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.
Lionsgate reported results for its first quarter fiscal 2024, and revealed that its brand Starz made a strategic decision to exit Latin America by December 31 and focus its operations on the United States, UK and Canada.
Lionsgate informó los resultados de su primer trimestre fiscal 2024 y reveló que su marca Starz tomó la decisión estratégica de salir de América Latina antes del 31 de diciembre, para así enfocar sus operaciones en los Estados Unidos, el Reino Unido y Canadá.
The terms of the split were noted in a public Form 10 filed by the company, referring to the two divisions as “New Lionsgate” and “New Starz," one For Film And TV Production, and one focusing on Starz.