‘Michael’ Helps Lionsgate Post Sharply Higher Quarterly Revenue

The Michael Jackson biopic has sashayed past the $1 billion global box office mark.

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 productio