Shares of Lionsgate surged 14% Tuesday on merger chatter, then fell after-hours as Netflix shot down speculation that it was eyeing the standalone studio. “Netflix is not interested and is not pursuing Lionsgate,” a spokesperson for the giant streamer said bluntly.
Source: [Deadline](https://deadline.com/2026/06/netflix-not-pursuing-lionsgate-media-merger-frenzy-1236957762/)