Entertainment

  2010 SEP 3 - (VerticalNews.com) -- Fresh off its number one debut at the North American box office with an opening weekend gross of $34.8 million, Lionsgate (NYSE: LGF), the leading next generation studio, has licensed its hard-hitting action thriller THE EXPENDABLES to Spike TV for its first free television window, the two companies announced. The film will premiere on Spike TV in April 2013.

  The sale follows on the heels of the Company's recent licensing of the action hit KICK ASS to Spike TV. THE EXPENDABLES, directed, starring and cowritten by Sylvester Stallone, is currently the number one movie in North America and brings together an iconic cast of action stars never before seen in one film, including Stallone, Jason Statham, Jet Li, Dolph Lundgren, Eric Roberts, Randy Couture, Steve Austin, David Zayas, Terry Crews and Mickey Rourke ...read more

  2010 AUG 27 - (VerticalNews.com) -- Lionsgate (NYSE:LGF), the leading next generation studio, reported revenue of $326.6 million and adjusted EBITDA of negative $13.7 million for the first quarter of fiscal year 2011 (quarter ended June 30, 2010).

  Revenue declined 14% compared to the prior year's first quarter due primarily to the deconsolidation of TV Guide Network revenue, timing of television deliveries, decline in Mandate Pictures revenue compared to a record quarter last year as well as a decline in home entertainment revenue attributable to the smaller theatrical slate in fiscal 2010 ...read more

  2010 AUG 27 - (VerticalNews.com) -- Just like its title character, the DVD, Blu-ray and digital download debut of Kick-Ass did not need any superpowers to take down the competition on the weekly charts as it proved dominant across all revenue channels this past week. Released by Lionsgate® (NYSE:LGF), the leading next generation studio, Kick-Ass has debuted number one on the DVD sales chart. The Blu-ray combo pack of the film (three discs- including Blu-ray, DVD and digital copy), also debuted at number one. In addition, the release came out of its first weekend as the top movie download on the iTunes store, Zune and Sony/Playstation and achieved the biggest digital week performance ever by a Lionsgate title ...read more