Get the latest gossip
Lionsgate Admits Unscripted TV Division Is “Feeling The Effects Of A Continuing Market Correction”
It’s no secret that the unscripted television business has been struggling recently with numerous companies closing down and the number of projects bought is stagnant. This is an issue that is also concerning Lionsgate, which is behind series such as Discovery’s Naked and Afraid. CEO Jon Feltheimer, talking to analysts after its “disappointing” financial quarter, […]
CEO Jon Feltheimer, talking to analysts after its “disappointing” financial quarter, admitted that “our unscripted business is feeling the effects of a continuing market correction”. The consolidation Feltheimer is referring to is the launch of Lionsgate Alternative Television at the start of the year, designed to bring eOne’s unscripted assets together with its own non-fiction division after closing its $375M deal. In scripted, Lionsgate Television is behind series such as Ghosts, The Rookie, Acapulco, Mythic Quest, Raising Kanan and BMF as well as new titles including Spartacus, The Hunting Wives, the Twilight TV adaptation Midnight Sun, the John Wick TV adaptation John Wick: Under the High Table; and the show business comedy The Studio from Seth Rogen.
Or read this on Deadline