Lionsgate, led by CEO Jon Feltheimer, has released its fourth quarter financial results for Lionsgate Studios comprised of its Motion Picture and TV production divisions after completing the spinoff of the media giants studio business from Starz to create separately traded companies and stocks.

The Hollywood studio now excluding the Starz results recorded a fourth quarter net profit attributable to shareholders at $21.9 million, compared to a year-earlier $47 million loss, on overall revenue rising 22 percent sharply to $1.06 billion, against a year-earlier $879.9 million. Lionsgate during its latest financial quarter rolled out Flight Risk and Den of Thieves 2: Pantera at the multiplex, and delivered the scripted series The Rookie, Ghosts and Acapulco, while also licensing The Chosen to Amazon Prime and The Rookie to Disney+.

The media giant posted an adjusted earnings per-share profit of 21 cents, compared to a year-earlier per-share loss of 5 cents. Adjusted OIBDA rose 49 percent to $138.3 million.

During the quarter to March 31, 2025, the companys studios business, which combines the Motion Picture and TV production segments, saw Motion Picture revenue rise to $526.4 million, compared to $410.6 million in the same period of 2024, while the TV production revenue reached $543.3 million, up 16 percent from a year-earlier $469.3 million on a higher number of episodic deliveries, compared to last years fourth quarter impacted by the Hollywood strikes.

The segment profit, a key metric, for the Motion Picture division soared to $135.3 million, compared to a year-earlier $82.2 million. The TV Production segment profit fell back to $40.6 million, against a year-earlier $52.6 million.

The media giant launched Lionsgate Studios as a standalone, publicly traded company, split off from the Starz premium cable and streaming outlet now also a standalone company with shares trading on the NASDAQ exchange.

The two companies still have ties on screen, as Lionsgate Television produces the flagshipPowerfranchise for Starz along withBMF, P-Valleyand the upcoming seriesThe Hunting Wives. Starz, which continues to drive into the digital space, has around 20 million domestic subscribers on cable, satellite and streaming platforms.

Launching Lionsgate Studios as a standalone company on the NASDAQ, separate from Starz, looks to have the goal of creating two companies so investors can value the Starz and studio assets separately amid a contracting media and entertainment landscape and financial markets uncertainty.