Lionsgate Studios Corp. filings document the regulatory record of a British Columbia entertainment company with NYSE-listed common shares and rights to purchase common shares. Its 8-K reports cover operating results, material agreements, credit facilities secured by intellectual property rights associated with library titles, board appointments, shareholder meetings and executive compensation arrangements.
Proxy and meeting-related filings describe director elections, auditor ratification, advisory votes on executive pay, shareholder proposal procedures and governance matters. The filing record also includes disclosures on capital structure, registered securities, standstill and voting agreements, and formal results of shareholder votes.
Lionsgate Studios Corp. reported first quarter fiscal 2027 results with revenue of $776.6 million, up 48% year-over-year. Operating income was $25.6 million versus a loss a year earlier, while net loss from continuing operations attributable to shareholders narrowed to $28.8 million, or $0.10 diluted per share.
On a non-GAAP basis, adjusted net income was $18.9 million ($0.06 adjusted diluted EPS) and Adjusted OIBDA was $79.3 million. Net cash flows from operating activities were $54.1 million, and Adjusted Free Cash Flow reached $128.9 million. Motion Picture revenue was $587.3 million, more than doubling, with record first-quarter segment profit of $105 million, while Television Production revenue declined to $189.3 million and segment profit to $10.2 million due to episodic delivery timing. Trailing 12‑month library revenue was $987 million, filmed entertainment backlog rose 21% to $1.5 billion, and leverage improved to 4.3x trailing 12‑month Adjusted OIBDA, though shareholders’ equity remained in a deficit of $1.20 billion.
FMR LLC and Abigail P. Johnson report beneficial ownership of common stock of LIONSGATE STUDIOS CORP. FMR LLC is shown with 19,347,894.84 shares beneficially owned, representing 6.7% of the common stock. FMR LLC has 19,343,558.00 shares with sole voting power and 19,347,894.84 shares with sole dispositive power, with no shared voting or dispositive power. Johnson is reported with the same 19,347,894.84 shares of sole dispositive power and a 6.7% ownership interest. One or more other persons may receive dividends or sale proceeds from these shares, but no such person holds more than five percent of the outstanding common stock.
Lionsgate Studios Corp. is convening its 2026 annual general and special meeting on September 15, 2026 at 10:00 a.m. Pacific Time in Vancouver, British Columbia. Shareholders of record at 5:00 p.m. Eastern Time on July 20, 2026, when 297,490,930 common shares were outstanding, are entitled to vote.
Shareholders will vote on four items: election of eleven directors, re‑appointment of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending March 31, 2027, an advisory say‑on‑pay vote on executive compensation, and an advisory vote on the frequency of future say‑on‑pay votes, where the Board recommends every one year.
The accompanying shareholder letter highlights operational momentum: the company reports its best adjusted OIBDA quarter in 12 years and a third consecutive quarter with $1 billion in trailing 12‑month library revenue. The film Michael grossed $1 billion worldwide, contributing to a 10% domestic box office market share in the first six months of 2026. Management emphasizes a film and television library growing at a 7% revenue CAGR over 10 years, increasing television contribution, and an AI strategy aimed at future cost savings and incremental revenue.
Lionsgate Studios Corp. extended the employment term of its Chief Financial Officer, James W. Barge, under his existing agreement. On July 20, 2026, the Board’s Compensation Committee approved an amendment that lengthens the agreement by three months, moving its expiration to October 31, 2026.
The amendment to Barge’s employment agreement is documented in an Employment Agreement Extension, dated July 20, 2026, which is filed as Exhibit 10.1 and incorporated by reference.
Lionsgate Studios Corp. director and ten-percent owner Mark H. Rachesky, M.D. reported a complex series of indirect Common Share transactions by affiliated investment funds. Entities associated with him both purchased and sold an aggregate 42,600,497 shares with no net change in reported share count, alongside updated direct and indirect holdings and extensive beneficial-ownership disclaimers tied to a continuation fund transaction and related voting agreements.
Lionsgate Studios Corp. Chief Executive Officer Jon Feltheimer reported equity compensation activity involving performance restricted share units. On July 3, 2026, 196,902 common shares were issued upon vesting of performance RSUs, and 103,669 common shares were automatically canceled to satisfy tax withholding obligations. Following these adjustments, he holds 4,290,776 common shares directly, including significant unvested RSU awards scheduled to vest between July 1, 2027 and July 1, 2029.
MHR Fund Management and affiliated entities filed Amendment No. 2 to their Schedule 13D on Lionsgate Studios Corp., updating their ownership structure and related agreements. Dr. Mark H. Rachesky may be deemed to beneficially own 37,910,710 Common Shares, representing approximately 13.0% of Lionsgate’s 290,633,610 Common Shares outstanding as of May 18, 2026.
The amendment describes a continuation vehicle transaction completed on July 8, 2026, where interests in Lionsgate shares were shifted among various MHR funds and newly formed special purpose vehicles. Limited partners could choose cash or rollover of their indirect Lionsgate interests.
A side letter with a lead investor sets out governance and liquidity rights, including the lead investor’s ability to propose an independent director candidate and a “Minimum Liquidity Threshold” requiring proceeds to reach 125% of the lead investor’s capital before certain wind-down and sale rights over Lionsgate shares are triggered.
Lionsgate Studios Corp. Chief Financial Officer James W. Barge reported equity compensation activity and related tax withholding in company stock. On July 1 and July 3, 2026, he received several grants and vesting-related issuances of common shares tied to restricted share units (RSUs) under his employment agreement and the 2025 Performance Incentive Plan.
To cover tax obligations on these vestings, the company withheld a total of 225,252 common shares at prices around $14.66–$15.31 per share, classified as tax-withholding dispositions rather than open-market sales. After these transactions, he continues to hold more than 1.8 million common shares directly.
Lionsgate Studios Corp. General Counsel Bruce Tobey reported equity compensation activity rather than open-market trading. On July 1 and July 3, he received several grants and vesting-related issuances of common shares at a stated price of $0.00 per share, reflecting awards under his employment agreement and the company’s 2025 Performance Incentive Plan.
To cover tax obligations from these vestings, the company withheld a total of 73,066 common shares through multiple Form 4 code F transactions, with reference prices around $14.66–$15.31 per share. After these compensation and tax-withholding entries, he continued to hold a substantial direct position in Lionsgate Studios common shares.