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‘Michael’ Boosts Lionsgate Quarterly Results as Studio Narrows Loss to $29 Million

Variety

EntertainmentVariety·Aug 6, 2026·1 min read

‘Michael’ Boosts Lionsgate Quarterly Results as Studio Narrows Loss to $29 Million

Shamone! Record-breaking biopic “Michael” helped Lionsgate’s movie division turn in a profit of $105 million — its best-ever result for a June quarter. Lionsgate’s Motion Picture segment revenue of $587.3 million more than doubled from the…

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