Lionsgate reported a net loss of $113.1 million on revenue of $475.1 million in the second quarter, ended Sept. 30. This is an improvement from the previous year’s loss of $177.8 million on revenue of $604 million. The motion picture business saw an operating profit of $30.5 million on revenue of $276.4 million, compared to $1.7 million on revenue of $409.4 million in the previous year.

Top-grossing theatrical releases for Lionsgate in the quarter included The Long Walk with $54.8 million in global ticket sales, The Strangers: Chapter 2 with $18.5 million, and From the World of John Wick: Ballerina with $2.2 million in revenue. Television production revenue dropped 52% to $198.7 million from $417 million last year, with operating income falling almost 41% to $12.5 million from $24.4 million.

Lionsgate’s trailing 12-month library revenue surpassed $1 billion for the first time. The studio is currently working on the Michael Jackson biopic ‘Michael,’ as well as ‘The Hunger Games: Sunrise of the Reaping’ (2026) and Mel Gibson’s ‘The Resurrection of the Christ: Part One and Part Two’ scheduled for 2027 and 2028.

CEO Jon Feltheimer expressed optimism for future growth, stating, ‘We reported a quarter in line with our financial expectations with all signs pointing to significant growth over the next two quarters and through fiscal 2027.’ Feltheimer highlighted the strong film slate, television pipeline, and record library performance as key drivers of growth.

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