Lionsgate Quarterly Revenue Pops 41% on Strength of ‘Michael,’ TV Series Sales as Studio Narrows Net Loss

What the coverage says

Lionsgate reported a quarterly revenue increase of 41 percent to $668.8 million for the three months ending September 30, according to Variety, which noted that the financial gains were driven by television series sales and the studio's biopic on the King of Pop titled "Michael." The company also narrowed its net loss during the period. The Hollywood Reporter added context to the earnings release, pointing out that these latest financial results arrived as the studio operates as a standalone film and television company following its split from the Starz streaming platform, with the higher revenue powered by library intellectual property.

Written by HeadlineShine from 2 outlets' reporting, with AI assistance. Each outlet's own story is listed alongside.