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Lionsgate Pulled in Over $950 Million in FY 2006

June 15th, 2006 12:36pm EDT
CrashLionsgate, the leading independent film entertainment studio, just reported revenues of $951.2 million for fiscal year (FY) 2006 (fiscal year ended March 31, 2006), an increase of 13% compared to $842.6 million in fiscal 2005.

Lionsgate's theatrical revenue of $145.5 million in fiscal 2006 increased 2% compared to $142.8 million in fiscal 2005, propelled by such number-one box office hits as Saw II, Madea's Family Reunion, Hostel, the Best Picture Academy Award-winning Crash, Lord Of War, The Devil's Rejects and Waiting.

Video revenue of $527.2 million in fiscal 2006 grew 13% from $465.3 million in fiscal 2005, driven by strong theatrical DVD titles such as Saw II, Crash, Diary Of A Mad Black Woman, Lord Of War, Waiting and The Devil's Rejects and the family home entertainment titles "Barbie And The Magic Of Pegasus," "Barbie Mermaidia' and Marvel's "The Ultimate Avengers."

International revenue of $61.2 million in fiscal 2006 decreased 23% compared to $79.5 million in fiscal 2005. International revenues were driven by Saw II, Saw, In The Mix, Happy Endings, Hotel Rwanda and The Devil's Rejects.

Television revenue (included in motion picture revenue and primarily derived from pay television license fees and pay-per-view) was $72.9 million in fiscal 2006, an 18% increase from $61.6 million in fiscal 2005. Significant television license fees in fiscal 2006 included Saw, Diary Of A Mad Black Woman, Crash, Open Water and The Cookout.

Television production revenue of $132.9 million in fiscal 2006 grew by 60% compared to $82.8 million in fiscal 2005, led by deliveries of 82 hours of one-hour drama series, 10 half-hours of half-hour drama series, international sales of one-hour series and television movies. Principal revenue drivers were domestic deliveries of Wildfire, The Dead Zone, "Missing," "The Cut" and Weeds. With nine prime time series (eight cable and one broadcast) scheduled to air in fiscal 2007 and a growing international sales business, Lionsgate's television operations are poised for continued growth.


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