In an era of consolidation, contraction, and confusion in Hollywood, Lionsgate and Starz are finally standing on their own two feet. After nearly a decade under the same roof, the two companies have completed a long-delayed split, each charting separate paths in an unforgiving media economy where scale is elusive, profitability is evasive, and the search for suitors is relentless.
Hollywood’s golden age of innovation and artistry is fading, replaced by an industry stumbling through a self-imposed crisis. The rise of streaming, an overreliance on recycled intellectual property, and dwindling opportunities or audience support for new talent have left the film and television world on precarious ground.
At this year’s Cannes, there’s a mix of optimism and weariness. High asking prices and low theatrical demand are notable. Streamers like Apple and Netflix lead significant acquisitions, sidelining traditional distributors. The market remains cautious, focusing on star-driven projects and strategic financial planning.
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