The transaction announced in August adds 6,500 film and television titles to Lionsgate’s large library; diversifies and strengthens its scripted and unscripted television businesses; extends its portfolio of brands and franchises; and expands its presence in Canada and the U.K. The deal is for $375 million in cash plus the assumption of some production financing loans.
The Canadian import boom continues after NBC picked up medical drama Nurses. The network acquired the U.S. rights to the hospital drama from eOne and ICF Films. It will add the show, which features Riverdale’s Tiera Skovbye, to its primetime lineup in December.
