Group 1 - Legendary Entertainment is considering acquiring Lionsgate Studios, which has recently spun off its operations [1] - Moelis & Company investment bank is involved in early discussions between Lionsgate and Legendary regarding potential co-productions [2] - Lionsgate has a market capitalization of $2 billion, and its share prices increased by 20% following the initial report of acquisition talks [3] Group 2 - Lionsgate's business model involves offloading foreign films, which limits potential buyers from obtaining full ownership of its library [4] - The company has maintained success in the streaming market by acting as a content provider rather than launching its own OTT service [5] - Legendary's CEO indicated plans to utilize Apollo's funds for significant acquisitions in the entertainment sector [6]

Core Insights - Gravity Co., Ltd. has officially launched its MMORPG mobile game, Ragnarok: Twilight, in Taiwan, Hong Kong, and Macau on July 3, 2025 [1] - The game combines classic elements from the original Ragnarok Online with new features, including a hero transformation system and exclusive MVP dungeons, enhancing player experience [2][3] - Positive feedback was received during the closed beta test (CBT) held in May, which has increased anticipation among users for the official release [2] Company Overview - Gravity is a developer and publisher of online and mobile games, with its principal product, Ragnarok Online, being popular in various markets, including Japan and Taiwan [3] - The company currently offers its games commercially in 91 regions [3]