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Stock Market & Financial Investment News

News Breaks
January 9, 2013
15:03 EDTAM, LGFLionsgate and American Greetings announce distribution agreement
Lionsgate (LGF) and American Greetings Properties, the intellectual property and outbound licensing division of American Greetings (AM), announced a home entertainment distribution agreement for the new CGI Animated TV series "Care Bears: Welcome to Care-a-Lot." The agreement gives Lionsgate packaged and digital rights in both the U.S. and UK to all 26 episodes of the series, which debuted on The Hub in 2012. In addition, the two companies are extending their existing contract, with Lionsgate retaining its rights to the two previous Care Bears television series and five Care Bears movies. Under the new agreement, Lionsgate will also distribute three additional American Greetings properties in the U.S. through packaged and digital media. The three series--the WETA produced show "The WotWots," "The Twisted Whiskers Show" and "Maryoku Yummy." Finally, Lionsgate will acquire U.S. digital rights to three seasons of the classic Strawberry Shortcake series.
News For LGF;AM From The Last 14 Days
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July 1, 2015
09:03 EDTLGFLionsgate and Hasbro agrees to bring Monopoly to the big screen
Lionsgate (LGF) and Hasbro (HAS) are partnering to bring the iconic game MONOPOLY to the big screen, the two companies announced. Academy Award-nominated Andrew Niccol will write the screenplay for MONOPOLY, which will be produced by Lionsgate and Hasbro's Allspark Pictures. Lionsgate will finance the movie.
June 29, 2015
07:42 EDTLGFLionsgate merger with Starz looks increasingly logical, says Stifel
Stifel says that it has become more convinced of the logic of a potential merger between Lionsgate (LGF) and Starz (STRZA). The firm thinks that such a deal would positively impact Lionsgate's cah flow, increase its leverage capacity and expand its OTT content platform. The firm says that a combination of EPIX and Starz would be positive for both platforms, and it increased its price target on Lionsgate to $42 from $39 while keeping a Buy rating on the shares.
June 23, 2015
09:02 EDTLGFLionsgate promotes Tim Palen to Chief Brand Officer
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