Lionsgate Reports Reduced Quarterly Loss After Starz Spin-Off
The Hollywood major released its latest financial results as an independent film and TV studio company following the separation from its Starz streaming platform.
Financial Results for Q2 Fiscal 2026
On Thursday, the newly standalone Lionsgate posted significantly lower revenues in its overall film and TV businesses, alongside a smaller loss compared to the previous year after spinning off Starz.
- Net loss attributable to shareholders was $113.5 million, down from $163.3 million a year earlier.
- Overall studio business revenue declined to $475.1 million from $604 million the previous year.
- Earnings per share loss reduced to 39 cents from 68 cents year-over-year.
- Adjusted OIBDA amounted to $14.1 million.
Market Reaction and Company Structure
Investors responded in after-hours trading by driving the studio’s stock down 5 percent, or 36 cents, closing at $6.67.
Lionsgate Studios now consists of the Motion Picture Group and Television Studio businesses, together with a library of 20,000 films and TV titles.
Segment Revenue Details
The combined studios business, covering both Motion Picture and TV production, saw declines in its Motion Picture segment revenue, which fell to $276.4 million from $409.4 million during the same period last year.
"The newly-launched Lionsgate Studios business comprises Lionsgate’s Motion Picture Group and Television Studio business, along with a 20,000-strong film and TV library."
"Investors reacted in after-market trading by sending stock in the studio down by 36 cents, or 5 percent, to $6.67."
Starz, now a separate publicly-traded company, reports its own financial results independently.
Author's summary: After spinning off Starz, Lionsgate significantly narrowed its quarterly loss thanks to restructuring, despite lower revenue across its film and TV studios.