Lionsgate Reports US$79.6 Million Earnings Boosted By The Hunger Games Franchise
According to The Hollywood Reporter, Lionsgate has reported a second quarter profit US$79.6 million. This is a stark contrast against US$25.3 million loss last year.
Lionsgate’s revenue was boosted with the help of The Hunger Games franchise through home entertainment media including DVDs, Blu-Rays, digital revenue and on demand.
Lionsgate CEO Jon Feltheimer assured expectations will be met or even be exceeded with the help of The Hunger Games franchise in the statement below:
“With the home entertainment release of the first film in our Hunger Games franchise making significant contributions to our results in the quarter, we’re clearly on track to meet or exceed our expectations this year,” Lionsgate CEO Jon Feltheimer said in a statement, with an eye to an analyst call on Friday morning.
Visit The Hollywood Reporter for the full article.
The Hunger Games DVD and Blu-Ray are now available. “The Hunger Games: Catching Fire” is scheduled for release on 22 November 2013 in USA.
Posted on November 9, 2012, in The Hunger Games Movie and tagged CEO, Jon Feltheimer, Lionsgate, Lionsgate Television, Madea’s Witness Protection, Step Up Revolution, The Expendables 2, The Hollywood Reporter, The Hunger Games Movie, The Possession. Bookmark the permalink. Leave a comment.