Lionsgate Posts Wider Loss

Jun 2, 2009  •  Post A Comment

Lionsgate Entertainment Corp. reported a wider loss for its fiscal year ended March 31, while sales rose 8%, Dow Jones reports.

The loss widened to $163 million, which included a $36.1 million charge, from $74 million a year earlier, the news wire says. Television sales posted a rise of 47%, compared with 17% for theatrical revenue, the news agency says.  
—Aimee Picchi