Global Entertainment Report Editorial
'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 was up from a nominal $2.4 million in...
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'Michael' Boosts Lionsgate Quarterly Results as Studio Narrows Loss to $29 Million
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Original source: Variety