Lionsgate Revenue Drops 8% in June Quarter, Starz Loses 500,000 Subscribers

Lionsgate, still feeling ripple effects from last year’s twin Hollywood strikes, reported a decline in sales and while narrowing its net loss for the June quarter, as its Starz unit shed 500,000 subscribers. Revenue for the quarter was $834.7 million, down 8%. The company reported a net loss of $59.4 million, translating into a loss of […]
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