Lionsgate Profit Jumps

SANTA MONICA/VANCOUVER, February 12: Lionsgate’s
third-quarter profits have soared from $3.1 million to $20.5 million on
revenues of $254.5 million, an 11-percent increase on this period last year.

"We are pleased that all of our core businesses made
important contributions to our profitability and free cash flow for the
quarter," said Jon Feltheimer, the independent studio’s CEO. "We
remain focused on our unique business plan, and our financial results reflect
our continued progress toward a successful fiscal 2007 in every one of our key
businesses as well as for the company as a whole."

Motion picture revenue for the quarter was $221.6 million,
an increase of 9 percent. Within this segment, theatrical revenue fell 8
percent to $46 million. Home video revenue of $113.6 million in the third
quarter decreased 2 percent. International revenue, however, was up 90 percent
to $27.6 million, driven by gains at Lionsgate U.K. as well as strong foreign
sales of Crank, Saw II, Saw III and
The Lost City. Television revenue
included in the motion picture segment also posted a healthy gain of 55 percent
to $31.2 million, thanks to strong theatrical titles with television windows
opening in the quarter, including Hostel and Tyler Perry's Madea's Family Reunion.

In the television production segment, revenues rose 27
percent to $32.9 million, driven by deliveries of the third season of Wildfire
(ABC Family), Dirty Dancing: The
Reality Series (WE), I Pity the
Fool (TV Land) and The Lost Room (SCI FI).