Lionsgate Reports Reduced Quarterly Loss After Starz Separation
Lionsgate, now operating independently from its Starz streaming platform, unveiled its financial results for the second quarter of fiscal 2026. The company reported a noticeably smaller loss compared to the previous year.
Financial Highlights
- The net loss attributable to shareholders was $113.5 million, improved from a $163.3 million loss a year earlier.
- Overall studio revenue decreased to $475.1 million from $604 million in the prior year.
- The earnings per share loss narrowed to 39 cents, down from a 68-cent loss previously.
- Adjusted OIBDA reached $14.1 million.
Business Structure
The independent Lionsgate Studios now comprises the Motion Picture Group, Television Studio, and a film and TV content library of 20,000 titles. Starz continues as a separate publicly traded company with its own financial disclosures.
Segment Performance
The studios division, which merges Motion Picture and TV production, saw revenues drop significantly in the Motion Picture segment, falling from $409.4 million to $276.4 million compared to the prior year.
Market Reaction
Investors reacted to the results with after-hours trading pushing the stock down by 5 percent, a decline of 36 cents, ending at $6.67.
Jon Feltheimer leads Lionsgate as CEO during this period of transition.
Author's Summary
Lionsgate, after separating from Starz, reported a substantially lower quarterly loss and reduced revenue, reflecting a challenging yet improving financial position.