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Netflix Denies Interest in Lionsgate
Netflix denied pursuing a merger with Lionsgate, causing the standalone studio’s stock to surge and then fall. The company stated it was not interested in acquiring its former parent.
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Shares of Lionsgate surged 14% Tuesday on merger chatter, then fell after-hours as Netflix shot down speculation that it was eyeing the standalone studio. “Netflix is not interested and is not pursuing Lionsgate,” a spokesperson for the giant streamer said bluntly. Lionsgate Studios separated from S
2026-06-17 01:55 UTC