Welcome to our dedicated page for Lions Gate Entertainment Class B Non-Voting Shares news (Ticker: LGF.B), a resource for investors and traders seeking the latest updates and insights on Lions Gate Entertainment Class B Non-Voting Shares stock.
Lions Gate Entertainment Corporation (LGF.B) remains a leader in global entertainment through its Motion Picture, Television Production, and Media Networks segments. This dedicated news hub provides investors with essential updates on the company's planned separation into distinct studio and streaming entities, strategic partnerships, and content development initiatives.
Access timely press releases regarding SEC filings, board decisions, and operational milestones across all business units. Our curated collection features official announcements about corporate restructuring progress, Starz platform developments, and financial performance updates. Key focus areas include regulatory approvals, shareholder communications, and leadership updates impacting both future independent entities.
Bookmark this page for verified information on Lionsgate's transformation journey, including details about the proposed Studio Business spinoff and ongoing Starz Business operations. Check regularly for new filings, partnership announcements, and strategic updates directly from corporate sources.
Great Point Studios and NJPAC announce a partnership with Lionsgate (NYSE: LGF.A, LGF.B) to establish a new film and television production facility in Newark, New Jersey. The studio will cover 12 acres, be the first of its kind in NJ, and is expected to generate over $800M annually for the local economy, creating more than 600 long-term jobs. Expected to begin operations in late 2024, the facility aims to enhance Newark’s film industry, supported by local government incentives and community engagement.
Lionsgate (NYSE: LGF.A, LGF.B) announced it will release its fourth quarter and full year financial results for fiscal 2022, which ended on March 31, 2022, after market close on May 26, 2022. Following this, senior management will host an analyst and investor conference call on the same day at 5:00 P.M. ET. Investors can access the live webcast on Lionsgate's corporate website or through a provided link for replay access. The company emphasizes its diverse entertainment portfolio, backed by a significant content library.
Lionsgate (NYSE: LGF.A, LGF.B) has entered a multiyear theatrical output deal with The Roku Channel, covering films starting from 2022. This agreement includes popular titles like John Wick: Chapter Four and Expendables 4. The Roku Channel will have exclusive rights to these films after their initial release on STARZ, providing a dual-window distribution strategy. This deal aims to enhance access to first-run studio movies on streaming platforms, aligning with changing consumption habits.
Lionsgate reported its third quarter results for the period ending December 31, 2021, with a revenue of $885.4 million and a net loss attributable to shareholders of $45.6 million, equating to a diluted loss per share of $0.20. Adjusted net income for the quarter was $4.8 million, with adjusted diluted EPS of $0.02. The Television Group saw strong performance in series renewals, while Media Networks segment revenue fell 4.3% year-over-year. Global streaming subscribers increased 44% year-over-year to 19.7 million.
Roku and Lionsgate announced the premiere of the scripted series Swimming with Sharks on The Roku Channel this April. Featuring stars
Lionsgate (NYSE: LGF.A, LGF.B) is set to release its third quarter fiscal year 2022 financial results on February 3, 2022, after market close. The announcement follows the quarter ending December 31, 2021. Senior management will host an analyst and investor conference call at 5:00 PM ET on the same day to discuss the results. Investors can access the live webcast through the company’s corporate website. This financial update is crucial for stakeholders looking to assess the company's performance amid evolving market conditions.
Great Point Studios has inaugurated the new Lionsgate Studios Yonkers, the largest film and TV production facility in the Northeast, with investments exceeding $500 million. The complex will feature eleven soundstages, including a massive 30,000 square-foot stage, and will support over 1,000 jobs. Lionsgate has expanded its role as an anchor tenant, operating seven stages, while Mediapro and Syracuse University have also signed long-term leases. The studio aims to capitalize on the rising demand for content post-COVID, anticipated to complete its expansion by December 2023.
Lionsgate (NYSE: LGF.A, LGF.B) reported robust financial results for Q2 2021, with revenue of $887.8 million and operating income of $29.8 million. Net income attributable to shareholders was $7.5 million or $0.03 per diluted share. Adjusted net income reached $35.2 million with an adjusted EPS of $0.15. Notably, their content segments thrived, with revenues from their media networks, motion picture, and television production increasing significantly. Streaming subscribers rose by 40% year-over-year, reflecting a strong performance across the board.
Autograph, co-founded by Tom Brady, has partnered with Lionsgate and Twisted Pictures to release exclusive NFTs from the Saw franchise, starting October 26. This first-of-its-kind digital collectible series will include 10,000 unique items spanning three categories: keys, schematics, and traps. Collectors acquiring all three will receive additional exclusive content on Halloween. The Saw franchise has grossed over $1 billion at the box office, and this partnership aims to enhance fan engagement through digital collecting, coinciding with the upcoming Halloween festivities.
Lionsgate (NYSE: LGF.A, LGF.B) will report its financial results for Q2 FY2022, ending September 30, 2021, on November 4, 2021, after market close. The management will discuss the earnings in a conference call at 5:00 PM ET. Investors can access the live webcast on the company's investor relations website. Lionsgate combines STARZ's premium subscription services with its film and television studio operations, boasting a library of over 17,000 titles and a strong portfolio in independent media.