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Lionsgate has taken an equity interest in Runway, and the two companies will launch a joint development program to develop and produce new IP, beginning with a short-form episodic series. They also plan to partner on a series of filmmaker-focused events, with Lionsgate as a presenting partner at the Runway AI Festival.
From the source
Under the new agreement, Lionsgate has taken an equity interest in Runway and the two companies will be launching a joint development program to develop and produce new IP.
runway.com