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Netflix Eyes Lionsgate Amid Market Shift
Description
Lionsgate could be on the move as Netflix stirs acquisition rumors, fueled by the studio’s blockbuster hit “Michael” — now the second-highest-grossing film of the year. Though Netflix has denied any formal interest, the market reacted with wild swings: Lionsgate’s stock soared then tumbled, while Netflix dipped before rebounding. The speculation isn’t just about Netflix — other media giants are also circling. With consolidation heating up in entertainment, this potential shakeup underscores a major era of strategic shifts and fierce competition for dominance.
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