The Traderszone Network

Published in TZ Latest News 30 May, 2017 by The TZ Newswire Staff

Lions Gate Earnings: The Starz Align

Lions Gate Entertainment Corp. (NYSE: LGF-A) (NYSE: LGF-B) reported its first full quarter since closing its acquisition of Starz, the premium cable television operator. The resulting diversity in operations should deliver more stability for the combined company. The addition of the cable operator provides consistent subscriber-based revenue that will help offset the volatility and seasonality associated with Lions Gate’s box office business, and provide additional scale for the movie and television studio.

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