Explore the latest developments concerning Lionsgate Shrinks Quarterly.
Lionsgate Shrinks Quarterly Loss After Starz Spin Off
The Hollywood major released its latest financial results as a standalone film and TV studios company after splitting from its Starz streaming platform.
Newly-solo Lionsgate on Thursday posted sharply lower overall film and TV businesses’ revenues and a reduced loss for the second quarter of fiscal 2026.
The Hollywood studio, led by CEO Jon Feltheimer, posted a net loss attributable to shareholders at $113.5 million, compared to a year-earlier $163.3 million loss, after spinning off its Starz streaming platform. Investors reacted in after-market trading by sending stock in the studio down by 36 cents, or 5 percent, to $6.67.
Overall studio business revenue fell to $475.1 million, compared to a year-earlier $604 million. Lionsgate posted an earnings per-share loss of 39 cents, compared to a year-earlier per-share loss of 68 cents. The adjusted OIBDA came to $14.1 million.
Lionsgate Quarterly Losses Shrink, CEO Praises AI For ‘Expanding Our Creative Tool Kit’
Lionsgate, which recently spun off its film and television studio from Starz, announced its quarterly earnings on Thursday, while the company’s CEO continued to praise the potential of AI in his public remarks to Wall Street.
Revenues at the studio behind “Ghosts” and “Hunger Games” hit $475.1 million, a 21.3% decrease from the year-ago period when Lionsgate reported revenue of $604 million. Lionsgate logged an operating loss of $46 million, down from a loss of $100.7 million in the prior-year period. Net losses shrank to $113.5 million, compared to a $163.3 million loss over the same quarter in 2024. Netflix’s earnings per-share logged a 39 cent loss, compared to a loss of 68 cents in the prior-year span.
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Lionsgate Sees Mixed Quarter As CEO Jon Feltheimer Says Film, TV Slates Primed For Growth
Lionsgate Studios revenue fell for the three months ended in September, missing Wall Street forecasts on fewer films and the timing episodic TV deliveries.
Adjusted profit was a beat and EPS in line. CEO Jon Feltheimer said the company has “readied a film slate primed to deliver strong growth over the next 18 months and refilled its television pipeline with key series renewals and breaking new shows.”
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