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While AAA releases previously had budgets ranging from $50–150 million, games set for release in 2024 or 2025 are now seeing budgets of $200 million and higher. Some franchises, like Call of Duty and Grand Theft Auto , have budgets exceeding $300 million and $250 million, respectively.
The company's Studios division will merge with Screaming Eagle Corp., a special-purpose acquisition company led by Eli Baker, to form a separate publicly traded company, Lionsgate Studios Corp. The transaction sets a $4.6-billion value on Lionsgate Studios and the deal was closed on May 7, 2024. The company was launched on May 14, 2024, and it ...
Amazon MGM Studios, formerly Amazon Studios, is an American film and television production and distribution studio owned by Amazon launched in 2010. It took its current name in 2023 following its merger with MGM Holdings , which Amazon had acquired the year prior.