The Company is a diversified independent producer and distributor of motion pictures, television programming, home entertainment, family entertainment, video-on-demand and music content.
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Lions Gate will be making The Hungar Games, the first of a trilogy by Suzanne Collins. These books are targeted to young adults and are published through Scholastic which markets well to this population. With the box office success of young adult book series to movies, Lions Gate could have stumbled upon a series that propels them beyond niche targeted movies.
The success of Precious, buying interest from Icahn, and acquisition speculation is also helping the stock price of late.