Lionsgate said Thursday television production revenue jumped 20% to $228 million last quarter and swung to a profit of $29 million from a $5.7 million loss, driven by strong library sales and 3 Arts Entertainment.Motion Picture revenue of $250 million plunged from $474 million reflecting fewer theatrical releases due to ongoing cinema closures amidst Covid-19.
Segment profit of $50 million was about flat.At media networks global subscribers led by Starz hit 28 million last quarter, with global OTT subs, a focus of the company now, rising by 900,000 to 14.6 million.
Starzplay International OTT subscribers grew 26% in the quarter, domestic OTT subscribers gained 300,000.Lionsgate posted total revenue for its fiscal third quarter of $836
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.