Film Flops Like βBorderlandsβ Lead Lionsgate to Steep Quarterly Losses, CEO Jon Feltheimer Acknowledges βDisappointingβ Results
βBorderlands,β βThe Crow,β and other film flops deflated Lionsgateβs quarterly earnings, leading the movie and TV studio to report a loss of $163.3 million. It was a rough stretch that Lionsgate CEO Jon Feltheimer attributed to βa transitional, disrupted and difficult year for our industry,β one that saw the studio dealing with the aftershocks from [β¦]