So there have been quite a few things.
But we are definitely there.
Were on were on track for a mid to late April close, Barge said.
Lionsgate’s LA headquartersGetty
The good news is we dont really have a linear business.
Were still in regulatory review of our joint proxy/registration statement with the SEC.
Lionsgate unveiled split plans some time ago but its taking longer than many expected to become official.
Motion pictures continued softer although that has turned around in the current quarter.
Net losses narrowed sharply to $18.5 million from $107.4 million.
The studio had a tough second half of 2024 untilBest Christmas Pageant Everhit in November.
It reversed the trend in the current quarter with two top January openings inDen of Thieves: PanteraandFlight Risk.
Overall, studio revenue of $713.8 million nosed up 3% from the prior year quarter.
Operating income of $112 million jumped 45%.
Revenue and profit dipped at Starz.
The Lionsgate Studios and Starz will soon split into two stand-alone companies.
