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Podcast Episode

16. Andrew Walker of Rangeley Capital on Corporate Dark Arts and Lionsgate Studios (LION)

Stock Spin-off Investing Podcast··29 July 2026·57 min

About this episode

I recently had the opportunity to speak with Andrew Walker of Rangeley Capital and Yet Another Value Blog about his Corporate Dark Arts series and his write-up on Lionsgate Studios (LION).Here’s what we discussed:1:25 Andrew’s background and how he got interested in stocks9:40 Where Andrew sees himself professionally and personally in 10 years12:35 What are Corporate Dark Arts?19:30 Why did LION make it into your Corporate Dark Arts series?24:05 Lionsgate history and why this time might be different.26:45 Why identifying inflection points is so important in Corporate Dark Arts32:05 Is the expiration of the LION poison pill important?32:45  What would LION be worth in an acquisition scenario?40:25 How AI could help or hurt Lionsgate43:35 Why Starz also popped up on the Corporate Dark Arts Series52:15 Corporate Dark Arts Hall of Fame members