Lionsgate reported revenue for its fiscal fourth quarter on Thursday that fell shy of Wall Street expectations, as the film business experienced a 20% decline in revenue in 2018.
The film and TV company reported a net loss of $159 million, or a loss of 72 cents per share, after reporting earnings of 41 cents per-share during the same period a year ago. Wall Street analysts tracked by Yahoo Finance had forecast Lionsgate would report a loss of 6 cents per-share. The company said that when adjusted, however, it was per-share earnings of 11 cents.
Revenue for the quarter was $914 million, a decline compared with the same period a year ago, during which Lionsgate generated revenue of $1.04 billion. Analysts expected revenue to hit $949.44 million in the quarter.
Also Read: Lionsgate Hires Former Warner Bros. Executive Lynn Whitney to Head Worldwide Paid Media
“We’ve completed a very active and productive fiscal 2019 in which we set in place...
The film and TV company reported a net loss of $159 million, or a loss of 72 cents per share, after reporting earnings of 41 cents per-share during the same period a year ago. Wall Street analysts tracked by Yahoo Finance had forecast Lionsgate would report a loss of 6 cents per-share. The company said that when adjusted, however, it was per-share earnings of 11 cents.
Revenue for the quarter was $914 million, a decline compared with the same period a year ago, during which Lionsgate generated revenue of $1.04 billion. Analysts expected revenue to hit $949.44 million in the quarter.
Also Read: Lionsgate Hires Former Warner Bros. Executive Lynn Whitney to Head Worldwide Paid Media
“We’ve completed a very active and productive fiscal 2019 in which we set in place...
- 5/23/2019
- by Trey Williams
- The Wrap
BBC Studios and Lionsgate have appointed Dan McDermott, the first president of television for DreamWorks, as head of their television partnership, the two companies said Tuesday.
In his newly-created role, McDermott will be responsible for overseeing the operations of Lionsgate and BBC Studios’ new partnership, a venture created to identify, co-develop and co-fund scripted formats and original intellectual property for the U.S. market, while shepherding its content initiatives.
“Dan’s business acumen and deep roots in the creative community make him the perfect candidate to lead the charge on this collaboration with our great partners at BBC Studios,” Lionsgate Television chairman Kevin Beggs said. “He is not only an experienced media executive but an incredibly talented content creator responsible for some of television’s most iconic properties. We’re excited to be working with him and can’t wait to see all the amazing content he’ll bring to our programming slate.
In his newly-created role, McDermott will be responsible for overseeing the operations of Lionsgate and BBC Studios’ new partnership, a venture created to identify, co-develop and co-fund scripted formats and original intellectual property for the U.S. market, while shepherding its content initiatives.
“Dan’s business acumen and deep roots in the creative community make him the perfect candidate to lead the charge on this collaboration with our great partners at BBC Studios,” Lionsgate Television chairman Kevin Beggs said. “He is not only an experienced media executive but an incredibly talented content creator responsible for some of television’s most iconic properties. We’re excited to be working with him and can’t wait to see all the amazing content he’ll bring to our programming slate.
- 5/7/2019
- by Jennifer Maas
- The Wrap
Lionsgate announced Wednesday that it has signed Jonathan Levine, director of the new comedy “Long Shot,” to a first-look film and television deal. Levine will base his new production company Megamix at Lionsgate and will work alongside Megamix partner Gillian Bohrer.
The deal is the latest in a series of production deals made by Lionsgate Motion Picture Group President Nathan Kahane and Chairman Joe Drake as the pair continues to build its studio and talent pool. During its CinemaCon presentation, Lionsgate prominently displayed its first look deal with new faith-based production banner Kingdom Studios, and announced a new deal with Seth Rogen, James Weaver and Evan Goldberg’s Point Grey Pictures.
Also Read: 'Avengers: Endgame' Eyes Another Super-Powered Box Office Haul in 2nd Weekend
Under Kahane and Drake, Lionsgate is aiming to rebrand itself as a creator-driven studio where artists have the freedom to create their projects for any platform.
The deal is the latest in a series of production deals made by Lionsgate Motion Picture Group President Nathan Kahane and Chairman Joe Drake as the pair continues to build its studio and talent pool. During its CinemaCon presentation, Lionsgate prominently displayed its first look deal with new faith-based production banner Kingdom Studios, and announced a new deal with Seth Rogen, James Weaver and Evan Goldberg’s Point Grey Pictures.
Also Read: 'Avengers: Endgame' Eyes Another Super-Powered Box Office Haul in 2nd Weekend
Under Kahane and Drake, Lionsgate is aiming to rebrand itself as a creator-driven studio where artists have the freedom to create their projects for any platform.
- 5/1/2019
- by Jeremy Fuster
- The Wrap
Lionsgate announced that Alice Dickens-Koblin will head development and production unscripted programming for both Lionsgate TV and Starz.
Dickens-Koblin, whose title is senior vice president, head of unscripted programming, for Starz and Lionsgate, replaces Jennifer O’Connell, who left the company.
“We’re thrilled to promote an executive from within the Starz ranks to this key leadership position in our television business,” said Lionsgate Television Group chairman Kevin Beggs. “Alice is a talented executive with great programming skills and strong talent relationships who has already energized Starz’s unscripted slate, and she is ideally qualified to move our unscripted business company-wide to the next level.”
Also Read: Lionsgate Hires Former Warner Bros. Executive Lynn Whitney to Head Worldwide Paid Media
Additionally, Lionsgate and Starz are merging their physical production and post-production units, legal and TV music departments as well as aspects of business affairs and TV finance related to production.
Dickens-Koblin, whose title is senior vice president, head of unscripted programming, for Starz and Lionsgate, replaces Jennifer O’Connell, who left the company.
“We’re thrilled to promote an executive from within the Starz ranks to this key leadership position in our television business,” said Lionsgate Television Group chairman Kevin Beggs. “Alice is a talented executive with great programming skills and strong talent relationships who has already energized Starz’s unscripted slate, and she is ideally qualified to move our unscripted business company-wide to the next level.”
Also Read: Lionsgate Hires Former Warner Bros. Executive Lynn Whitney to Head Worldwide Paid Media
Additionally, Lionsgate and Starz are merging their physical production and post-production units, legal and TV music departments as well as aspects of business affairs and TV finance related to production.
- 5/1/2019
- by Tim Baysinger
- The Wrap
Lionsgate announced Wednesday that Lynn Whitney will become head of worldwide paid media, partnerships, promotions and consumer products. Whitney was formerly the executive VP of worldwide media at Warner Bros.
In her new role, Whitney will build out media campaigns for movies like Seth Rogen and Charlize Theron’s romantic comedy “Long Shot.”
“I am tremendously excited and honored to be a part of the new marketing team Lionsgate is assembling,” Whitney said in a statement. “I love the creative, entrepreneurial and innovative spirit of Lionsgate and more than anything, I love the group [president of worldwide marketing Damon Wolf] is putting in place, bringing so many unique voices to the table. There is an electricity and camaraderie here that I have not felt since the days when I was a member of the start-up team that launched Fox Broadcasting. This feels like something different and very unique.”
Wolf said, “Let’s face it,...
In her new role, Whitney will build out media campaigns for movies like Seth Rogen and Charlize Theron’s romantic comedy “Long Shot.”
“I am tremendously excited and honored to be a part of the new marketing team Lionsgate is assembling,” Whitney said in a statement. “I love the creative, entrepreneurial and innovative spirit of Lionsgate and more than anything, I love the group [president of worldwide marketing Damon Wolf] is putting in place, bringing so many unique voices to the table. There is an electricity and camaraderie here that I have not felt since the days when I was a member of the start-up team that launched Fox Broadcasting. This feels like something different and very unique.”
Wolf said, “Let’s face it,...
- 4/24/2019
- by Daniel Nissen
- Variety Film + TV
Lynn Whitney, who exited as Warner Bros’ Evp Worldwide Media last summer after a 10-year run at the studio, has been hired at Lionsgate Motion Picture Group as Head of Worldwide Paid Media, Partnerships, Promotions and Consumer Products. The move was unveiled Wednesday by Damon Wolf, president of Worldwide Marketing at the group.
In her new role, Whitney will be tasked with building out media campaigns, utilizing and advancing the micro-targeting capabilities of the Lionsgate Data Center. As for the Partnerships, Promotions and Consumer Products aspects, Whitney will now oversee a single new-media unit within the studio’s reimagined Global Marketing division.
Paula Kupfer, who runs Consumer Products, will now report to Whitney.
“Let’s face it, in our world, Lynn Whitney is the lead singer of the media rock band. Having this rock star join our group at this critical time is a kick ass coup and huge asset...
In her new role, Whitney will be tasked with building out media campaigns, utilizing and advancing the micro-targeting capabilities of the Lionsgate Data Center. As for the Partnerships, Promotions and Consumer Products aspects, Whitney will now oversee a single new-media unit within the studio’s reimagined Global Marketing division.
Paula Kupfer, who runs Consumer Products, will now report to Whitney.
“Let’s face it, in our world, Lynn Whitney is the lead singer of the media rock band. Having this rock star join our group at this critical time is a kick ass coup and huge asset...
- 4/24/2019
- by Patrick Hipes
- Deadline Film + TV
Lionsgate marketing President Damon Wolf announced on Wednesday that the studio has hired former Warner Bros. executive Lynn Whitney as the new head of worldwide paid media, partnerships, promotions and consumer products.
Lionsgate has charged Whitney with aggressively building out media campaigns and utilizing and advancing the targeting capabilities of Lionsgate’s Data Center. In addition to paid media, Whitney will also oversee partnerships, promotions and consumer products, led by Paula Kupfer, who will report to Whitney, under a single synergistic new media unit within the studio’s reimagined global marketing division.
“I am tremendously excited and honored to be a part of the new marketing team Lionsgate is assembling,” Whitney said in a statement. “I love the creative, entrepreneurial and innovative spirit of Lionsgate and more than anything, I love the group Damon is putting in place, bringing so many unique voices to the table. There is an electricity...
Lionsgate has charged Whitney with aggressively building out media campaigns and utilizing and advancing the targeting capabilities of Lionsgate’s Data Center. In addition to paid media, Whitney will also oversee partnerships, promotions and consumer products, led by Paula Kupfer, who will report to Whitney, under a single synergistic new media unit within the studio’s reimagined global marketing division.
“I am tremendously excited and honored to be a part of the new marketing team Lionsgate is assembling,” Whitney said in a statement. “I love the creative, entrepreneurial and innovative spirit of Lionsgate and more than anything, I love the group Damon is putting in place, bringing so many unique voices to the table. There is an electricity...
- 4/24/2019
- by Trey Williams
- The Wrap
Former Warner Bros. veteran Lynn Whitney has joined the Lionsgate Motion Picture Group as head of worldwide paid media, partnerships, promotions and consumer products.
Whitney bolsters a theatrical marketing team at Lionsgate led by Damon Wolf, who last year replaced Tim Palen as president of worldwide theatrical marketing. She is already at work on global theatrical campaigns for Lionsgate’s 2019 film slate, which includes the Seth Rogen and Charlize Theron romantic comedy Long Shot; John Wick: Chapter 3 – Parabellum, starring Keanu Reeves; the Gerald Butler-starrer Angel Has Fallen; and Roland Emmerich’s World War II action film Midway.
Whitney exited Warner Bros....
Whitney bolsters a theatrical marketing team at Lionsgate led by Damon Wolf, who last year replaced Tim Palen as president of worldwide theatrical marketing. She is already at work on global theatrical campaigns for Lionsgate’s 2019 film slate, which includes the Seth Rogen and Charlize Theron romantic comedy Long Shot; John Wick: Chapter 3 – Parabellum, starring Keanu Reeves; the Gerald Butler-starrer Angel Has Fallen; and Roland Emmerich’s World War II action film Midway.
Whitney exited Warner Bros....
- 4/24/2019
- The Hollywood Reporter - Movie News
Former Warner Bros. veteran Lynn Whitney has joined the Lionsgate Motion Picture Group as head of worldwide paid media, partnerships, promotions and consumer products.
Whitney bolsters a theatrical marketing team at Lionsgate led by Damon Wolf, who last year replaced Tim Palen as president of worldwide theatrical marketing. She is already at work on global theatrical campaigns for Lionsgate’s 2019 film slate, which includes the Seth Rogen and Charlize Theron romantic comedy Long Shot; John Wick: Chapter 3 – Parabellum, starring Keanu Reeves; the Gerald Butler-starrer Angel Has Fallen; and Roland Emmerich’s World War II action film Midway.
Whitney exited Warner Bros....
Whitney bolsters a theatrical marketing team at Lionsgate led by Damon Wolf, who last year replaced Tim Palen as president of worldwide theatrical marketing. She is already at work on global theatrical campaigns for Lionsgate’s 2019 film slate, which includes the Seth Rogen and Charlize Theron romantic comedy Long Shot; John Wick: Chapter 3 – Parabellum, starring Keanu Reeves; the Gerald Butler-starrer Angel Has Fallen; and Roland Emmerich’s World War II action film Midway.
Whitney exited Warner Bros....
- 4/24/2019
- The Hollywood Reporter - Film + TV
Exclusive: Dana Nussbaum has been upped to Evp Media at Warner Bros Pictures Group, with responsibility for media planning and buying activities for the studio’s film, home entertainment and video game divisions. Nussbaum will report to Blair Rich, president of Warner Bros Pictures & Home Entertainment Worldwide Marketing.
Lynn Whitney, who had been Evp Media, is exiting Warner Bros Pictures.
Prior to her promotion, Nussbaum served as Svp Media. In her new position, she will oversee an integrated media team across theatrical, home entertainment and gaming, and foster a life-cycle approach to planning from theatrical release through home entertainment windows. She will direct and oversee upfront planning and buying for TV, experiential and outdoor, driving advancement in those areas with an audience-based approach to media, as well as lead the development and execution of media sponsorships.
Nussbaum will collaborate with the digital media and analytics team as the groups plan...
Lynn Whitney, who had been Evp Media, is exiting Warner Bros Pictures.
Prior to her promotion, Nussbaum served as Svp Media. In her new position, she will oversee an integrated media team across theatrical, home entertainment and gaming, and foster a life-cycle approach to planning from theatrical release through home entertainment windows. She will direct and oversee upfront planning and buying for TV, experiential and outdoor, driving advancement in those areas with an audience-based approach to media, as well as lead the development and execution of media sponsorships.
Nussbaum will collaborate with the digital media and analytics team as the groups plan...
- 8/28/2018
- by Anthony D'Alessandro
- Deadline Film + TV
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