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Film Flops Like β€˜Borderlands’ Lead Lionsgate to Steep Quarterly Losses, CEO Jon Feltheimer Acknowledges β€˜Disappointing’ Results

β€œBorderlands,” β€œThe Crow,” and other film flops deflated Lionsgate’s 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 β€œa transitional, disrupted and difficult year for our industry,” one that saw the studio dealing with the aftershocks from […]

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