Record Library Revenue for Lionsgate

Lionsgate Studios reported a net loss in Q1, amid weaker motion picture revenues, while trailing 12-month library revenues at the indie studio hit a new record, and TV revenues rose by 20 percent.

The quarter saw Lionsgate complete the separation of its studio and networks business, with STARZ spun off as a separate entity. Studio revenues were $555.9 million with an adjusted net loss from continuing operations of $88.1 million.

“In a post-separation transitional year for the studio, we are taking a number of important steps toward returning to solid growth in fiscal 2027,” said Lionsgate CEO Jon Feltheimer. “We have three major film tentpoles set for release in the coming fiscal year, expect to double our scripted television series deliveries next year and continue to innovate our brands across new businesses and onto new platforms.  We are also continuing to create fresh revenue streams for our film and television library, contributing to another record trailing 12-month revenue performance in the quarter and increasing our visibility into the year ahead.”

Trailing 12-month library revenue increased 12 percent to a record $989 million. Motion picture revenues fell to $267.3 million while TV production revenues increased by 20 percent to $288.5 million.