The movie grossed $15.4M domestic and close to $33M worldwide.

Lionsgate mitigates risk on its movies by selling off foreign rights.

Still,Borderlands,per sources, is expected to lose as much as $30M.

Cate Blanchett and Jamie Lee Curtis in Borderlands

‘Borderlands’Lionsgate

It was a clear case of a cult game failing to find a broader audience.

Overall, Lionsgates motion picture profit fell to $2.6M during the quarter due to the string of bombs.

Said Feltheimer, we will also ensure that when we take bigger swings, were taking measured swings.

Borderlands movie

‘Megalopolis’Lionsgate Films / Courtesy Everett Collection