Co-Editor-in-Chief, TV
August 8, 2024 | LionsGate 88 Portal | 8/8 Lions Gate #astrology #shorts #liongate #lionsgate
Deadline exclusively reported in February that Lionsgate Television cut its production contracts by more than half after the company acquired Hasbro's independent TV studio eOne.
Today, during Lionsgate’s first-quarter 2025 earnings call, CEO Jon Feltheimer announced the full scope of the pact’s elimination.
“In television, we are reducing the number of combined producer agreements with Lionsgate and eOne by 70%, with expected annual savings of $30 million,” he said.