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Lions Gate Entertainment Corp

What’s ahead for franchises, theaters

Timothee Chalamet stars in Warner Bros.' "Dune."Warner Bros.Mean girls, Spider-Women and sandworms will headline the 2024 box office — and they'll have to do some heavy lifting.The March 1 release of "Dune: Part Two," the delayed and much-anticipated follow-up to Denis Villeneuve's 2021 science fiction epic is expected to attract hordes of moviegoers.It's arguably the most notable release in what's slated to be a franchise frenzy this year, as studios like Warner Bros., Disney, Universal and Paramount lean on familiar…

Wonka, Color Purple, Aquaman box office crucial for Hollywood

Timothee Chalamet stars as a young Willy Wonka in Warner Bros.' "Wonka."Warner Bros. DiscoveryLOS ANGELES — There are just a few weeks left at the 2023 box office, and they'll be dominated by movies from Warner Bros.The studio is capping off the year with three big features — "Wonka," "Aquaman and the Lost Kingdom" and "The Color Purple" — although it's unclear whether any or all of them will be hits.December is a crucial time for the domestic box office. In the five years before the pandemic, the month accounted for more…

Disney ‘Wish’ disappoints at the Thanksgiving box office

Ariana DeBose stars as Asha in Disney's new animated film "Wish."DisneyDisney needs to do more than wish on some stars to get out of its animation rut.It's latest animated feature "Wish," billed as a celebration of 100 years of storytelling, fumbled at the box office during the Thanksgiving holiday weekend. It tallied just $31.6 million over the five-day period, far below box office analysts' expectations of between $45 million and $55 million.Lionsgate's "Hunger Games: The Ballad of Songbirds and Snakes" took the top…

Disney needs an animation hit: Is it Wish?

Ariana DeBose stars as Asha in Disney's new animated film "Wish."DisneyDisney is wishing on a shooting star this week, hoping that its celebratory 100th anniversary film "Wish" will mark a turning point for its beleaguered animation division and jumpstart the Thanksgiving box office.The House of Mouse posted its biggest year ever theatrically in 2019 — with a whopping seven films surpassing $1 billion in global ticket sales — but has yet to recapture that magic even after relaxed Covid restrictions brought moviegoers back…

Ballad of Songbirds and Snakes’ opening weekend box office

Tom Blyth and Rachel Zegler star as Coriolanus Snow and Lucy Gray Baird in Lionsgate's "Hunger Games: The Ballad of Songbirds and Snakes."Lionsgate"Snow lands on top."It's the mantra of the main character Coriolanus Snow in the upcoming "Hunger Games: The Ballad of Songbirds and Snakes" and the hope of its distributor Lionsgate.The prequel to the $3 billion Hunger Games franchise, based on the 2020 novel of the same name by author Suzanne Collins, is a standalone film set some 60 years before Katniss Everdeen volunteers…

How Disney can save the Marvel Cinematic Universe

ANAHEIM, CALIFORNIA - AUGUST 24: President of Marvel Studios Kevin Feige took part today in the Walt Disney Studios presentation at Disney’s D23 EXPO 2019 in Anaheim, Calif. (Photo by Jesse Grant/Getty Images for Disney)Jesse Grant | Getty Images Entertainment | Getty ImagesWhat is the Marvel Cinematic Universe without heroes like Iron Man, Captain America and Black Widow? A little lost, it seems.It's been just four years since "Avengers: Endgame" tied a neat bow on a decade's worth of interconnected blockbuster…

John Wick franchise tops $1 billion at global box office

Keanu Reeves stars in "John Wick: Chapter 4."LionsgateWhat started with a retired hitman avenging his murdered dog has turned into a billion-dollar blockbuster movie franchise for Lionsgate.This week, the John Wick series, comprised of four films starring Keanu Reeves in the titular role, crossed $1 billion at the global box office.Each film has generated significantly more box office returns that its predecessor, a dynamic that's rare in Hollywood. The first "John Wick" was widely praised by critics and audiences for its…

Nelson Peltz’s attempt to join Disney’s board could force accountability

If Nelson Peltz were to win his fight to join Walt Disney 's (DIS) board of directors, the activist investor could force a level of accountability at the company that's sorely needed. Peltz is the CEO and founder of Trian Partners, an investment firm that owns 9.4 million shares of Disney valued at nearly $940 million based Thursday's close under $100. The firm late Wednesday issued a white paper, making a case to put Peltz on the board to help remediate Disney's problems, including corporate governance challenges, poor…

Marvel sequels are most anticipated movies of 2023: Fandango survey

Still image from Spider-Man Into The Spider-VerseSource: Sony PicturesMovie fans apparently can't get enough of superheroes.A trio of upcoming Marvel movies − the newest installments of the Guardians of the Galaxy, Spider-Man and Ant-Man franchises − are the top three most anticipated films for 2023, according to a new survey by Fandango.related investing newsMoviegoers also said they plan to head to theaters more often than they did this year, according to the survey, which was conducted in early December and is based on…

Lionsgate leans toward spinning off studio business instead of Starz

Michael BurnsMichael Newberg | CNBCLionsgate is leaning toward spinning off its studio division rather than its Starz cable and streaming unit, according to people familiar with the matter.Shares of the company jumped about 4% in premarket trading.This would be a change in strategy for the media and entertainment company, which said in May it expected to finalize a spin or sale of Starz by the end of summer. In recent months, Lionsgate has held talks to sell a 20% stake in Starz to a number of potential buyers, including…