Lionsgate Reports Strong Quarterly Profit Driven by Film Performance
Lionsgate Studios announced a significant quarterly profit, exceeding Wall Street forecasts, with strong revenues driven by its motion picture group, including the box office success of 'The Housemaid.' The studio recently became a standalone company after splitting from Starz.
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Lionsgate Swings to Quarterly Profit on Higher Revenues
The ‘Michael’ and 'Hunger Games' studio, led by CEO Jon Feltheimer, became a standalone company after splitting from the Starz premium cable and streaming service.
By Etan Vlessing
Read full article →Box Office Hit ‘The Housemaid’ Burnishes Lionsgate’s March Quarter
Lionsgate Studios blew past Wall Street forecasts for its fiscal fourth quarter ended in March as The Housemaid buoyed results at the motion picture group. Segment revenue of $651.9 million and sprofit of $187.1 million grew by 23% and 39%, respectively, year-over-year, with the ancillary performance of Now You See Me: Now You Don’t and […]
By Jillg366
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