Lionsgate Reports Reduced Quarterly Loss After Starz Spin-Off
Lionsgate released its latest financial results as an independent film and TV studio company following the separation from its Starz streaming platform.
Financial Performance Highlights for Q2 Fiscal 2026
- The studio, led by CEO Jon Feltheimer, reported a net loss attributable to shareholders of $113.5 million, improving from a $163.3 million loss a year earlier.
- Studio business revenue declined to $475.1 million from $604 million in the previous year.
- Earnings per share loss narrowed to 39 cents compared to 68 cents during the same period last year.
- Adjusted OIBDA reached $14.1 million.
Stock Market Reaction
Investors responded in after-hours trading by pushing Lionsgate stock down 5 percent, a drop of 36 cents, to $6.67 per share.
Business Composition
The new Lionsgate Studios business includes the Motion Picture Group, Television Studio business, and a film and TV library comprising 20,000 titles. Starz now operates as a separate publicly traded company with its own financial disclosures.
Segment Revenue Details
The combined studios business, covering Motion Picture and TV production segments, experienced a decline in Motion Picture segment revenue to $276.4 million from $409.4 million a year earlier.
"The Hollywood studio, led by CEO Jon Feltheimer, posted a net loss attributable to shareholders at $113.5 million, compared to a year-earlier $163.3 million loss, after spinning off its Starz streaming platform."
Author's summary: Lionsgate's post-Starz spin-off financials show a smaller quarterly loss and lower revenue, marking a transitional phase for the newly independent studio.