LIONSGATE REPORTS RESULTS FOR FOURTH QUARTER AND FULL YEAR FISCAL 2021
Fourth Quarter Revenue was $876.4 Million; Operating Income was $14.3 Million; Net Loss Attributable to Lionsgate Shareholders was $37.7 Million or $0.17 Diluted Net Loss per Share
Adjusted OIBDA was $77.4 Million
STARZ Global Subscribers Increased to 29.5 Million, including 69% Year-Over-Year Growth to 16.7 Million Global Streaming Subscribers; Domestic Streaming Subscribers Hit 10 Million Mark
Film & Television Library Revenue Reaches Record $780 Million for Trailing 12 Months
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SANTA MONICA, Calif. and VANCOUVER, B.C., May 27, 2021 /PRNewswire/ Lionsgate (NYSE: LGF.A, LGF.B) today reported fourth quarter (quarter ended March 31, 2021) revenue of $876.4 million, operating income of $14.3 million and net loss attributable to Lionsgate shareholders of $37.7 million or $0.17 diluted net loss per share on 221.2 million diluted weighted average common s
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AT&T and Discovery announced plans to spinoff AT&T s WarnerMedia business on Monday.
The deal would see Discovery absorb big-name brands such as HBO, CNN, and film studio Warner Bros.
We ve got the names of the top dealmakers who put the transaction together.
Some of Wall Street s biggest stars were tapped to help hammer out the deal between AT&T s WarnerMedia division and Discovery, which was announced on Monday.
A flashy battalion of big-name bankers from some of the Street s top technology, media, and telecom advisory shops came together to work on the deal, which will create an entity valued at roughly $130 billion including debt. Powerhouse attorneys from white-shoe law firms including Sullivan & Cromwell and Debevoise & Plimpton also helped along the way.