Todd Spangler NY Digital Editor Lionsgate is now looking at spinning off its studio business — rather than kicking out the Starz premium network and streaming business. The company, in an SEC filing Wednesday, said that “Despite the volatile market environment” Lionsgate remains “on a path to separating our Starz and studio businesses.” However, Lionsgate is increasingly focused on divesting the studio side of the house. “As negotiations progress, we have increased our focus on the possibility of spinning our studio business, creating a number of financial and strategic benefits,” the company said in an SEC filing Wednesday. “In that regard, we are continuing productive negotiations with prospective strategic and financial partners on both sides of our business.”