# Steven Paul Invests In Lionsgate Joint Venture Amid Studio Sale Chatter

- URL: https://talkfuse.com/story/steven-paul-invests-in-lionsgate-joint-venture-amid-studio-sale-chatter/
- Published: 2026-10-26T20:15:20+00:00
- Updated: 2026-10-26T21:40:38+00:00
- Original publisher: The Hollywood Reporter
- Original article: https://www.hollywoodreporter.com/business/business-news/steven-pauls-sp-media-lionsgate-joint-venture-1236740246/
- Topics: Entertainment, Film

## Key points

- SP Media and Lionsgate are forming a joint venture.
- Steven Paul is expected to lead about $100 million in investment.
- Lionsgate will control the venture and distribute its films.

## Summary

Steven Paul’s SP Media and Lionsgate have agreed to form a joint venture focused on investing in new businesses and producing independent films. The deal gives Lionsgate a route to expand its content platform and gives SP Media access to the studio’s distribution network, as Lionsgate attracts takeover interest amid industry consolidation.

The companies did not disclose the terms, but an industry insider said Paul is expected to lead an investment of about $100 million. Lionsgate will hold a majority stake and control the venture; SP Media will produce films for Lionsgate to distribute, and the partnership could also support growth across businesses including 3 Arts Entertainment. Lionsgate separated from Starz in 2025 and has a library of 20,000 film and television titles.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.