Lionsgate Reports Reduced Loss After Starz Spin-Off
The Hollywood studio Lionsgate published its latest financial results as an independent film and TV company following the separation from its Starz streaming service.
Financial Performance Highlights
- For the second quarter of fiscal 2026, Lionsgate posted a net loss of $113.5 million attributable to shareholders, an improvement from the previous year's loss of $163.3 million.
- The company’s overall studio revenue declined to $475.1 million, down from $604 million a year earlier.
- Earnings per share showed a loss of 39 cents, better than the 68 cents loss recorded in the same quarter last year.
- Adjusted OIBDA reached $14.1 million.
Stock Market Reaction
After-hours trading saw Lionsgate's stock decline by 36 cents, or 5%, closing at $6.67 per share.
Studio Business Composition
The standalone Lionsgate Studios now includes the Motion Picture Group, Television Studio business, and a collection of about 20,000 film and TV titles.
The former subsidiary, Starz, operates separately as a publicly traded company, releasing its own financial results.
Segment Revenue Details
- The Motion Picture segment revenue dropped to $276.4 million, compared to $409.4 million during the previous year’s period.
"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 standalone film and TV operations report a smaller quarterly loss amid lower revenues, reflecting the impact of its recent separation from Starz.