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Lionsgate Reportedly Considering Spinning off EPIX, TV Guide Assets and FearNet

Feb 28, 2011  •  Post A Comment

Lionsgate Entertainment is reportedly considering spinning off several digital assets as well as some television services, including the company’s share of pay-TV service EPIX, its TV Guide assets and FearNet, reports the New York Post.

The spin-off would include businesses that contributed between 15% to 20% of Lionsgate’s total revenue, which was $1.6 billion last year, the piece says.

The offering would likely put a value of about $800 million on Lionsgate’s digital and TV assets, which is about what the entire company is now worth, the article notes.

The bulk of the value would stem from Lionsgate’s Break Media, a male-focused video ad network, which the story notes could alone be valued as high as $600 million. Lionsgate is considering the spin-off as a way to take advantage of investor interest in digital services, it adds.

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