Film Flops Like βBorderlandsβ Lead Lionsgate to Steep Quarterly Losses, CEO Jon Feltheimer Acknowledges βDisappointingβ Results
7 November 2024 at 22:03
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¦]