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.
‘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.
‘Megalopolis’Lionsgate Films / Courtesy Everett Collection