Lionsgate has partnered with SP Media to create a joint venture that will foster innovative ventures and cinematic productions.
The partnership will see SP Media producing films, which will then be distributed by Lionsgate.

Lionsgate has formed a joint venture with Steven Paul's SP Media, a move that will allow the studio to continue diversifying its platform and expanding its business.
The joint venture will see SP Media making a capital investment of around $100 million, which will allow Lionsgate to grow its platform and explore new opportunities.
This collaboration will enable SP Media to produce independent films, which Lionsgate will then bring to audiences worldwide.
The joint venture is the latest move in Lionsgate's efforts to diversify its business and expand its reach beyond its core film and television production business.
Why it matters
The joint venture is an important step for Lionsgate as it looks to diversify its business and expand its reach beyond its core film and television production business.
What's next
The joint venture is expected to be a key part of Lionsgate's efforts to grow its platform and explore new opportunities in the entertainment industry.
How the story unfolded
- The Hollywood Reporter Steven Paul Invests In Lionsgate Joint Venture Amid Studio Sale Chatter
Read the original reporting
- The Hollywood Reporter – Steven Paul Invests In Lionsgate Joint Venture Amid Studio Sale Chatter ↗
- Deadline – Steven Paul’s SP Media Creates Joint Venture With Lionsgate To Expand New Businesses; Closes Film Pact ↗
- Variety – Lionsgate Forms Joint Venture With Steven Paul, Movie Producer Who Has Had Trump’s Ear ↗
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Frequently asked questions
What do we know about Lionsgate Steven Paul?
The partnership will see SP Media producing films, which will then be distributed by Lionsgate. Lionsgate and SP Media have joined forces to form a joint venture that will nurture fresh ideas and independent filmmaking.
When did the Lionsgate Steven Paul story break?
FlashFeed published this brief on October 27, 2026. The earliest report it draws on, from Deadline, is dated October 26, 2026.
What should I know about Lionsgate Steven Paul?
SP Media will create independent films, which Lionsgate will then bring to the big screen. The joint venture will see SP Media making a capital investment of around $100 million.
Why does the Lionsgate Steven Paul news matter?
The joint venture is an important step for Lionsgate as it looks to diversify its business and expand its reach beyond its core film and television production business.
What comes next in the Lionsgate Steven Paul story?
The joint venture is expected to be a key part of Lionsgate's efforts to grow its platform and explore new opportunities in the entertainment industry.
Where can I read more about Lionsgate Steven Paul?
This brief is based on reporting from Deadline, Variety and The Hollywood Reporter. Links to their original stories are listed on this page.
How we made this brief: FlashFeed brings together facts reported by the outlets listed above and writes a fresh, short explanation with the help of AI. Every brief is checked so it does not copy the publishers' wording. The original reporting belongs to those outlets – please read their full stories.



