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Breaking- Lionsgate bumps up it’s second Quarter with Action films also locks it’s next.

Lionsgate has been going through a bit of of Crisis however Action has bumped the genre back into the contendership as a key content player.

Though the first quarter was weak the Second Quarter got a solid bump up. The company onreported earnings per share of 22 cents, 2 cents ahead of Wall Street analysts’ consensus, with revenue of $984.5 million, also surpassing expectations significantly.

The Motion Picture Group, which was  in a major crisis in the latter part of 2018 and early 2019, delivered improved results in the quarter.

The reason for the success was Angel Has Fallen (140 million on a 40 million budget) and Rambo: Last Blood (90 million on a 30 million budget), plus home entertainment results for John Wick: Chapter 3 that went through the roof. 

The Acquisition of Starz also added to the success of the network. Domestic subscriptions to Starz set a record for sequential growth with 1.2 million additions, giving the company 5.6 million OTT customers.

Starz ended the quarter on September 30 with 27 million total subscribers around the world, up 1.8 million from the prior year quarter.

See the performance the Studio has upped it’s Action slate . The latest acquisition is the plane the Gerard Butler action flick launched here by MadRiver International and CAA Media Finance

Lionsgate has closed domestic and a selection of international rights on The Plane , the brief given to all the executive is that they have to close as many Action films as possible. 

Lionsgate has taken rights for North America, Latin America, the UK and India, the distributor confirmed. This only goes to show the power of Action genre.

Keep reading this space for more.

We at amdb.in wish the entire team all the very best.




Disclaimer- The reviewer is well respected as an Action connoisseur in global action communities. Amdb (Action movie Data Base) is a site solely designed to review and promote “only” action Films. The reviewer has served as an action consultant to many Action films. He is graduate in advance screen writing. And Above all he know’s what the F he’s talking about.

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