Pankaj15. Lionsgate
Headquarters: Santa Monica, CA
Bought By: Hunan TV
Headquarters: Changsha
Lionsgate has been making movies since 1997, producing hits like The Hunger Games, What to Expect When You’re Expecting, American Psycho, and more. In 2015, Lionsgate and Hunan brokered a $375 million deal that saw the Chinese company dunging 25% of Lionsgate’s projects for the following three years.
Movies that benefited from the arrangement included Now You See Me 2, Age of Adeline, Gods of Egypt, and many other titles. “This agreement reflects our strategy of teaming with entrepreneurial partners to expand our global operations in key markets while underscoring our commitment to a business model that mitigates risk,” said Lionsgate in a statement.