Lionsgate Acquires North America and UK Distribution Rights to Alma Har'el's Wet

Lionsgate has acquired North America and UK distribution rights to Wet, a film from writer-director Alma Har'el, from Fifth Season and 193, a Legendary Company. Yahoo reported the deal. Lionsgate is a publicly traded entertainment studio producing and distributing theatrical films, premium television and streaming content. Fifth Season is a production company behind the film.

Lionsgate's Wet Rights Deal With Fifth Season

Har'el co-wrote the screenplay with Christian Stangeby. The film is set to star Connor Storrie, Rebecca Ferguson, Odessa A'zion, Javier Bardem, Rosalía and Lukas Haas. Fifth Season, 193, Har'el, Christopher Leggett and Riva Marker for Linden Entertainment will produce. Fifth Season's Christopher Slager and Graham Taylor will executive produce with Patrick Wachsberger and Ashley Stern for 193, a Legendary Company. The logline is being kept under wraps, and production is scheduled to begin in the Dominican Republic in 2027.

Adam Fogelson, chair of Lionsgate Motion Picture Group, said, "The script and package for Wet are undeniable. With Alma at the helm, we cannot wait to get in the water with this unbelievably talented group of people, both in front of and behind the camera." Har'el, founder of Zusa Pictures, said, "I'm grateful to Lionsgate for embracing a film that speaks to this wild moment in time." Scott O'Brien and MaryGrace Stephenson are overseeing the project for Lionsgate, and Jordan Backhus will oversee creative for Fifth Season. Christopher Davis and Lauren Bixby negotiated the deal on behalf of the studio, while WME Independent, 193, a Legendary Company, and BALA negotiated on behalf of the filmmakers.

Lionsgate's Studio Expansion and Divestitures

Lionsgate sold its Lionsgate Play streaming service in India and Southeast Asia to former Asia head Rohit Jain for approximately $30 million, according to akta.pro company records, exiting direct international streaming operations while retaining multi-year content licensing. The studio broke ground on a $125 million film production studio in Newark's South Ward under New Jersey's Film and Digital Media Tax Credit Program. Lionsgate's film library, with franchises including Hunger Games and John Wick, spans more than 20,000 titles.

Lionsgate's Recent Rights Acquisitions

On November 10, 2026, Lionsgate acquired U.S. and U.K. rights to the period drama Rise of the Raven, produced by Robert Lantos, Yahoo reported. The 10-part series, based on Mór Bán's novels, set all-time ratings records on TV2 in Hungary and reached No. 1 on Netflix. On November 3, 2026, Sony Pictures and Lionsgate partnered to co-finance and distribute the live-action Naruto film, with Destin Daniel Cretton directing and producing and production slated for spring 2027.