---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-114482"
form_type: "8-K12B"
ticker: "LION"
cik: "0002052959"
company_name: "Lionsgate Studios Corp."
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T09:30:25.979721+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Lionsgate Studios completes separation from Starz; begins trading as LION on NYSE

## Summary
- New Lionsgate (LION) now holds motion picture and TV studio operations; Starz (STRZ) holds premium networks.
- Entered $800M senior secured revolving credit facility, with ability to increase to $1.2B.
- Assumed $500M+ 6% notes due 2030; LGTV becomes obligor.
- New board of 10 directors appointed, including Jon Feltheimer as CEO.
- Old Lionsgate and Legacy LG Studios shares delisted; New Lionsgate becomes successor issuer.

## SEC filing metadata
- accession: 0001193125-25-114482
- form_type: 8-K12B
- ticker: LION
- cik: 0002052959
- company_name: Lionsgate Studios Corp.
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.03, 2.01, 3.01, 5.01, 3.03, 5.03, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/0001193125-25-114482-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/d927789d8k12b.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-114482
- JSON: https://secwatch.observer/filing/0001193125-25-114482.json
- Plain text: https://secwatch.observer/filing/0001193125-25-114482.txt

## Key facts
- Executive change
  John D. Harkey, Jr. was appointed as Director at Lionsgate Studios Corp..
  - Action: appointed
  - Role: Director
  source text: the notice of articles of New Lionsgate were amended to remove all directors of New Lionsgate and to name Gordon Crawford, Jon Feltheimer, Emily Fine, Michael T. Fries, John D. Harkey, Jr., Susan McCaw, Yvette Ostolaza, Dr. Mark H. Rachesky, Richard Rosenblatt and Harry E. Sloan as the directors of the New Lionsgate board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/0001193125-25-114482-index.htm
- Executive change
  Jon Feltheimer was appointed as Director at Lionsgate Studios Corp..
  - Action: appointed
  - Role: Director
  source text: the notice of articles of New Lionsgate were amended to remove all directors of New Lionsgate and to name Gordon Crawford, Jon Feltheimer, Emily Fine, Michael T. Fries, John D. Harkey, Jr., Susan McCaw, Yvette Ostolaza, Dr. Mark H. Rachesky, Richard Rosenblatt and Harry E. Sloan as the directors of the New Lionsgate board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/0001193125-25-114482-index.htm
- Executive change
  Richard Rosenblatt was appointed as Director at Lionsgate Studios Corp..
  - Action: appointed
  - Role: Director
  source text: the notice of articles of New Lionsgate were amended to remove all directors of New Lionsgate and to name Gordon Crawford, Jon Feltheimer, Emily Fine, Michael T. Fries, John D. Harkey, Jr., Susan McCaw, Yvette Ostolaza, Dr. Mark H. Rachesky, Richard Rosenblatt and Harry E. Sloan as the directors of the New Lionsgate board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/0001193125-25-114482-index.htm
- Executive change
  Harry E. Sloan was appointed as Director at Lionsgate Studios Corp..
  - Action: appointed
  - Role: Director
  source text: the notice of articles of New Lionsgate were amended to remove all directors of New Lionsgate and to name Gordon Crawford, Jon Feltheimer, Emily Fine, Michael T. Fries, John D. Harkey, Jr., Susan McCaw, Yvette Ostolaza, Dr. Mark H. Rachesky, Richard Rosenblatt and Harry E. Sloan as the directors of the New Lionsgate board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/0001193125-25-114482-index.htm
- Executive change
  Brian Goldsmith was appointed as Chief Operating Officer at Lionsgate Studios Corp..
  - Action: appointed
  - Role: Chief Operating Officer
  source text: the following individuals, who had been previously serving in their respective positions shown below at Legacy LG Studios and Old Lionsgate, were removed from their respective positions of Old Lionsgate and Legacy LG Studios and appointed as executive officers of New Lionsgate (together, the “New Lionsgate Executive Officers”) as set forth in the table below: Jon Feltheimer Chief Executive Officer Michael Burns Vice Chair James W. Barge Chief Financial Officer Brian Goldsmith Chief Operating Officer Bruce Tobey Executive Vice President and General Counsel
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/0001193125-25-114482-index.htm
- Executive change
  Michael T. Fries was appointed as Director at Lionsgate Studios Corp..
  - Action: appointed
  - Role: Director
  source text: the notice of articles of New Lionsgate were amended to remove all directors of New Lionsgate and to name Gordon Crawford, Jon Feltheimer, Emily Fine, Michael T. Fries, John D. Harkey, Jr., Susan McCaw, Yvette Ostolaza, Dr. Mark H. Rachesky, Richard Rosenblatt and Harry E. Sloan as the directors of the New Lionsgate board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/0001193125-25-114482-index.htm
- Executive change
  Susan McCaw was appointed as Director at Lionsgate Studios Corp..
  - Action: appointed
  - Role: Director
  source text: the notice of articles of New Lionsgate were amended to remove all directors of New Lionsgate and to name Gordon Crawford, Jon Feltheimer, Emily Fine, Michael T. Fries, John D. Harkey, Jr., Susan McCaw, Yvette Ostolaza, Dr. Mark H. Rachesky, Richard Rosenblatt and Harry E. Sloan as the directors of the New Lionsgate board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/0001193125-25-114482-index.htm
- Executive change
  Emily Fine was appointed as Director at Lionsgate Studios Corp..
  - Action: appointed
  - Role: Director
  source text: the notice of articles of New Lionsgate were amended to remove all directors of New Lionsgate and to name Gordon Crawford, Jon Feltheimer, Emily Fine, Michael T. Fries, John D. Harkey, Jr., Susan McCaw, Yvette Ostolaza, Dr. Mark H. Rachesky, Richard Rosenblatt and Harry E. Sloan as the directors of the New Lionsgate board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/0001193125-25-114482-index.htm
- Executive change
  Yvette Ostolaza was appointed as Director at Lionsgate Studios Corp..
  - Action: appointed
  - Role: Director
  source text: the notice of articles of New Lionsgate were amended to remove all directors of New Lionsgate and to name Gordon Crawford, Jon Feltheimer, Emily Fine, Michael T. Fries, John D. Harkey, Jr., Susan McCaw, Yvette Ostolaza, Dr. Mark H. Rachesky, Richard Rosenblatt and Harry E. Sloan as the directors of the New Lionsgate board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/0001193125-25-114482-index.htm
- Executive change
  Gordon Crawford was appointed as Director at Lionsgate Studios Corp..
  - Action: appointed
  - Role: Director
  source text: the notice of articles of New Lionsgate were amended to remove all directors of New Lionsgate and to name Gordon Crawford, Jon Feltheimer, Emily Fine, Michael T. Fries, John D. Harkey, Jr., Susan McCaw, Yvette Ostolaza, Dr. Mark H. Rachesky, Richard Rosenblatt and Harry E. Sloan as the directors of the New Lionsgate board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/0001193125-25-114482-index.htm
- Executive change
  Jon Feltheimer was appointed as Chief Executive Officer at Lionsgate Studios Corp..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: the following individuals, who had been previously serving in their respective positions shown below at Legacy LG Studios and Old Lionsgate, were removed from their respective positions of Old Lionsgate and Legacy LG Studios and appointed as executive officers of New Lionsgate (together, the “New Lionsgate Executive Officers”) as set forth in the table below: Jon Feltheimer Chief Executive Officer Michael Burns Vice Chair James W. Barge Chief Financial Officer Brian Goldsmith Chief Operating Officer Bruce Tobey Executive Vice President and General Counsel
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/0001193125-25-114482-index.htm
- Executive change
  Bruce Tobey was appointed as Executive Vice President and General Counsel at Lionsgate Studios Corp..
  - Action: appointed
  - Role: Executive Vice President and General Counsel
  source text: the following individuals, who had been previously serving in their respective positions shown below at Legacy LG Studios and Old Lionsgate, were removed from their respective positions of Old Lionsgate and Legacy LG Studios and appointed as executive officers of New Lionsgate (together, the “New Lionsgate Executive Officers”) as set forth in the table below: Jon Feltheimer Chief Executive Officer Michael Burns Vice Chair James W. Barge Chief Financial Officer Brian Goldsmith Chief Operating Officer Bruce Tobey Executive Vice President and General Counsel
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/0001193125-25-114482-index.htm
- Executive change
  Dr. Mark H. Rachesky was appointed as Director at Lionsgate Studios Corp..
  - Action: appointed
  - Role: Director
  source text: the notice of articles of New Lionsgate were amended to remove all directors of New Lionsgate and to name Gordon Crawford, Jon Feltheimer, Emily Fine, Michael T. Fries, John D. Harkey, Jr., Susan McCaw, Yvette Ostolaza, Dr. Mark H. Rachesky, Richard Rosenblatt and Harry E. Sloan as the directors of the New Lionsgate board of directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/0001193125-25-114482-index.htm
- Executive change
  Michael Burns was appointed as Vice Chair at Lionsgate Studios Corp..
  - Action: appointed
  - Role: Vice Chair
  source text: the following individuals, who had been previously serving in their respective positions shown below at Legacy LG Studios and Old Lionsgate, were removed from their respective positions of Old Lionsgate and Legacy LG Studios and appointed as executive officers of New Lionsgate (together, the “New Lionsgate Executive Officers”) as set forth in the table below: Jon Feltheimer Chief Executive Officer Michael Burns Vice Chair James W. Barge Chief Financial Officer Brian Goldsmith Chief Operating Officer Bruce Tobey Executive Vice President and General Counsel
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/0001193125-25-114482-index.htm
- Executive change
  James W. Barge was appointed as Chief Financial Officer at Lionsgate Studios Corp..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: the following individuals, who had been previously serving in their respective positions shown below at Legacy LG Studios and Old Lionsgate, were removed from their respective positions of Old Lionsgate and Legacy LG Studios and appointed as executive officers of New Lionsgate (together, the “New Lionsgate Executive Officers”) as set forth in the table below: Jon Feltheimer Chief Executive Officer Michael Burns Vice Chair James W. Barge Chief Financial Officer Brian Goldsmith Chief Operating Officer Bruce Tobey Executive Vice President and General Counsel
  evidence_url: https://www.sec.gov/Archives/edgar/data/2052959/000119312525114482/0001193125-25-114482-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
