6 items from 2016
There’s no business quite like showbusiness. Hollywood is a fickle town, and despite investing millions of dollars in a popular product; sometimes things don’t work out the way a studio plans them to. The Hunger Games: Mockingjay Part 2 hit theaters this November and performed far below the expectations of Lionsgate. They seem to have a theory as to why the film underperformed, and it has to do with a combination of current, tragic events, and a galaxy far, far away. As reported by Deadline, Lionsgate Motion Picture Group co-chairman Rob Friedman recently spoke out regarding the somewhat underwhelming performance of The Hunger Games: Mockingjay Part 2. In the report he explains that the film underperformed by $100 million primarily due to the tragic terrorist attacks in Paris in November, as well as the December release of Star Wars: The Force Awakens. There’s some degree of »
Lionsgate shares have been hammered in the wake of disappointing earnings and the company’s decision not to make projections about its future performance for Wall Street.
Shares slid by 33%, falling $8.39 to $17.05 in mid-session trading on the New York Stock Exchange.
The company had cited a soft performance by its movies — mostly notably “The Hunger Games: Mockingjay Part 2” — as the key reason for falling short of Wall Street expectations in its earnings for its third fiscal quarter. The fourth and final “Hunger Games” movie grossed $650 million worldwide, the lowest of the four titles in the hit Jennifer Lawrence franchise.
Lionsgate CEO Jon Feltheimer provided specifics of the impact during an earnings call Friday with analysts. “‘Mockingjay 2’ is underperforming our ultimate profit margins by over $100 million, much of which hit in our guidance period,” he explained.
Feltheimer also said the studio is tracking below its previous forecast for $1.1 billion to »
- Dave McNary
Citing soft performance of its movies, Lionsgate has reported sharply lower earnings of $40.7 million, or 27 cents a share — less than half of the year-ago quarter — for its third fiscal quarter, which ended on Dec. 31.
Revenues fell 11% to 670.5 million. The quarter included Jennifer Lawrence’s fourth and final “Hunger Games” movie, which grossed $652 million worldwide; the ensemble Christmas comedy “Love the Coopers”; and Vin Diesel’s “The Last Witch Hunter.” “Mockingjay — Part 2” earned $280 million at the domestic box office, the lowest sum of the four films.
The studio released the earnings after the market closed Thursday. The results were below the consensus expectation of 34 cents a share. Shares dropped 5%, falling $1.25 to $24.20 in after-hours trading after half an hour.
“While the performance of our theatrical film slate resulted in softer than anticipated results, our other businesses performed strongly in the quarter,” said Lionsgate CEO Jon Feltheimer. “With our television business continuing its robust topline and margin growth, »
- Dave McNary
The finale of Hunger Games phenomenon, Hunger Games: Mockingjay Part 2 is on its way to Blu-Ray, DVD, On Demand, and Digital Download. Along with its release comes the entire Hunger Games Anthology and tons of special features. Read on for more.
On March 8th, 2016, Hunger Games: Mockingjay Part 2 will be available for early Digital Download and March 22nd for the Blu-Ray Combo Pack. On the same day as Part 2's Blu-Ray release, the complete Hunger Games Cinematic Series will be available for fans, and those curious of the series, to watch the entire revolution on Blu-Ray/DVD!
Four years after Jennifer Lawrence first appeared on the big screen as Katniss Everdeen in The Hunger Games, Lionsgate’s (NYSE: Lgf) critically acclaimed series based on Suzanne Collins’ best-selling book trilogy comes to a thrilling resolution in The Hunger Games: Mockingjay - Part 2, arriving on Digital HD »
- email@example.com (Matt Malliaros)
In 2008, Suzanne Collins released “The Hunger Games” into the world. Four years later the movie would cement Jennifer Lawrence as a blockbuster star. But all good things must come to an end. Last year the final installment — “The Hunger Games: Mockingjay Part II” — brought the entirety of Panem society crashing down. If you had read the books, you probably joined in the discussions about whether the film would dare go as far as the novels to show that war rarely has winners. Well, they did it. They dared to blur the line between heroes and villains. In the clip above — exclusive to HitFix Harpy ahead of the home video release — even Katniss isn’t immune to succumbing to her darker instincts. HitFix Harpy is also happy to announce the “The Hunger Games: Mockingjay Part II” Digital HD and Blu-Ray Combo Pack release date! The final chapter can »
- Donna Dickens
Lionsgate Home Entertainment (via EW) the home video release dates for The Hunger Games: Mockingjay - Part 2 starring Jennifer Lawrence, Liam Hemsworth and Josh Hutcherson on Blu-ray, DVD and Digital HD.
Fans of the dystopian franchise's final chapter will naturally get their first shot at watching The Hunger Games: Mockingjay - Part 2 at home with the Digital HD release, set for March 8th. The Hunger Games: Mockingjay - Part 2 Blu-ray and DVD release date lands two weeks later on March 22nd.
Piggybacking off the final film's release is The Hunger Games Complete 4-Film Collection with identical Digital, Blu-ray and DVD release dates as Mockingjay - Part 2. Owners of the first three film's releases on disc or digital formats will be none-to-pleased to learn that the 4-Film Collection will include -- at minimum -- 13 never-before-seen deleted scenes exclusive to the set.
6 items from 2016
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