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Lionsgate Revenue Falls As CEO Concedes “Disappointing” Quarter
The Hollywood ReporterStory by Etan Vlessing
scrn logline
Lionsgate reports disappointing Q2 results as industry disruption takes a toll, with CEO vowing a return to growth through content, library, and disciplined execution.
beat sheet
- Lionsgate's studios division saw revenue rise, with Motion Picture up to $407.1M and TV production reaching $416.6M, but its overall revenue fell to $948.6M, below analyst expectations, as the Starz Networks division declined.
- To mitigate industry disruption, Lionsgate has completed the spinoff of its studio business, plans to boost its theatrical slate to 3-4 tentpoles per year by fiscal 2026, and is expanding its TV production and launching new free, ad-supported streaming channels.
call sheet
Jon Feltheimer, Lionsgate, Starz Networks, John Wick, The Hunger Games