Lions Gate Entertainment Corp at Bank of America Media, Communications and Entertainment Conference Transcript

Sep 08, 2022

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Sep 07, 2022 / 09:00PM GMT
Jessica Jean Reif Ehrlich Cohen - BofA Securities, Research Division - MD in Equity Research

So welcome back, everybody. We're very happy to be here with Lionsgate. We have Michael Burns on the end, who is fighting a cold; and Jeff Hirsch, the President and CEO of Starz; and for anyone -- Brent Navon, who's on my team. So I'll start, and then we'll take it from there.

Questions and Answers:

Jessica Jean Reif Ehrlich Cohen - BofA Securities, Research Division - MD in Equity Research

So Michael, you announced that you were hoping to sell a stake in both the studio and in Starz in November of 2021. It sounds like you'll know more about which, if any, strategic or financial partners might take a stake in the separated entities over the next few weeks. Why do you think the separation is the right thing to do given the rest of your peers have vertically integrated studios and streaming assets?

Michael R. Burns - Lions Gate Entertainment Corp. - Executive Vice Chairman

The first thing I would say to you, Jessica, is

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