{"id":3206,"date":"2018-02-08T14:20:43","date_gmt":"2018-02-08T22:20:43","guid":{"rendered":"https:\/\/www.mediaplaynews.com\/?p=3206"},"modified":"2018-02-08T17:03:24","modified_gmt":"2018-02-09T01:03:24","slug":"lionsgate-ups-q3-home-entertainment-revenue","status":"publish","type":"post","link":"https:\/\/www.mediaplaynews.com\/lionsgate-ups-q3-home-entertainment-revenue\/","title":{"rendered":"Lionsgate Ups Q3 Home Entertainment Revenue"},"content":{"rendered":"<p>Lionsgate Feb. 8 reported third-quarter (ended Dec. 31, 2017) home entertainment revenue of $216.7 million, which was up 12.7% from revenue of $192.2 million during the previous-year period.<\/p>\n<p>Home entertainment includes Lionsgate\u2019s legacy studio and former Starz Distribution (Anchor Bay Home Entertainment) business.<\/p>\n<p>Specifically, the studio generated $185.3 million from the sale of movies, up 11% from $167 million during the previous-year period. Sales of TV content declined 13.3% to $20.2 million.<\/p>\n<p>Top-selling 2017 packaged media release, <em>John Wick: Chapter 2<\/em>, generated $29.2 million on sales of 1.67 million combined DVD\/Blu-ray Disc units, according to <em>The\u2013Numbers.com<\/em>. Data does not include 4K UHD Blu-ray and digital retail.<\/p>\n<p>Media Networks reported revenue of $11.2 million, up from $1.9 million last year.<\/p>\n<p>Overall, Media Networks revenue increased 6% to $382.9 million driven by higher over-the-top (OTT) revenue growth and revenue from worldwide digital media licensing arrangements, offset in part by subscriber losses at certain MVPD&#8217;s.<\/p>\n<p>Theatrical revenue increased 14% to $539.1 million due to strong domestic box office of <em>Wonder<\/em> and continued international performance of <em>La La Land<\/em> and <em>American Assassin<\/em>. Segment profits of $54.3 million compared to $55.9 million in the prior year quarter.<\/p>\n<p>Television production revenue of $227.3 million compared to $231.0 million in the prior-year quarter. Revenue was comparable to the prior year quarter as increased revenue from deliveries of television series were partially offset by a decrease in syndicated licensing revenue. Segment profits of $22.7 million compared to $27.5 million in the prior year quarter.<\/p>\n<p>Lionsgate&#8217;s backlog \u2013 contracted future revenue on the licensing of film and television product not yet recorded \u2013 was $1.2 billion at Dec. 31, 2017.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lionsgate Feb. 8 reported third-quarter (ended Dec. 31, 2017) home entertainment revenue of $216.7 million, which was up 12.7% from revenue of $192.2 million during the previous-year period. Home entertainment includes Lionsgate\u2019s legacy studio and former Starz Distribution (Anchor Bay Home Entertainment) business. Specifically, the studio generated $185.3 million from the sale of movies, up &hellip; <a href=\"https:\/\/www.mediaplaynews.com\/lionsgate-ups-q3-home-entertainment-revenue\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Lionsgate Ups Q3 Home Entertainment Revenue&#8221;<\/span><\/a><\/p>\n","protected":false},"author":9,"featured_media":3207,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[166,3,333,271,268,375],"tags":[641,211,380],"coauthors":[65],"class_list":["post-3206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial","category-news","category-retail","category-studios","category-theatrical","category-tv","tag-john-wick-chapter-2","tag-lionsgate","tag-starz"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lionsgate Ups Q3 Home Entertainment Revenue - Media Play News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mediaplaynews.com\/lionsgate-ups-q3-home-entertainment-revenue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lionsgate Ups Q3 Home Entertainment Revenue - Media Play News\" \/>\n<meta property=\"og:description\" content=\"Lionsgate Feb. 8 reported third-quarter (ended Dec. 31, 2017) home entertainment revenue of $216.7 million, which was up 12.7% from revenue of $192.2 million during the previous-year period. Home entertainment includes Lionsgate\u2019s legacy studio and former Starz Distribution (Anchor Bay Home Entertainment) business. 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