Bloomberg L.P. in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.
Legendary, backed by Apollo, is considering the purchase of Lionsgate Studios.
