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Headline, Industry News
Lionsgate full year profit of $27.5M
Thursday May 31st 2007VANCOUVER (CP) _ Independent film studio company Lionsgate reported earnings of $27.5 million for the full-year ended March 31, compared to $6.1 million last year due largely to international sales and television revenue.
The Vancouver and Santa-Monica, Cali-based company, which trades on the New York Stock Exchange, said revenues climbed to $976.7 million compared to $945.4 million last year.
Lionsgate said overall motion picture revenue for fiscal 2007 increased six per cent to $858.2 million.
Theatrical revenue fell 26 per cent to $107.9 million despite the success of such films as Saw III, Crank and Akeelah and the Bee.
Television revenue soared 50 per cent to $109.3 million driven by movies aired on television such as Hostel, Saw II and Larry the Cable Guy.
International revenue jumped 72 per cent to $105.2 million.
Headline, Industry News
Lionsgate full year profit of $27.5M
Thursday May 31st 2007VANCOUVER (CP) _ Independent film studio company Lionsgate reported earnings of $27.5 million for the full-year ended March 31, compared to $6.1 million last year due largely to international sales and television revenue.
The Vancouver and Santa-Monica, Cali-based company, which trades on the New York Stock Exchange, said revenues climbed to $976.7 million compared to $945.4 million last year.
Lionsgate said overall motion picture revenue for fiscal 2007 increased six per cent to $858.2 million.
Theatrical revenue fell 26 per cent to $107.9 million despite the success of such films as Saw III, Crank and Akeelah and the Bee.
Television revenue soared 50 per cent to $109.3 million driven by movies aired on television such as Hostel, Saw II and Larry the Cable Guy.
International revenue jumped 72 per cent to $105.2 million.
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Headline, Industry News
Lionsgate full year profit of $27.5M
Thursday May 31st 2007VANCOUVER (CP) _ Independent film studio company Lionsgate reported earnings of $27.5 million for the full-year ended March 31, compared to $6.1 million last year due largely to international sales and television revenue.
The Vancouver and Santa-Monica, Cali-based company, which trades on the New York Stock Exchange, said revenues climbed to $976.7 million compared to $945.4 million last year.
Lionsgate said overall motion picture revenue for fiscal 2007 increased six per cent to $858.2 million.
Theatrical revenue fell 26 per cent to $107.9 million despite the success of such films as Saw III, Crank and Akeelah and the Bee.
Television revenue soared 50 per cent to $109.3 million driven by movies aired on television such as Hostel, Saw II and Larry the Cable Guy.
International revenue jumped 72 per cent to $105.2 million.
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