'Ballerina' Was A Box Office Miss, But It Still Helped Redeem Lionsgate's Quarterly Numbers

John Wick spinoff Ballerina may have been a box office misfire in June , but its release stirred enough interest in the franchise to boost Lionsgate ‘s library revenue close to $1 billion over the trailing 12-month period.

A 12% upswing in library revenue to $989 million over the trailing 12-month period was the third straight quarterly record for the metric. That helped offset difficulties in the film division during the April-to-June quarter, which is the first of the company’s fiscal 2026. Total company revenue of $555.9 million edged Wall Street analysts’ consensus forecast, though a loss per share of 32 cents was wider than the Street expected.

One of the quarter’s major events was not on a film or TV screen. In May, Lionsgate and Starz completed their long-in-the-works spli