Why Lionsgate’s revenue jumped 41% as film and TV surged

Lionsgate reported fiscal second-quarter revenue rose 41% year over year to $667 million for the three months ended in September, as film and television production delivered gains and the studio’s library remained a major revenue stream. Deadline reported the results on Thursday, Nov. 5, alongside a narrower net loss.

The Hollywood Reporter put revenue at $668.8 million, compared with $475.1 million a year earlier, and said it topped analyst consensus of $627.6 million. The reports give slightly different totals. Both said Lionsgate’s net loss narrowed to $15.5 million from $113.5 million a year earlier.

Film and television production both rose

Television production revenue climbed 56% to $309 million, while segment profit rose 73% to $21.6 million, Deadline reported. The Hollywood Reporter reported revenue of $309.5 million, against $198.7 million a year earlier, and profit of $21.6 million, compared with $12.5 million. Deadline said the higher revenue came amid more scripted episodic deliveries, including Power: Origins and second seasons of The Studio and The Hunting Wives. Lionsgate expects to double scripted deliveries in fiscal 2027 compared with fiscal 2026.

Lionsgate’s library brought in $1.04 billion

Library revenue over the trailing 12 months was $1.04 billion. Deadline described it as the studio’s second-highest ever, while The Hollywood Reporter called it the library’s second-highest quarterly watermark. The Hollywood Reporter said the catalogue spans 20,000 film and television titles, including the John Wick and Hunger Games franchises, along with Twilight, La La Land and Dirty Dancing.

The results mark another quarter for Lionsgate as a standalone public company following its 2025 separation from Starz. The Hollywood Reporter said the library is a major profit driver; Deadline reported that Motion Picture segment profit rose to $89 million, from $30.5 million the year before, according to The Hollywood Reporter’s figures.

What Jon Feltheimer said about Lionsgate’s outlook

Chief executive Jon Feltheimer said the quarter showed the pieces of Lionsgate’s fiscal 2027 plan coming together. He said the company was setting film tentpoles in place for the next three years and had growing visibility into growth in fiscal 2028 and 2029. The Hollywood Reporter also quoted him expressing confidence in the current year’s forecast for significant adjusted OIBDA growth; those are management expectations, not reported future results.

Both outlets also reported renewed takeover speculation and a reported offer from Legendary Entertainment. The reports do not establish an agreed or completed transaction.