Lionsgate–SP Media joint venture

Lionsgate and Steven Paul's SP Media formed a new majority-Lionsgate-controlled joint venture to co-invest in new content and entertainment businesses, including the expansion of 3 Arts, alongside an independent feature production and Lionsgate distribution arrangement. Lionsgate disclosed a significant investment but no dollar amount or exact ownership percentages. TheWrap reported approximately $100M from a person familiar; this is a reported JV capital commitment, not a purchase price or valuation and not a direct equity stake in Lionsgate.

ID
D204
Date
2026-10-26
Year
2026
Sector
Film & TV production
Target
Lionsgate–SP Media joint venture
Principal talent / founder
Steven Paul
Talent-led
No
Acquirer / investor
Lionsgate (majority owner); SP Media (capital partner)
Acquirer type
Film studio / independent production financier
Deal type
Joint venture / strategic capital investment
Stake %
Undisclosed
Deal value ($M)
100
Implied valuation ($M)
Undisclosed
Revenue at deal ($M)
Undisclosed
Implied revenue multiple
Undisclosed
Value confidence
Reported
Status
Announced
Term
Not specified
Date added
2026-10-28
Last verified
2026-10-28

Source: Lionsgate / PR Newswire; TheWrap

Deal value and implied valuation are separate measures. Undisclosed financial terms are not inferred. Read the methodology.