Lions Gate Results May Put More Pressure on Studio to Seek Deal
Lions Gate Entertainment Corp., which held talks to sell its Starz pay-TV network to CBS Corp., posted fourth-quarter sales and profit that missed analysts’ forecasts, underscoring the challenges facing the independent studio as competitor bulk up through mergers.
Lions Gate Results May Put More Pressure on Studio to Seek Deal
Lions Gate Entertainment Corp., which held talks to sell its Starz pay-TV network to CBS Corp., posted fourth-quarter sales and profit that missed analysts’ forecasts, underscoring the challenges facing the independent studio as competitor bulk up through mergers.