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Lions Gate Entertainment reported fiscal year 2010 revenue of $1.583 billion, up 8% from 2009, but a net loss of $117.5 million. The company pursues a strategy of balancing financial risks against commercial success through acquiring films, TV programs, and entertainment companies. In 2010, motion picture revenue declined 9.3% to $1.119 billion while television production revenue rose 57.9% to $350.9 million. The company also formed a new media networks segment through an acquisition. Looking forward, Lions

Author

Jordan Pinkus

Language

EN