Lionsgate CEO Calls Media M&A Uncertainty “Incredibly Disruptive”
Lionsgate chief executive Jon Feltheimer said ongoing media and entertainment M&A noise is “incredibly disruptive” to the industry. “All we can do is keep sticking to our knitting … doing what we do, and we’ll see where the bouncing ball ends up. There will be some interesting bedfellows, I think,” he said on call with analysts after quarterly earnings. Paramount closed its acquisition of Skydance in August after 18 months. Now it’s bidding for Warner Bros. Discovery, which may sell or may spit in half. Un ...