Dave McNary Film ReporterLionsgate has reported earnings of $51.1 million, or 23 cents a share, on revenues of $813.7 million for its first fiscal quarter ended June 30 — numbers that were above Wall Street estimates — amid the COVID-19 pandemic.“We’re pleased to report a quarter with strong financial results in which all of our priorities were evident,” said Lionsgate CEO Jon Feltheimer. “During the quarter we took steps to monetize our film and television library, embraced innovative distribution strategies for our films, and acquired new properties while renewing others.
Most important, it was a quarter in which we used all of our resources to continue growing a unique, valuable and scalable global streaming platform at Starz.”.
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