Priority PR represents Screaming Eagle Acquisition Corp. as it plans a merger with the movie and TV studio business of Lionsgate Entertainment Inc.
The Lionsgate Studios Corp. SPAC will have an enterprise value of $4.6B, and boast of franchises such as The Hunger Games, John Wick, The Twilight Saga and Ghosts.
Screaming Eagle CEO Eli Baker noted that Lionsgate Studios will be one of the only pure play content companies in the public markets and “well-positioned to unlock value for both existing and new shareholders.”
Lionsgate will retain ownership of the STARZ pay TV, streaming platform.
Priority PR founder/CEO Jeff Pryor represents Screaming Eagle.
Before launching his Agoura Hills, CA shop, Pryor was EVP-corporate communications at MGM Studios, corporate spokesperson for Scandinavia’s SGS Broadcasting, and PR director of Lorimar Telepictures.
He began his career as west coast correspondent for Advertising Age.