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Lionsgate Studios reported fourth-quarter revenue of $907 million and adjusted OIBDA of $165 million. The company completed the separation of Lionsgate and Starz into two standalone public companies.
deadline.comLionsgate Studios reported fiscal fourth-quarter revenue of $907 million and adjusted OIBDA of $165 million, a 17 percent increase from the prior year. The company completed the separation of Lionsgate and Starz into two standalone public companies. Management said the market response to the new structure has been positive.
The company reported its third consecutive quarter of $1 billion in trailing twelve-month library revenue. 6 billion at the end of the quarter. Management stated that the company ended fiscal 2026 and began fiscal 2027 with two successful film releases. The Housemaid and Michael both performed strongly at the box office.
Over the next two to three years, more than half of the company's film, television, and live entertainment slates will consist of branded intellectual properties that Lionsgate owns or controls. The company renewed 12 of its 13 scripted television series.
Production is scheduled to begin later this year on The Housemaid's Secret for a December 17, 2027 release. The company also wrapped production on a new Rambo film and Mel Gibson's Resurrection of the Christ. Management said the company is using artificial intelligence to improve efficiency across its operations.
The company expects revenue growth in fiscal 2027 and 2028.
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ForbesDefense Secretary Pete Hegseth announced July 15 that the Department of Defense will screen soldiers ages 30 and over for testosterone deficiency during annual health assessments. Service members may choose treatment if recommended.
en.antaranews.comChina's economy expanded 4.3% year-on-year in the second quarter, below the 4.5% target range and forecasts. Investment contracted sharply while retail sales and industrial output showed mixed results.
Kevin Warsh appeared before the Senate Banking Committee on Wednesday and addressed questions on asset sales and a reported Bank of America dinner. He also testified before the House Financial Services Committee on Monday.