Lionsgate recently announced that their second-quarter home entertainment revenue reached $134.9 million, marking a 6.2% increase from the previous year. This revenue includes sales and rentals of movies, acquired or licensed films, and certain TV programs through various media platforms.

The digital sales of movies saw a significant rise of almost 9% to $124.7 million, while packaged media revenue experienced a decline of nearly 20% to $10.2 million. The boost in digital media revenue was largely attributed to the success of Lionsgate original releases, such as ‘Ballerina: From the World of John Wick,’ which performed well at the global box office.

Revenue from TV content sales also saw growth, with digital retail sales increasing by almost 11% to $38 million. Packaged media revenue, however, slightly decreased to $400,000. Lionsgate’s revenue-sharing agreements with digital platforms further contributed to the overall positive performance in the home entertainment sector.

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