Lionsgate Reports Reduced Quarterly Loss After Starz Separation
The Hollywood studio Lionsgate, following its separation from the Starz streaming platform, revealed its latest financial results as an independent film and TV company. For the second quarter of fiscal 2026, Lionsgate reported a significantly lower net loss and declining revenues in its film and TV divisions.
Financial Performance Overview
- Net loss attributable to shareholders was $113.5 million, a decrease from $163.3 million in the prior year.
- Overall studio revenue declined to $475.1 million from $604 million compared to the last year.
- Earnings per share showed a loss of 39 cents, improving from a 68-cent loss the previous year.
- Adjusted OIBDA reached $14.1 million.
Stock Market Reaction
In after-hours trading, Lionsgate's stock dropped by 5%, falling 36 cents to $6.67 per share.
Business Structure and Segments
The newly independent Lionsgate Studios now includes the Motion Picture Group, the Television Studio business, and a film and TV library with 20,000 titles.
Financial results for Starz, now a separate publicly traded company, are reported independently.
Segment Revenue Details
- The Motion Picture segment recorded revenues of $276.4 million, down from $409.4 million in the same period last year.
"The Hollywood studio, led by CEO Jon Feltheimer, posted a net loss attributable to shareholders at $113.5 million, compared to a year-earlier $163.3 million loss, after spinning off its Starz streaming platform."
Author’s summary: Lionsgate’s financial results show improved loss figures but continued revenue decline post-Starz spin-off, reflecting both restructuring and market challenges.
Would you like the summary to be more detailed or more concise?