Tag: Lionsgate Studios

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.

Following its formal separation from STARZ, Lionsgate Studios reported Q4 revenues of $1.1 billion, delivering a net profit of $21.9 million.

Lions Gate Entertainment has completed the full separation of its studio and STARZ businesses.

Lionsgate's third-quarter revenues were stable at $970.5 million, with the indie studio narrowing its net loss from last year's $106.6 million to $21.9 million.

Lionsgate posted a net loss of $163.3 million on revenues of $948.6 million in what CEO Jon Feltheimer referred to as a “disappointing” second quarter.

Lionsgate and Lionsgate Studios delivered second-quarter revenues of $834.7 million and narrowed their net loss to $59.4 million.

Lionsgate and Lionsgate Studios have promoted Chase Brisbin to executive VP of international SVOD sales and head of global channels.

Driven by library gains and a post-Hollywood-strike boost, Lionsgate's television group saw its profits rise by 83 percent in Q4.

Lionsgate’s studio business, comprising its television studio and motion picture group segments, is being combined with Screaming Eagle Acquisition Corp. to launch Lionsgate Studios.