Lionsgate's Motion Picture segment saw revenue nose up 3% to $40 million last quarter on more theatrical wide releases, but profit fell to $2.8 million as those movies underperformed, especially Borderlands. "In a transitional, disrupted and difficult year for our industry, we reported disappointing financial results in the quarter," said Lionsgate Studios CEO Jon Feltheimer after […]
'Borderlands' & More Squeeze Lionsgate's Quarter As CEO Candidly Admits, "We Reported Disappointing Financial Results"
Deadline - 7 Nov 2024 23:54
Lionsgate's Motion Picture segment saw revenue nose up 3% to $40 million last quarter on more theatrical wide releases, but profit fell to $2.8 million as those movies underperformed, especially Borderlands. "In a transitional, disrupted and difficult year for our industry, we reported disappointing financial results in the quarter," said Lionsgate Studios CEO Jon Feltheimer after […]
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