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LIONSGATE LIONSGATE REPORTS RESULTS FOR SECOND QUARTER FISCAL 2022 Nov. 04 , 2021 Second Quarter Revenue was $ 887.8 Million ; Operating Income was $ 29.8 Million ; Net Income Attributable to Lionsgate Shareholders was $ 7.5 Million or $ 0.03 Diluted Net Income per Share Adjusted OIBDA was $ 108.2 Million , Cash Flows provided by Operating Activities were $ 16.1 Million and Adjusted Free Cash Flow was $ 195.2 Million Global Media Networks Subscribers were 30.0 Million ; Global Streaming Subscribers Grew 40 % Year over Year to 18.0 Million ; STARZPLAY International Subscribers Nearly Doubled Year - Over - Year to 7.5 Million Film & Television Library Revenue was Record $ 784 Million for Trailing 12 Months SANTA MONICA , Calif . and VANCOUVER , B.C. , Nov. 4 , 2021 / PRNewswire / -- Lionsgate ( NYSE : LGF.A , LGF.B ) today reported second quarter ( quarter ended September 30 , 2021 ) revenue of $ 887.8 million , operating income of $ 29.8 million and net income attributable to Lionsgate shareholders of $ 7.5 million or $ 0.03 diluted net income per share on 228.5 million diluted weighted average common shares outstanding . Adjusted net income attributable to Lionsgate shareholders in the quarter was $ 35.2 million or adjusted diluted EPS of $ 0.15 on 228.5 million diluted weighted average common shares outstanding , with adjusted OIBDA of $ 108.2 million . Cash flows provided by operating activities were $ 16.1 million and adjusted free cash flow in the quarter was $ 195.2 million . LIONSGATE " I'm pleased to report another solid financial quarter with strong content generation across our business , " said Lionsgate CEO Jon Feltheimer . " Starz drove growth of 1.3 million global streaming subscribers with the strong premieres of three new series in the quarter , our Television Group launched six new series and renewed six current shows , and our Motion Picture Group added to an already robust pipeline with the production starts of nine new films . Importantly , we accomplished this and continued to ramp our content spend while also continuing to generate positive adjusted free cash flow and solid adjusted OIBDA . " Revenue from Lionsgate's 17,000 - title film and television library was $ 784 million for the trailing 12 months . Lionsgate completed the acquisition of the 200 - title Spyglass Media Group library in the quarter . Second Quarter Results Segment Results Media Networks segment revenue of $ 384.7 million was comparable to the prior year quarter while segment profit decreased to $ 5.5 million driven by higher cadence of programming and content spend and marketing costs . Total Media Networks global subscribers increased to 30.0 million including STARZPLAY Arabia , a non - consolidated equity method investee , driven by robust domestic and international streaming subscriber growth . Global streaming subscribers increased 40 % year - over - year to 18.0 million . STARZPLAY International subscribers grew 97 % year - over - year to 7.5 million . Motion Picture segment revenue was up 28.5 % to $ 330.9 million while segment profit increased 22.7 % to $ 101.8 million compared to $ 83.0 million in the prior year quarter , growth attributable to higher home entertainment sales and profit contributions from acquired libraries . Television Production segment revenue of $ 336.0 million was up 70.4 % compared to the prior year quarter and segment profit increased 187.9 % to $ 28.5 million , reflecting the deliveries of a number of new series . Lionsgate senior management will hold its analyst and investor conference call to discuss its fiscal 2022 second quarter results at 5:00 PM ET / 2 : 00 PM PT this afternoon , November 4. Interested parties may listen to the live webcast by visiting the events page on the Lionsgate Investor Relations website or via https://services.choruscall.com/links/lgf211104AUDJApDA.html . A full replay will become available this evening by clicking the same link . About Lionsgate Combining the STARZ premium global subscription platform with world - class motion picture and television studio operations , Lionsgate ( NYSE : LGF.A , LGF.B ) brings a unique and varied portfolio of entertainment to consumers around the world . Its film , television , subscription and location - based entertainment businesses are backed by a 17,000 - title library and the largest collection of film and television franchises in the independent media space . A digital age company driven by its entrepreneurial culture and commitment to innovation , the Lionsgate brand is synonymous with bold , original , relatable entertainment for the audiences it serves worldwide . For further information , investors should contact : Nilay Shah 310-255-3651 nshah@lionsgate.com For media inquiries , please contact : Peter Wilkes 310-255-3726 pwilkes@lionsgate.com The matters discussed in this press release include forward - looking statements , including those regarding the performance of future fiscal years . Such statements are subject to a number of risks and uncertainties . Actual results in the future could differ materially and adversely from those described in the forward - looking statements as a result of various important factors , including : the potential effects of the COVID - 19 global pandemic on the Company , economic and business conditions ; the substantial investment of capital and increased costs required to produce and market films and television series ; budget overruns ; limitations imposed by our credit facilities and notes ; unpredictability of the commercial success of our motion pictures and television programming ; risks related to acquisition and integration of acquired businesses ; the effects of dispositions of businesses or assets , including individual