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Lionsgate (NYSE: LGF.A, LGF.B) is a prominent global entertainment company encompassing world-class motion picture and television studio operations, aligned with the STARZ premium global subscription platform to deliver a diverse array of entertainment content to audiences worldwide. With a robust 18,000-title library and a collection of iconic film and television franchises, Lionsgate is driven by an entrepreneurial culture and a commitment to innovation.
Founded in 1997, Lionsgate has become synonymous with bold, original, and relatable entertainment. The company's operations span across various segments, including motion picture production and distribution, television production and syndication, and media networks.
Motion Picture Segment: This segment focuses on the development, production, and worldwide distribution of feature films. Recent highlights include the successful release of John Wick: Chapter Four and the highly anticipated upcoming release of The Hunger Games: The Ballad of Songbirds & Snakes. Lionsgate also boasts a strong library performance, contributing to consistent revenue growth.
Television Production Segment: Lionsgate's television production arm develops and produces content for various platforms, including network, cable, and streaming services. Notable productions include the hit series Yellowjackets and the long-running franchise The Rookie. The segment also saw significant contributions from John Wick prequel series The Continental.
Media Networks Segment: This segment consists of STARZ, a premium subscription video service available through various platforms, including OTT and traditional cable. STARZ+ international service, LIONSGATE+, has also shown substantial growth. The segment recently underwent restructuring to focus on profitable markets, exiting the U.K. and Latin American regions.
Lionsgate has recently announced the acquisition of eOne from Hasbro, adding 6,500 film and television titles to its already extensive library. This acquisition strengthens Lionsgate's scripted and unscripted television businesses and extends its footprint in Canada and the UK.
Financially, Lionsgate reported revenue of $975.1 million for the third quarter ended December 31, 2023, with an adjusted OIBDA of $150.9 million. Despite facing challenges due to labor strikes and episodic delivery impacts, the company continues to show resilience and commitment to delivering high-quality content.
Lionsgate's strategic initiatives include the upcoming spin-off of its studio business into Lionsgate Studios, which will be a standalone publicly-traded entity focusing on content production and distribution. This move is expected to unlock significant value for shareholders and position the company for future growth.
For more information, visit the Lionsgate Investor Relations website.
Lionsgate reported disappointing Q2 FY2025 results with revenue of $948.6 million and a net loss of $163.3 million ($0.68 per share). The company's operating loss was $88.6 million with an Adjusted OIBDA loss of $17.7 million. The Studio Business saw revenue increase 4% to $823.7 million but reported an operating loss of $34.8 million. Motion Picture segment revenue grew 3% to $407.1 million, while Television Production revenue increased 6% to $416.6 million. Library revenue grew to $892 million. North American OTT subscribers declined 2.6% to 12.4 million, impacted by a $1.00 price increase in September.
Lionsgate (NYSE: LGF.A, LGF.B) and Lionsgate Studios (Nasdaq: LION) have announced the release of their fiscal 2025 second quarter financial results, ending September 30, 2024. The results will be disclosed after market close on Thursday, November 7, 2024, followed by an analyst and investor conference call at 5:00 P.M. ET/2:00 P.M. PT on the same day. Interested parties can access the live webcast through the Lionsgate and Lionsgate Studios Investor Relations websites. A replay will be available later that evening. Both companies' financial results will be presented and discussed during the call.
Lionsgate Studios is described as a leading standalone, publicly-traded content company, while Lionsgate owns approximately 87% of Lionsgate Studios' outstanding shares and the premium subscription platform STARZ.
Lionsgate (NYSE: LGF.A, LGF.B) and Runway have announced a groundbreaking AI collaboration, marking the first partnership between Runway and a Hollywood studio. Runway will create and train a custom AI model based on Lionsgate's proprietary film and television content. This model will generate cinematic video to augment the work of Lionsgate Studios' creative talent.
Lionsgate Vice Chair Michael Burns emphasized the potential for capital-efficient content creation, with filmmakers already exploring applications in pre- and post-production. Runway's CEO, Cristóbal Valenzuela, highlighted the partnership's role in advancing artistic expression through technology. This collaboration aims to enhance storytelling capabilities and provide innovative tools for the creative process.
Bronstein, Gewirtz & Grossman, is investigating potential claims against Lions Gate Entertainment (NYSE: LGF.A; LGF.B). The investigation follows a Bloomberg report that the Canada Pension Plan Investment Board (CPPIB) has filed a lawsuit against Lionsgate in New York. The lawsuit aims to prevent Lionsgate from separating from Starz cable and streaming service through a SPAC merger. CPPIB alleges that Lionsgate violated obligations to investors in a $1 billion 2021 note issue. This news caused Lionsgate's stock price to fall sharply during intraday trading on August 28, 2024. Investors who purchased Lionsgate securities are encouraged to participate in the investigation.
Bronstein, Gewirtz & Grossman, is investigating potential claims against Lions Gate Entertainment (NYSE:LGF.A; LGF.B) on behalf of stockholders. The investigation follows a Bloomberg report that the Canada Pension Plan Investment Board (CPPIB) has filed a lawsuit against Lionsgate in New York. The lawsuit aims to prevent the company from separating from Starz cable and streaming service through a SPAC merger, alleging that Lionsgate violated obligations to investors in a $1 billion 2021 note issue. This news caused Lionsgate's stock price to fall sharply during intraday trading on August 28, 2024. Investors who purchased Lionsgate securities are encouraged to assist the investigation.
Lionsgate and Lionsgate Studios reported Q1 fiscal 2025 results. Lionsgate's revenue was $834.7 million, with a net loss of $59.4 million ($0.25 per share). Adjusted net income was $20.9 million ($0.09 per share). Operating income was $18.8 million, and Adjusted OIBDA was $104.5 million. The Studio Business revenue decreased 5.9% to $588.4 million. Motion Picture segment revenue fell 15% to $347.3 million, but profit increased 24%. Television Production revenue grew 10% to $241.1 million, while profit dropped 53%. Media Networks North American revenue increased 1% to $345.3 million, with segment profit up 54%. North American OTT subscribers grew 5.5% year-over-year to 13.2 million but decreased by 180K sequentially.
Lionsgate (NYSE: LGF.A, LGF.B) and Lionsgate Studios (Nasdaq: LION) have announced they will release their fiscal 2025 first quarter financial results on Thursday, August 8, 2024, after market close. The companies will hold a joint analyst and investor conference call at 6:00 P.M. ET/3:00 P.M. PT on the same day to discuss the results. Interested parties can access the live webcast through the Lionsgate and Lionsgate Studios Investor Relations websites. A full replay will be available later that evening. The call will cover financial results for both entities, reflecting their status as separate publicly-traded companies with distinct operations in motion picture, television, subscription services, and location-based entertainment.
White Castle has announced a collaboration with Lionsgate to celebrate the release of the highly anticipated movie Borderlands, coming to theaters on August 9, 2024. Fans can look forward to -edition, Borderlands-themed retail and restaurant packaging featuring augmented reality (AR) experiences. This special packaging will be available on various White Castle Slider products and beverages, both in stores and restaurants across the U.S.
The packaging includes QR codes that unlock seven unique AR experiences, bringing the character Claptrap from Borderlands to life. This marks White Castle's largest film partnership to date, aiming to enhance the enjoyment of both White Castle and Borderlands fans.
Jamie Richardson, VP at White Castle, highlighted the collaboration as a way to bring extra fun to gaming and movie-watching experiences. The Borderlands franchise, known for its distinctive humor and art style, has garnered critical acclaim and a global fan base over the years.
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