“We see what’s happening in the world of consolidation. Everybody wants studios, we’ve got a scarce asset here already completely separated,” Barge told the Morgan Stanley Investors Conference after Paramount Skydance prevailed over Netflix in a winning bid for Warner Bros. Discovery.
“I think we’re just extremely well positioned, with our business hitting on all cylinders at the same time – we’re a pure play studio which has got great scarcity value, great on that industry consolidation point,” he reiterated about the John Wick studio having separated from the Outlander premium network to create two standalone companies.
Barge said the formal separation of Lionsgate and Starz “took a while,” before being completed nearly a year ago with an eye to unlocking value for investors by allowing them to evaluate each business separately.
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