New York – Canadian film studio Lionsgate is considering a
sale of some of its digital assets, including video ad network Break Media, its
share in pay-TV venture EPIX, TVGuide.com and FearNet, the New York Post
reported.
The assets could fetch as much as $800 million, with Break Media
potentially to be valued at $500-$600 million, a source told the Post.
The company said last month that it would seek to divest non-core assets.
In
related news, Lionsgate Digital on Tuesday announced that its first original
online series, "Trailer Trash," will debut exclusively on the Hulu
video portal on March 7.
Related Links:
http://tinyurl.com/46eo6eg
(N.Y. Post)
