Lionsgate Shrinks Quarterly Loss After Starz Spin Off
The Hollywood studio Lionsgate released its latest financial results as a standalone film and television company following its separation from the Starz streaming platform.
Under the leadership of CEO Jon Feltheimer, Lionsgate reduced its quarterly loss and reported lower overall revenues for the second quarter of fiscal 2026. The company’s net loss attributable to shareholders was $113.5 million, an improvement from the previous year’s $163.3 million loss.
Following the earnings announcement, investors reacted by pushing the studio’s stock down by 36 cents, or about 5 percent, closing at $6.67.
Financial Highlights
- Revenue for the studio’s combined film and television business fell to $475.1 million, down from $604 million a year earlier.
- Earnings per share showed a loss of 39 cents, improving from a 68-cent loss the prior year.
- Adjusted OIBDA reached $14.1 million.
Studio Business Overview
The newly formed Lionsgate Studios includes the Motion Picture Group and Television Studio divisions, supported by a library of approximately 20,000 film and TV titles.
Starz, now operating as its own publicly traded company, will continue to release its own financial statements independently.
Segment Performance
The Motion Picture segment saw revenue decrease to $276.4 million, down from $409.4 million during the same period the year before.
“The Hollywood major released its latest financial results as a standalone film and TV studios company after splitting from its Starz streaming platform.”
Author’s Summary: Lionsgate’s quarterly loss narrowed significantly after the Starz separation, though overall revenues and share price experienced a moderate decline.