Lionsgate Sees Revenue Surge From ‘Michael’, ‘The Housemaid’ In June Quarter

Lionsgate Studios posted a strong June quarter as motion picture revenue of $587 million more than doubled from the prior year and profit hit a Q1 record $105 million driven by the billion-dollar worldwide box office of Michael and the strong ancillary performance of The Housemaid. The company said television production revenue and profit fell (to $189 million and…