Lionsgate Targets $50 Million Revenue Run Rate for Products & Experiences by Fiscal 2028
Lionsgate Studios Corp. (LION) reported strong performance in its second quarter of fiscal 2027, noting that the company's strategic initiatives are aligning with its long-term financial goals. Management expressed high confidence in their current year forecast, specifically highlighting expected growth in adjusted operating income before depreciation and amortization (OIBDA). A key component of the company's future growth strategy is the expansion of its consumer products and experiences division. Lionsgate aims to reach a global revenue run rate of approximately $50 million from this segment by the end of fiscal year 2028, diversifying its income streams beyond traditional content distribution.
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