Lionsgate buys Strawberry Shortcake

I thought The Loud House is getting owned by Lionsgate due to the point Paramount already had SpongeBob. However, the problem is AltonHarris tried to frame me, and the DeviantArt users did NOT like that idea. TheWBfan messed with me with Fairly OddParents technique, thinking that I was mad.

Because Lionsgate's ownership The Loud House didn't work thanks to FIW users, it looks like that Lionsgate will acquire Shortcake IP Holdings LLC from WildBrain because the expansion will still happen.

Full ownership to the Strawberry Shortcake franchise will be held by Lionsgate Animation, a new animation studio that will be run by Richard Rich once Streetlight Animation closes by September 2024 (now that the CGI Swan Princess films stopped for good in 2020). Although the Peanuts franchise will stay with WildBrain, the future of Strawberry Shortcake will be at Lionsgate's hands.

The reason is for five things: F-H-E had animated videos from 1980 to 2005, Lionsgate had theatrical animated films released since 2007, Norm of the North film got negative reviews from the critics, Lionsgate kept releasing foreign animated films on physical and Film Roman is no longer owned by Starz.

To fix the problem, Lionsgate will have to restore Strawberry Shortcake by making her the mascot of WGNLionsgate. Following acquisition, a live-action film Strawberry Shortcake film will be developed. The back catalog will be acquired by Lionsgate as well.

Changes

 * Lionsgate will produce more media from the Strawberry Shortcake franchise.
 * Lionsgate Animation will be formed once Streetlight Animation closes down in 2024.
 * Richard Rich, the director of The Swan Princess, will be the CEO of Lionsgate.
 * A Live-action Strawberry Shortcake film will be announces.
 * She will be the mascot of WGNLionsgate.
 * With the purchase, WildBrain will pay $120 Million to acquire STX Entertainment.
 * The back catalog of Strawberry Shortcake will also be purchased by Lionsgate.
 * Lionsgate will revive Family Home Entertainment as a traditional animation studio.
 * Lionsgate will make new animated films, but this time, under the Lionsgate Animation banner.