Lionsgate Cuts Losses by 59% in First Post-Spinoff Quarter

Revenue boosts from TV production and content library sales lead to improved financial performance despite a decline in motion picture revenue.

Lionsgate reported a Q4 net loss of $39.5 million, down from $96.8 million the previous year.
TV production revenue surged 170% year-over-year to $493.6 million, driven by post-strike content deliveries.
Content library sales hit a record $339 million, contributing significantly to overall revenue.
Starz saw a slight decline in subscribers, with domestic streaming numbers remaining flat.
The full separation of Lionsgate's studio and Starz businesses is expected to be completed by the end of 2024.