Hollywood Studio Soars 10% Amid Netflix Acquisition Rumors

At the New York Stock Exchange, Lionsgate Studios (LIONSGATE STUDIOS CORP: LION) closed at $15.82 on June 16, up 10.09% from the previous day, lifting its market capitalization to about $4.6 billion (roughly KRW 6.4 trillion)—an increase of approximately $520 million (around KRW 720 billion) in just one session.

Trading volume reached 9.53 million shares, driven by concentrated buying interest.

The New York Post and Yahoo Finance reported that Netflix is weighing a potential acquisition of Lionsgate, a takeover rumor that is said to have spurred the stock’s sharp rise.

Meanwhile, news that Lionsgate is developing two theatrical films based on the board game Monopoly has heightened expectations for the value of its intellectual property.

Lionsgate Studios is a North American film and TV production and distribution company behind franchises such as The Hunger Games, John Wick, and Saw. It became an independent publicly traded entity when its parent, Lionsgate, separated its premium channel STARZ from its studio business.

With its vast content library and standalone studio status, Lionsgate Studios is viewed as a mid-sized media group that has been on the radar of global streaming and media companies for mergers and acquisitions for several years.