Lionsgate Ups Fiscal-Year Home Entertainment Revenue 8% to $713 Million

The Housemaid

Erik Gruenwedel

Lionsgate May 27 reported home entertainment revenue of $713.4 million in the fiscal year ended March 31. That was up 8.3% from revenue of $658.2 million in the prior year period, according to a regulatory filing.

The tally included $499.1 million in Lionsgate original movies and $214.3 million in third-party titles distributed under license agreement. The totals compared with $436.3 million in original movies and $221.9 million in third-party titles in the previous-year period.

Top-selling titles included The Housemaid, Now You See Me, Now You Don’t, Greenland 2: Migration, The Long Walk and Good Fortune.

Transactional VOD revenue increased 12% to $668.7 million from $598.2 million in the prior year, with original titles generating $471.9 million in revenue and third-party content $196.8 million.

Packaged media revenue dropped 25% to $44.7 million from $60 million, with original content representing $27.2 million and licensed fare generating $17.5 million. That compared with $38.4 million in original disc sales and $21.6 million in licensed titles last year.

Television show TVOD revenue dropped 7% to $174.6 million from $188.1 million, with original shows generating $171.7 million and shows on disc tallying $2.9 million. That compared with $184 million in original shows TVOD revenue and $4.1 million in packaged media revenue last year.

Theatrical revenue, which doesn’t include the Michael Jackson music biopic Michael, totaled $176.9 million, up 15% from $154.1 million. Original feature films tallied $169 million with licensed titles totaling $7.9 million. That compared with $149.3 million in original movies and $4.8 million in licensed titles last year.

Top-grossing box office releasesin the quarter included The Housemaid, I Can Only Imagine 2 and Greenland 2: Migration.

Lionsgate holds a 20,000-title content library of both movies and TV shows. The trailing 12-month library catalog achieved a record $1 billion in revenue for the third consecutive fiscal quarter through March 31.


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BallingNews Staff
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