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Lionsgate and Steven Paul's SP Media Launch New Joint Venture

PR Newswire•26/10/2026•16:15 ET
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Key Highlights

  • ➤SP Media made a significant capital investment to co-invest in new Lionsgate ventures
  • ➤Lionsgate will majority-own and control the new joint venture
  • ➤SP Media will produce independent feature films for Lionsgate distribution
  • ➤The partnership extends resources toward diversifying 3 Arts and other Lionsgate businesses

Expert Statements

Jon Feltheimer, CEO of Lionsgate

“Steven is a savvy & experienced entrepreneur who has a longstanding relationship with our studio, and I'm pleased to partner with him across multiple touchpoints of our business.”

Jon Feltheimer, CEO of Lionsgate

“He recognizes the unique and valuable assets that we have built and his investment will help drive the continued growth of these businesses.”

Steven Paul, Chairman, founder and CEO of Crystal Sky Pictures and SP Media Group

“Lionsgate is one of the most dynamic and entrepreneurial content studios in the media space today.”

Steven Paul, Chairman, founder and CEO of Crystal Sky Pictures and SP Media Group

“I'm delighted to build on my longstanding relationship with Jon Feltheimer and the Lionsgate leadership team as we grow our businesses together in an industry environment filled with opportunity.”

Lionsgate and Steven Paul's SP Media Launch New Joint Venture PR Newswire

SP Media Has Made a Significant Capital Investment to Co-invest into New Businesses that Expand Lionsgate's Global Platform

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