Lionsgate posted revenue of $885 million for its fiscal third quarter ended in Dec., up from $836 million a year ago but below Wall Street forecasts of just under $1 billion. A net loss of 20 cents…
posted revenue of $885 million for its fiscal third quarter ended in Dec., up from $836 million a year ago but below Wall Street forecasts of just under $1 billion. A net loss of 20 cents, a shares was in line.
The stock is off about 5% in late trading.net global streaming subscribers were up 1.7M in the sequential quarter at 19.7 million, up 44% year over year. Starz revenue and segment profit were still impacted by Covid-related production delays, but programming is now back on track
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lionsgate Grows Streaming Subscribers to 19.7MThe studio, led by CEO Jon Feltheimer, continues its pivot to the streaming space with Starz, which could be the subject of a sale or spin-off.
Read more »
Twitch Reaches Deal With Merlin for Independent LabelsLive streaming platform Twitch has entered into an agreement with digital music licensing service Merlin to create revenue-earning opportunities for independent artists.
Read more »
Brazil logs more than 900 new Covid deaths – latest updatesLatest on the global Covid crisis: 🇧🇷 Brazil logs over 900 new deaths 🇬🇧 UK PM reportedly attended leaving party in lockdown 🇺🇸 Pfizer, BioNTech seek US approval of vaccine for children under 5 For more:
Read more »
Film/TV Labor Unions Rift In Canada Widens Over Streaming WarsAs Ottawa revives legislation to regulate foreign media players in the local market, IATSE says global studios and video giants already employ most Canadian creative workers, while local actors and directors want more local stories told.
Read more »
Spotify’s Joe Rogan Mess Exposes Larger Rift Over Rules, Streaming RevenuesContent advisory labels may be beside the point for the streaming giant's flagship podcast series, and other creators may be wary of taking a stand on the issue.
Read more »