When it came to the bombing of Borderlands, among other late summer and fall releases, Lionsgate CEO Jon Feltheimer made no bones about emphasizing culpa nostra. “On Borderlands, nearly everything that could go wrong did go wrong: it sat on the shelf for too long during the pandemic, and reshoots and rising interest rates took it outside
Jon Feltheimer
Lionsgate posted soft quarterly earnings with revenue of $745 million down 20% from $938 million the year earlier and below Wall Street expectations. The motion picture producer and distributor, which just announced it’s laying off 15% of its global motion pictures group, said it swung to a net loss of $18.4 million from a $1.8