The Hunger Games, a successful comeback for Lionsgate amidst turmoil in Hollywood. Strikes impacted revenue and led to a $107.4 million loss. However, the film segment, buoyed by “The Hunger Games” prequel and “Saw X”, showed increased revenue and profit. Television business faced challenges from labor disputes and declining licensing. The spinoff of Starz is set to strengthen the media networks operation. Despite ongoing challenges, Lionsgate is optimistic about its diversified businesses’ performance and is striving for continued growth for its investors.
Hollywood Strikes Impact TV Business, but ‘The Hunger Games’ Prequel Boosts Lionsgate Earnings
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