Announcement • May 20
Lionsgate Studios Holding Corp. Files Form 15 Lionsgate Studios Holding Corp. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Shares, no par value per share under the Securities Exchange Act of 1934, as amended. Announcement • Apr 04
Lions Gate Entertainment Corp. Receives Non-Compliance Notice from New York Stock Exchange On April 1, 2025, the New York Stock Exchange (the NYSE") notified Lions Gate Entertainment Corp. that it was not in compliance with Section 302 of the NYSE's listing standards (Section 302"), which requires listed companies to hold an annual shareholders' meeting during each fiscal year. As previously announced, in connection with the proposed separation of the Company's Studios and Starz Businesses, the 2024 annual meeting of shareholders of the Company (the Annual Meeting") will be held on April 23, 2025. The Company will regain compliance with Section 302 after the completion of the Annual Meeting. Until the Company regains compliance, the Company will be added to NYSE's list of non-compliant issuers and a below compliance (.BC") indicator will be appended to the Company's ticker symbols. Announcement • Apr 01
Shein and Lionsgate Drop the Hunger Games Collection SHEIN announced the launch of its The Hunger Games franchise collection in collaboration with Lionsgate. The limited-edition collaboration fuses fashion, fandom and pop culture making it a must-have for any The Hunger Games films fan enthusiast. The collection includes bold apparel and accessories for both women and men, including elements inspired by the iconic franchise. From Capitol chic to District daring, these extraordinary pieces let fans activist against the extraordinary. Fans can expect vibrant designs, symbolic imagery, and artwork inspired by the world of The Hunger Games. Celebrating the themes of survival, resilience, and revolution, The Hunger Games x SHEIN collection brings fans a fresh way to showcase their love for the series. The Hunger Games franchise encompasses four critically-acclaimed novels that have sold over 100 million copies worldwide and been translated into 52 languages as well as a blockbuster film franchise that has grossed more than $3.4 billion at the worldwide box office. Suzanne Collins' latest Hunger Games novel, the eagerly-anticipated Sunrise on the Reaping, was launched by Scholastic on March 18, 2025 and will be adapted into a major motion picture event to be released by Lionsgate on November 20, 2026. Lionsgate also just announced the October debut of The Hunger Games stage play in London. Announcement • Mar 11
Lions Gate Entertainment Corp., Annual General Meeting, Apr 23, 2025 Lions Gate Entertainment Corp., Annual General Meeting, Apr 23, 2025. Announcement • Jan 17
Lions Gate Entertainment Corp. to Report Q3, 2025 Results on Feb 06, 2025 Lions Gate Entertainment Corp. announced that they will report Q3, 2025 results After-Market on Feb 06, 2025 Reported Earnings • Nov 09
Second quarter 2025 earnings released: US$0.68 loss per share (vs US$3.79 loss in 2Q 2024) Second quarter 2025 results: US$0.68 loss per share (improved from US$3.79 loss in 2Q 2024). Revenue: US$948.6m (down 6.6% from 2Q 2024). Net loss: US$163.3m (loss narrowed 82% from 2Q 2024). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 23% per year. Announcement • Oct 17
Lions Gate Entertainment Corp. to Report Q2, 2025 Results on Nov 07, 2024 Lions Gate Entertainment Corp. announced that they will report Q2, 2025 results After-Market on Nov 07, 2024 New Risk • Aug 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Reported Earnings • Aug 09
First quarter 2025 earnings released: US$0.25 loss per share (vs US$0.31 loss in 1Q 2024) First quarter 2025 results: US$0.25 loss per share (improved from US$0.31 loss in 1Q 2024). Revenue: US$834.7m (down 8.1% from 1Q 2024). Net loss: US$59.4m (loss narrowed 16% from 1Q 2024). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. New Risk • Jul 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Negative equity (-US$187m). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Announcement • Jul 25
Lions Gate Entertainment Corp. to Report Q1, 2025 Results on Aug 08, 2024 Lions Gate Entertainment Corp. announced that they will report Q1, 2025 results After-Market on Aug 08, 2024 Announcement • Jul 11
Lions Gate Entertainment Corp. announced that it has received $6.6375 million in funding from Liberty 77 Capital L.P. Lions Gate Entertainment Corp. announced a private placement of 750,000 Class A voting shares at a purchase price of $8.85 per share for the gross proceeds of 6,637,500 on July 10, 2024. The transaction included participation from returning investors Liberty 77 Fund International L.P. and Liberty 77 Fund L.P. managed by Liberty 77 Capital L.P. Before giving effect to the transaction the Liberty Manager exercised control and direction over an aggregate of 9,770,467 Class A Shares, representing approximately 11.69% of the issued and outstanding Class A Shares, for and on behalf of the Liberty Funds. Immediately after giving effect to the transaction, the Liberty Manager exercised control and direction over an aggregate of 10,520,467 Class A Shares, representing 12.59% of the issued and outstanding Class A Shares, for and on behalf of the Liberty Funds. New Risk • Jun 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Negative equity (-US$187m). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Buy Or Sell Opportunity • May 27
Now 28% undervalued Over the last 90 days, the stock has risen 1.4% to €8.41. The fair value is estimated to be €11.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has declined by 61%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 99% in the next 2 years. Reported Earnings • May 24
Full year 2024 earnings released: US$4.72 loss per share (vs US$8.82 loss in FY 2023) Full year 2024 results: US$4.72 loss per share (improved from US$8.82 loss in FY 2023). Revenue: US$4.02b (up 4.2% from FY 2023). Net loss: US$1.10b (loss narrowed 45% from FY 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • May 17
Lions Gate Entertainment Corp. to Report Q4, 2024 Results on May 23, 2024 Lions Gate Entertainment Corp. announced that they will report Q4, 2024 results After-Market on May 23, 2024 Recent Insider Transactions • Mar 12
CEO & Director recently bought €417k worth of stock On the 7th of March, Jon Feltheimer bought around 50k shares on-market at roughly €8.34 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Jon's only on-market trade for the last 12 months. Reported Earnings • Feb 09
Third quarter 2024 earnings released: US$0.45 loss per share (vs US$0.073 profit in 3Q 2023) Third quarter 2024 results: US$0.45 loss per share (down from US$0.073 profit in 3Q 2023). Revenue: US$975.1m (down 2.5% from 3Q 2023). Net loss: US$106.6m (down US$123.2m from profit in 3Q 2023). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Announcement • Jan 26
Lions Gate Entertainment Corp. to Report Q3, 2024 Results on Feb 08, 2024 Lions Gate Entertainment Corp. announced that they will report Q3, 2024 results After-Market on Feb 08, 2024 Announcement • Nov 11
Lions Gate Entertainment Corp. Announces Goodwill and Intangible Asset Impairment Three Months Ended September 30, 2023 Lions Gate Entertainment Corp. announced Goodwill and intangible asset impairment three months ended September 30, 2023. For the quarter, the company reported Goodwill and intangible asset impairment $663.9 million against $1,475.0 million a year ago. Reported Earnings • Nov 10
Second quarter 2024 earnings released: US$3.79 loss per share (vs US$7.95 loss in 2Q 2023) Second quarter 2024 results: US$3.79 loss per share (improved from US$7.95 loss in 2Q 2023). Revenue: US$1.02b (up 16% from 2Q 2023). Net loss: US$886.2m (loss narrowed 51% from 2Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Announcement • Oct 20
Lions Gate Entertainment Corp. to Report Q2, 2024 Results on Nov 09, 2023 Lions Gate Entertainment Corp. announced that they will report Q2, 2024 results After-Market on Nov 09, 2023 Announcement • Sep 09
Lions Gate Entertainment Corp., Annual General Meeting, Nov 28, 2023 Lions Gate Entertainment Corp., Annual General Meeting, Nov 28, 2023. New Risk • Aug 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$46m net loss in 2 years). Share price has been volatile over the past 3 months (7.9% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Reported Earnings • Aug 10
First quarter 2024 earnings released First quarter 2024 results: Revenue: US$908.6m (up 1.6% from 1Q 2023). Net loss: US$70.7m (loss narrowed 41% from 1Q 2023). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 129 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Jul 19
Insider recently bought €758k worth of stock On the 14th of July, John Harkey bought around 100k shares on-market at roughly €7.58 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.7m more in shares than they have sold in the last 12 months. Buying Opportunity • Jun 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.1%. The fair value is estimated to be €10.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 115%. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings is also forecast to grow by 131% per annum over the same time period. Reported Earnings • May 26
Full year 2023 earnings released: US$8.76 loss per share (vs US$0.84 loss in FY 2022) Full year 2023 results: US$8.76 loss per share (further deteriorated from US$0.84 loss in FY 2022). Revenue: US$3.85b (up 7.0% from FY 2022). Net loss: US$2.01b (loss widened US$1.82b from FY 2022). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance. Announcement • May 09
Lions Gate Entertainment Corp. to Report Q4, 2023 Results on May 25, 2023 Lions Gate Entertainment Corp. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on May 25, 2023 Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: US$0.073 (vs US$0.20 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.073 (up from US$0.20 loss in 3Q 2022). Revenue: US$1.00b (up 13% from 3Q 2022). Net income: US$16.6m (up US$62.2m from 3Q 2022). Profit margin: 1.7% (up from net loss in 3Q 2022). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Announcement • Feb 10
An unknown buyer acquired Playco Entertainment FZ LLC from Lions Gate Entertainment Corp. (NYSE:LGF.A). An unknown buyer acquired Playco Entertainment FZ LLC from Lions Gate Entertainment Corp. (NYSE:LGF.A) on December 31, 2022.An unknown buyer completed the acquisition of Playco Entertainment FZ LLC from Lions Gate Entertainment Corp. (NYSE:LGF.A) on December 31, 2022. Announcement • Jan 26
Lions Gate Entertainment Corp. to Report Q3, 2023 Results on Feb 09, 2023 Lions Gate Entertainment Corp. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 09, 2023 Recent Insider Transactions • Dec 22
Chief Financial Officer recently bought €289k worth of stock On the 20th of December, James Barge bought around 54k shares on-market at roughly €5.35 per share. This transaction increased James' direct individual holding by 1x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €361k. James has been a buyer over the last 12 months, purchasing a net total of €578k worth in shares. Announcement • Dec 21
Lions Gate Entertainment Corp. Announces Resignation of Corii D. Berg as the General Counsel Lions Gate Entertainment Corp. announced effective December 20, 2022, Corii D. Berg has resigned as the General Counsel of the company. The current leadership of Associate General Counsels Adrian Kuzycz and Randall Jackson, and Chief Ethics and Legal Compliance Officer Rahwa Ghebre-Ab, will manage the Company’s legal team on an interim basis. Buying Opportunity • Dec 03
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 32%. The fair value is estimated to be €8.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Earnings per share has declined by 84%. Revenue is forecast to grow by 15% in 2 years. Earnings is forecast to grow by 97% in the next 2 years. Buying Opportunity • Nov 09
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 38%. The fair value is estimated to be €8.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Earnings per share has declined by 84%. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to grow by 100% in the next 2 years. Reported Earnings • Nov 05
Second quarter 2023 earnings released: US$7.95 loss per share (vs US$0.033 profit in 2Q 2022) Second quarter 2023 results: US$7.95 loss per share (down from US$0.033 profit in 2Q 2022). Revenue: US$875.2m (down 1.4% from 2Q 2022). Net loss: US$1.81b (down US$1.82b from profit in 2Q 2022). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Announcement • Nov 04
Lions Gate Entertainment Corp. Reports Goodwill Impairment for the Second Quarter Ended September 30, 2022 Lions Gate Entertainment Corp. reported Goodwill impairment for the second quarter ended September 30, 2022. For the second quarter, the company reported goodwill impairment of $1,475.0 million. Announcement • Oct 13
Lions Gate Entertainment Corp. to Report Q2, 2023 Results on Nov 03, 2022 Lions Gate Entertainment Corp. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 03, 2022 Recent Insider Transactions • Oct 04
Independent Director recently bought €361k worth of stock On the 29th of September, Harry Sloan bought around 50k shares on-market at roughly €7.23 per share. This transaction increased Harry's direct individual holding by 110x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Aug 05
First quarter 2023 earnings released: US$0.53 loss per share (vs US$0.20 loss in 1Q 2022) First quarter 2023 results: US$0.53 loss per share (down from US$0.20 loss in 1Q 2022). Revenue: US$893.9m (flat on 1Q 2022). Net loss: US$119.0m (loss widened 162% from 1Q 2022). Over the next year, revenue is forecast to grow 11%, compared to a 131% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Jul 29
Lions Gate Entertainment Corp., Annual General Meeting, Sep 13, 2022 Lions Gate Entertainment Corp., Annual General Meeting, Sep 13, 2022, at 13:00 Pacific Standard Time. Location: Dentons Canada, 250 Howe Street, 20th Floor, Vanocuver British Columbia Canada Agenda: To elect 12 directors, each for a term of one year or until their respective successors are duly elected and qualified; to consider re-appoint Ernst & Young LLP as the company's independent registered public accounting firm for the fiscal year ending March 31, 2023 and authorization of the audit & risk committee to fix their remuneration; to conduct an advisory vote to approve executive compensation; and to transact such further and other business as may properly come before the meeting and any continuations, adjournments or postponements thereof. Announcement • Jul 19
Lions Gate Entertainment Corp. to Report Q1, 2023 Results on Aug 04, 2022 Lions Gate Entertainment Corp. announced that they will report Q1, 2023 results After-Market on Aug 04, 2022 Reported Earnings • May 28
Full year 2022 earnings released: US$0.84 loss per share (vs US$0.086 loss in FY 2021) Full year 2022 results: US$0.84 loss per share (down from US$0.086 loss in FY 2021). Revenue: US$3.60b (up 10% from FY 2021). Net loss: US$188.2m (loss widened US$169.3m from FY 2021). Over the next year, revenue is forecast to grow 10%, compared to a 131% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • May 12
Lions Gate Entertainment Corp. to Report Q4, 2022 Results on May 26, 2022 Lions Gate Entertainment Corp. announced that they will report Q4, 2022 results After-Market on May 26, 2022 Announcement • Feb 17
Lions Gate Entertainment Corp. Appoints Harry Sloan as A Member of the Compensation Committee and the Nominating and Corporate Governance Committee effective February 15, 2022, the Board of Directors of Lions Gate Entertainment Corp. appointed Harry Sloan to serve as a member of the Compensation Committee and the Nominating and Corporate Governance Committee. Reported Earnings • Feb 04
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: US$0.20 loss per share (down from US$0.063 loss in 3Q 2021). Revenue: US$885.4m (up 5.9% from 3Q 2021). Net loss: US$45.6m (loss widened 228% from 3Q 2021). Revenue missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 18%, compared to a 345% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Breakeven Date Change • Feb 04
Forecast to breakeven in 2024 The 12 analysts covering Lions Gate Entertainment expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$3.40m in 2024. Average annual earnings growth of 20% is required to achieve expected profit on schedule. Reported Earnings • Nov 05
Second quarter 2022 earnings released: EPS US$0.033 (vs US$0.083 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: US$887.8m (up 19% from 2Q 2021). Net income: US$7.50m (up US$25.9m from 2Q 2021). Profit margin: 0.8% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 05
Second quarter 2022 earnings released: EPS US$0.033 (vs US$0.083 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: US$887.8m (up 19% from 2Q 2021). Net income: US$7.50m (up US$25.9m from 2Q 2021). Profit margin: 0.8% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Breakeven Date Change • Sep 23
Forecast to breakeven in 2023 The 13 analysts covering Lions Gate Entertainment expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$8.71m in 2023. Average annual earnings growth of 64% is required to achieve expected profit on schedule. Reported Earnings • Aug 06
First quarter 2022 earnings released: US$0.20 loss per share (vs US$0.23 profit in 1Q 2021) The company reported a soft first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2022 results: Revenue: US$901.2m (up 11% from 1Q 2021). Net loss: US$45.4m (down 189% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Jul 16
Lions Gate Entertainment Corp. (NYSE:LGF.A) acquired 20% stake in Spyglass Media Group, LLC. Lions Gate Entertainment Corp. (NYSE:LGF.A) acquired 20% stake in Spyglass Media Group, LLC on July 15, 2021. As part of the transaction, Lions Gate has acquired the vast majority of the Spyglass feature film library of approximately 200 titles and formed a strategic content partnership with leading content creator Spyglass. Gary Barber will continue to lead Spyglass as its Chairman and CEO and Spyglass' senior leadership team will remain in their current roles. Sheppard Mullin LLP is acting as legal advisor of Lions Gate. Moelis & Company LLC is serving as the exclusive financial advisor and Venable LLP acting as a legal advisor for Spyglass.
Lions Gate Entertainment Corp. (NYSE:LGF.A) completed the acquisition of 20% stake in Spyglass Media Group, LLC Breakeven Date Change • Jun 02
Forecast breakeven pushed back to 2024 The 13 analysts covering Lions Gate Entertainment previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 69% per year to 2023. The company is expected to make a profit of US$30.5m in 2024. Average annual earnings growth of 51% is required to achieve expected profit on schedule. Breakeven Date Change • May 29
Forecast breakeven pushed back to 2024 The 13 analysts covering Lions Gate Entertainment previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 32% per year to 2023. The company is expected to make a profit of US$30.5m in 2024. Average annual earnings growth of 48% is required to achieve expected profit on schedule. Reported Earnings • May 29
Full year 2021 earnings released: US$0.086 loss per share (vs US$0.86 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: US$3.27b (down 16% from FY 2020). Net loss: US$18.9m (loss narrowed 90% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Executive Departure • May 28
Independent Director has left the company On the 19th of May, Daniel Sanchez's tenure as Independent Director ended after 2.7 years in the role. As of March 2021, Daniel personally held 9.18k shares (€50k worth at the time). A total of 4 executives have left over the last 12 months. Executive Departure • May 25
Independent Director has left the company On the 19th of May, David Zaslav's tenure as Independent Director ended after 5.5 years in the role. We don't have any record of a personal shareholding under David's name. A total of 3 executives have left over the last 12 months. Is New 90 Day High Low • Mar 04
New 90-day high: €13.90 The company is up 71% from its price of €8.15 on 03 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.97 per share. Announcement • Mar 04
Lionsgate and Starz Close Multiyear Theatrical Output Agreement for Lionsgate and Summit Label Films Lionsgate and STARZ have closed a multiyear exclusive first window output deal for all theatrically released Lionsgate and Summit label films when current agreements expire at the end of 2021 and end of 2022, respectively. The agreement will bring to STARZ such blockbuster franchises as JOHN WICK, starring Keanu Reeves, BORDERLANDS, based on the best-selling video game franchise, directed by Eli Roth and starring a world-class cast including Academy Award® winner Cate Blanchett, Kevin Hart, Jamie Lee Curtis and Jack Black, WHITE BIRD: A WONDER STORY, featuring Helen Mirren and Gillian Anderson in the follow-up to Lionsgate's breakout box office phenomenon, Kelly Fremon Craig's, MARGARET, produced by Academy Award® winner James L. Brooks and adapted from the beloved Judy Blume classic, and The Hunger Games prequel based on Suzanne Collins' runaway bestseller THE BALLAD OF SONGBIRDS & SNAKES, to be helmed by Hunger Games franchise director Francis Lawrence and produced by Nina Jacobson. Future installments of the SAW franchise will also be included under the deal. Announcement • Feb 27
Sony Pictures and Lionsgate Team Up on New Multi-Year Physical Home Entertainment Distribution Agreement Sony Pictures Home Entertainment Inc. ('SPHE') and Lionsgate announced a multi-year agreement in which SPHE will handle distribution services for Lionsgate's physical home entertainment releases in the United States and Canada. Lionsgate will continue to maintain its own independent sales and marketing teams while leveraging SPHE's best-in-class supply chain and distribution services. The agreement was jointly announced by Jason Spivak, Executive Vice President, Distribution, Sony Pictures Home Entertainment, and Ron Schwartz, President, Worldwide Distribution, Lionsgate Motion Picture Group. SPHE will begin distributing Lionsgate physical home entertainment properties in July. Reported Earnings • Feb 07
Third quarter 2021 earnings released: US$0.063 loss per share (vs US$0.42 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: US$836.4m (down 16% from 3Q 2020). Net loss: US$13.9m (loss narrowed 85% from 3Q 2020). Analyst Estimate Surprise Post Earnings • Feb 07
Revenue beats expectations Revenue exceeded analyst estimates by 8.0%. Over the next year, revenue is forecast to grow 4.9%, compared to a 3.4% growth forecast for the Entertainment industry in Germany. Announcement • Jan 28
Lions Gate Entertainment Corp. to Report Q3, 2021 Results on Feb 04, 2021 Lions Gate Entertainment Corp. announced that they will report Q3, 2021 results After-Market on Feb 04, 2021 Is New 90 Day High Low • Jan 13
New 90-day high: €10.00 The company is up 35% from its price of €7.40 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.70 per share. Is New 90 Day High Low • Dec 28
New 90-day high: €8.70 The company is up 10.0% from its price of €7.90 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Entertainment industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.66 per share. Analyst Estimate Surprise Post Earnings • Nov 09
Revenue misses expectations Revenue missed analyst estimates by 2.9%. Over the next year, revenue is forecast to stay flat compared to a 32% decline forecast for the Entertainment industry in Germany. Reported Earnings • Nov 09
Second quarter 2021 earnings released: US$0.083 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: US$745.0m (down 24% from 2Q 2020). Net loss: US$18.4m (down US$20.2m from profit in 2Q 2020). Announcement • Nov 02
Lionsgate Appoints Kamala Avila-Salmon as Head of Inclusive Content Lionsgate has appointed former Facebook executive Kamala Avila-Salmon as its first head of inclusive content. Under the new role, Avila-Salmon will work across Lionsgate as a partner to help guide decisions around creative content, as well as work with the studio's Chief Diversity Officer, Jamila Daniel, to support internal diversity and inclusion processes and initiatives. Avila-Salmon will report to Lionsgate Motion Picture Group COO Jen Hollingsworth. Avila-Salmon joins Lionsgate from Facebook, where she launched the marketing inclusion discipline within the consumer marketing team. Is New 90 Day High Low • Oct 22
New 90-day low: €6.25 The company is down 7.0% from its price of €6.75 on 24 July 2020. The German market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.44 per share. Announcement • Oct 17
Lions Gate Entertainment Corp. to Report Q2, 2021 Results on Nov 05, 2020 Lions Gate Entertainment Corp. announced that they will report Q2, 2021 results at 5:00 PM, Eastern Standard Time on Nov 05, 2020 Announcement • Sep 30
Rachel Bendavid Joins as Head of Scripted Programming for the Lionsgate and BBC Studios Los Angeles Partnership Rachel Bendavid has been named Head of Scripted Programming for the Lionsgate and BBC Studios Los Angeles partnership. The partnership was formed to identify, co-develop and co-fund scripted formats and original intellectual property for the U.S. market. Bendavid is responsible for overseeing the operations and content initiatives of the television partnership as well as shepherding the development and production of its programming slate. Before joining Lionsgate, Bendavid served as Vice President of Drama Programming for ABC Entertainment. Announcement • Jul 18
Lions Gate Entertainment Corp. to Report Q1, 2021 Results on Aug 06, 2020 Lions Gate Entertainment Corp. announced that they will report Q1, 2021 results at 5:00 PM, Eastern Standard Time on Aug 06, 2020