Lionsgate has entered into a first-look TV deal with Robert Greenblatt, former chairman of NBC Entertainment and former chairman of WarnerMedia Entertainment.
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Lionsgate has acquired a slate of feature films from the Spyglass Media Group, taking a 20 percent stake in the group and inking a multiyear first-look television deal.
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Releasing its Q4 and full-year results, Lionsgate announced gains in its media networks division, with global subscribers to Starz rising to 29.5 million, including 16.7 million streaming customers.
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The comedy Minx on Lionsgate’s slate follows a young feminist in the 1970s who partners with a low-rent publisher to create the first erotic magazine for women.
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Agapy Kapouranis, the president of international television and digital distribution at Lionsgate, on positioning the company as “a global supplier of choice” to platforms while remaining a prolific source of premium scripted series for Starz.
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Lionsgate and Starz have closed a multiyear exclusive first-window output deal for all theatrically released Lionsgate and Summit label films when current agreements expire at the end of 2021 and end of 2022, respectively.
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Lionsgate's global streaming subscriber base in the third quarter of fiscal 2021 rose to 14.6 million, reflecting 52 percent of its total media networks customer base.
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The CEO takls about managing businesses and people through the uncertainty created by COVID-19, continuing to find new revenue-generating opportunities and how the industry may change post-pandemic.
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Lionsgate reported second-quarter revenues of $745 million, with lower results in its filmed entertainment and television production segments and gains at its media networks.
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