Successful Separation from Starz
Lionsgate completed the separation from Starz and began trading under the ticker symbol LION, which is expected to unlock significant value for shareholders and simplify the capital structure.
Record Library Revenue
Lionsgate achieved a record performance in its library segment with trailing twelve-month revenue of $956 million, driven by a strong fourth quarter.
Motion Picture Group Performance
Motion Picture revenue was up 28% year over year to $526 million, with segment profit reaching a ten-year high of $135 million, up 65% year over year.
Strong Financial Quarter
Lionsgate Studios revenue was up 22% year over year to $1.1 billion. Adjusted OIBDA was up 49% to $138 million, and operating income increased significantly to $94 million.
Television Group Achievements
The TV group secured key series renewals and launched new shows, including Seth Rogen's 'The Studio,' which became an Emmy contender and was renewed for a second season.