Here’s What CEO Jon Feltheimer Thinks About Finding a Merger Deal for Lionsgate
Content studio and media-streaming service provider Lionsgate(NYSE:LGF-A)(NYSE:LGF-B) crushed Wall Street’s expectations in last week’s fourth-quarter earnings report. Breakeven earnings on $876 million of top-line sales stumped the analyst consensus of a $0.31 loss per share and revenue of $809 million. That report wasn’t delivered in a vacuum. The entertainment industry is buzzing with excitement over potential mergers and acquisitions after a splashy content-focused buyout by Amazon.com(NASDAQ:AMZN)…
