Entertainment · 3 views
Lionsgate Revenue Rises 41% to $668 Million Thanks to ‘Michael,’ Resurgent TV Division
“The Studio” and “Power: Origins” were among the shows that drove increased episode deliveries With its film division still enjoying the halo effect of the wild success of “Michael,” Lionsgate was able to avoid Wall Street projections of…
AI Summary
Lionsgate’s third‑quarter earnings showed a 41 percent revenue increase to $668 million, helped by the continued halo effect of the hit film “Michael.” The studio reported adjusted income of $20.3 million, avoiding analysts’ expectations of a loss for the period.
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