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The analysis includes Lionsgate Studios. The Studio Business, which includes the Motion Picture and Television Production segments, reported revenue of $588.4 million, reflecting a 5.9% decrease from the prior year quarter.

Among its findings, the report highlights an emerging role for AI within measurement for brand sponsorships, strategies for releasing new shows on streaming services , and the importance of optimising cross-screen advertising campaigns through new AVoD and FAST platforms.

Strong Adjusted OIBDA growth continues in C&W Panama and the Caribbean, while post-migration impacts in Puerto Rico are expected to improve in H2. Additionally, the company has agreed to merge with Tigo in Costa Rica and has spent over $300 million on share repurchases and convertible redemption in 2024.

Women and girls made up just 30% of the leading film roles in the top-major motion pictures of 2023, representing a 14 percentage point drop from the year before. The report also found that only 11% of 2023’s top 100 movies were gender-balanced, meaning women/girls in about half of all speaking roles, also a number even with 2007.

The company reported a 23.5% fall in revenue compared to Q2 2023. However, the final weeks of the quarter reignited the company’s revenue and set the path for the upcoming quarters.