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Lionsgate Sees Gains at Starz


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The media networks segment at Lionsgate, which includes Starz, saw revenues rise to $366.8 million in Q3, driven by strong OTT subscriber growth.

Media networks profits increased by 9.6 percent to $134.1 million from the prior-year quarter.

Television production segment revenues, meanwhile, fell to $216.5 million, while profit slipped to $21.2 million. In the motion pictures division, revenues fell to $362.6 million and profits decreased by 19.9 percent to $43.5 million.

Total revenues at the company fell to $933.2 million from $1.1 billion, with profit down to $22.9 million.

“We’re pleased to report a strong quarter with significant free cash flow and continued revenue and subscriber growth at Starz,” said Lionsgate CEO Jon Feltheimer. “As we refill our feature film and television pipelines at a robust pace and take our integration of Lionsgate and Starz to the next level, all signs are pointing to strong growth in the year ahead.”











About Mansha Daswani

Mansha Daswani is the editor and associate publisher of World Screen. She can be reached on mdaswani@worldscreen.com.

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