Lionsgate Beats Quarterly Forecasts, Starz to Exit Latin America by Year End

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Lionsgate beat Wall Street analysts’ forecasts for the first quarter of its fiscal 2024, with revenue climbing 2% as the company’s library posted more robust results

beat Wall Street analysts’ forecasts for the first quarter of its fiscal 2024, with revenue climbing 2% as the company’s library posted more robust results.would focus on the U.S., UK and Canada, exiting Latin America before the end of the year.

Over the past few years, during a different operating climate, the premium cable and streaming programmer had set ambitious global expansion plans but has reined them in more recent times. Starz is slated to split from the company’s studio business in the coming weeks.

 

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