Lionsgate Earnings Beat Wall Street Expectations, Starz Separation Delayed to 2024

By Brad Pareso 

Losses narrowed and revenues climbed as film hits such as John Wick: Chapter 4 helped power Lionsgate’s quarterly earnings. (Variety)

A potential transaction that separates Lionsgate and Starz, which Wall Street has anticipated for well over a year, has now been pushed to early in 2024 after the company unveiled an acquisition of producer Entertainment One. (THR)

Lionsgate CFO James Barge said the dual Hollywood strikes are hurting revenue by roughly $30 million per quarter. (Deadline)

Advertisement

Advertisement