By Indiewire | Indiewire July 18, 2006 at 5:19AM
Calling Lions Gate Entertainment "the Southwest Airlines of the movie industry," Fortune magazine explores the potential sale of the successful company, as The New York Times' DealBook notes. The Times' biz blog speculates that a sale of the Lions Gate library could be worth $960 million (according to analysts), and DealBook adds:
With certified hits like "Crash" and "Diary of a Mad Black Woman" wringing millions from modest budgets, Lions Gate is at a crossroads. Should it join the Hollywood game and expand into the sort of major film studio it has long outmaneuvered, or should it try to sell itself?