What if Lionsgate Films was founded in 1932 as a major studio?

Let's imagine what if Lionsgate Films was founded in 1932 as a major studio, instead of 1962 as a mini-major studio in the first place

Changes

 * Lionsgate Films would've been originally known as Lion Film Corporation (1932-1942), Lions Film Corporation (1923-1942), Lions Gate Film Corporation (1942-1977) and Lions Gate Films (1977-2005), before it was renamed Lionsgate Films (2005-present).
 * Lionsgate Films would been become by Westinghouse Electric in 1989 and Viacom in 2000.
 * It's founder would've been Leonard Garner (1880-1967; made-up).
 * Gate Pictures Corporation would've existed and founded by Ralph Guild (1892-1974; made up).
 * Both studios would've merged in 1942 to form Lions Gate Film Corporation.
 * Lionsgate Films would've been sold to Deutsche Telekom via T-Mobile in 2002.
 * Lionsgate Films would've been one of the American major film studios since 2004.
 * Lionsgate Films would've had an animation unit: Lionsgate Animation.
 * Lionsgate Films would've owned all of Scripps networks, including Ion Television.
 * Lionsgate Films would've had studio lots in Los Angeles since 2004.
 * Lionsgate Films's logos would've had a change
 * The 2004 Lions Gate Films logo would've been for Lionsgate Horror Films only.
 * The horror variant would've also been for Lionsgate Horror Films only.
 * Lionsgate Films would've had a logo similar to the MGM grand logo that debuted in 1945.
 * Lionsgate Films's 1998 logo would've debuted in 1977, instead of 1998.
 * Prior to acquisition of Viacom in 2000, Lionsgate Home Entertainment would've made video deals in the United States throughout the years.
 * Lionsgate Films would've made video deals with Vidmark Entertainment/Trimark Home Video (for Lionsgate Films's post-1985 Live-action films), Academy Video/Artisan Home Entertainment, Columbia Pictures Home Entertainment (for Lionsgate Films's pre-1985 Live-action films), and Magnetic Video/20th Century Fox Video/Republic Century Home Video (for all Lionsgate live-action films released prior to 1985).
 * Despite American deals, Lionsgate Films would've had it's own video arm in Canada
 * Lionsgate Films would've used Warner Bros.' Canadian warning which appears at the end of Lionsgate tapes from 1977 to 1998 before they created their own warning screen which appears at the beginning of tapes from 1998 to 2005. Canadian DVD and Blu-ray releases uses the FBI and Interpol warnings.
 * Lionsgate Television would've been founded in 1952, instead of 1997.