Among the usual flurry of financial results each quarter, Lionsgate Studios may be the studio under the most scrutiny thanks to its recent split from Starz. And financial results were decidedly mixed, although they have made significant progress on shrinking the losses we have seen in other quarters. We have our expert entertainment attorney from Blake & Wang P.A., Brandon Blake, with more details.
Mixed Financial Results
For their first quarter as a standalone company, this was not a particularly impressive one. Lionsgate Studios posted considerably lower TV and film business revenues. However, the losses that have been dogging the company’s footsteps did reduce, sinking to $113.5M from $163.3 in the previous quarter. That, at least, will be welcome news.
Total studio revenue fell with it, however, coming in at $475.1M. The previous year was $604M. Overall, the company posted an earnings-per-share loss of 39c, down from the 68c loss of the same quarter last year. Their adjusted OIBSA was $14.1M.
First Standalone Quarter
Lionsgate Studios, as it now is, comprises the original Lionsgate Motion Picture Group and Television Studio business, and is also home to their impressive catalog of films and series, now over 20,000 titles strong. The Motion Picture segment saw a revenue dip as well (from $409.4M to $276.4M). However, it’s a tough comparison, as last year the same quarter saw 5 Lionsgate releases, with only 2 in the latest figures. Additionally, their segment profit improved to $30.5M, compared to just $1.7M in the prior year. On the TV side, despite dull numbers, Lionsgate expects to see serious movement in scripted episodic deliveries from 2027. Here, segment profit was $12.5M, vs. $24.4M in 2024.
All in all, not the best quarter Lionsgate has seen. However, it was to be expected, as the dust finally settles on the Starz split, and studio execs, at least, seem confident about the company’s trajectory into 2027 and beyond.
Film and Television 