Lionsgate Reports Reduced Loss After Starz Spin-Off
Lionsgate released its latest financial results as a standalone film and TV studios company following the separation from its Starz streaming platform.
Financial Highlights for Q2 Fiscal 2026
- Net loss attributable to shareholders was $113.5 million, improved from a $163.3 million loss a year earlier.
- Overall studio business revenue dropped to $475.1 million from $604 million in the previous year.
- Earnings per share (EPS) loss narrowed to 39 cents from 68 cents a year ago.
- Adjusted OIBDA reached $14.1 million.
Business Composition and Segment Performance
The new Lionsgate Studios comprises the Motion Picture Group, Television Studio business, and a library of around 20,000 film and TV titles.
The Motion Picture segment revenue declined to $276.4 million from $409.4 million in the corresponding period last year.
"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."
Starz now operates as an independent publicly traded company and releases its own financial results.
Market Reaction
In after-market trading, Lionsgate stock fell by 36 cents or 5 percent to $6.67.
Summary
Lionsgate shows financial improvement as an independent studios company post-Starz spin-off, with reduced losses and lower revenues driven by declines in its motion picture segment.
Author's summary: Lionsgate's post-spin-off financial report reveals a smaller loss despite falling revenues, marking progress as a standalone studios company under CEO Jon Feltheimer.
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