Banijay and Mediawan Pursue Lionsgate Studios in Strategic Bid Talks
European media groups Banijay and Mediawan are weighing bids for Lionsgate Studios, valued around $3.8 billion and drawing interest after Lionsgate engaged an investment bank to evaluate inbound approaches; Bolloré is not bidding, and no deal is guaranteed as Lionsgate could remain independent. A potential acquisition would add major IP (like Hunger Games, John Wick and Twilight) to Banijay’s portfolio and boost Mediawan’s North American/English-language presence, though pricing gaps and market dynamics complicate the talks.