‘Michael’ Boosts Lionsgate Quarterly Results as Studio Narrows Loss to $29 Million
Shamone! Record-breaking biopic “Michael” helped Lionsgate’s movie division turn in a profit of $105 million — its best-ever result for a June quarter. Lionsgate’s Motion Picture segment revenue of $587.3 million more than doubled from the prior-year quarter. The segment profit w
Shamone! Record-breaking biopic “Michael” helped Lionsgate’s movie division turn in a profit of $105 million — its best-ever result for a June quarter. Lionsgate’s Motion Picture segment revenue of $587.3 million more than doubled from the prior-year quarter. The segment profit w This story matters for Culture, Style & Media readers tracking venice. Reported by variety.com. Read the full original at the source link below.
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