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In Current M&A Moment, Lionsgate A Prime Target As CEO Jon Feltheimer Downplays “Concept Of Scale”

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Lionsgate CEO Jon Feltheimer said Thursday that two media merger deals in as many weeks are “resounding affirmation of the value of content, IP and brands,” but that the company wants to keep its head down and “not get distracted by this concept of scale.”“Obviously we will talk to everyone, we listen to everything,” he said on a conference call following strong quarterly earnings — even as Lionsgate is considered the most likely to be scooped up next if, or, more likely, as, a wave of consolidation in the sector continues.The company’s shares reflect that, as well as solid growth in Starz subscribers and across its portfolio.

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