Technology
Activist Anson Funds Pushes Lionsgate for Sale, Semafor Says
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Activist Anson Funds Pushes Lionsgate for Sale, Semafor Says Activist investor Anson Funds Management is urging Lionsgate Studio Corp. to put itself up for sale, Semafor reported, adding to pressure on the independent film and TV production company to do a deal. The rise of artificial intelligence has sorted the industry into winners and losers, Anson portfolio manager Sagar Gupta wrote in a July letter to Lionsgate’s board, according to Semafor. He urged the company to redefine itself for...
Activist Anson Funds Pushes Lionsgate for Sale, Semafor Says
Activist investor Anson Funds Management is urging Lionsgate Studio Corp. to put itself up for sale, Semafor reported, adding to pressure on the independent film and TV production company to do a deal.
The rise of artificial intelligence has sorted the industry into winners and losers, Anson portfolio manager Sagar Gupta wrote in a July letter to Lionsgate’s board, according to Semafor. He urged the company to redefine itself for the “AI era” or be sold.