Film Flops Like ‘Borderlands’ Lead Lionsgate to Steep Quarterly Losses, CEO Jon Feltheimer Acknowledges ‘Disappointing’ Results

“Borderlands,” “The Crow,” and other film flops deflated Lionsgate’s quarterly earnings, leading the movie and TV studio to report a loss of $163.3 million. It was a rough period that Lionsgate CEO Jon Feltheimer attributed to “a transitional, disrupted and difficult year for our industry,” one that saw the studio dealing with the aftershocks from […]