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It's Wednesday November the 9 around 8:50PM and

Lions Gate Entertainment Bombs in 2nd Quarter

Lionsgatefilms.jpg
The Canadian Press reports tonight that Lions Gate, "The Vancouver-based entertainment company said Wednesday it lost $14.1 million US or 14 cents a diluted share for the three months ended Sept. 30. That compared with a profit of $8.3 million US or eight cents per diluted share in the same period last year."

I guess that whole Lord of War push cost them a real pretty penny. Opps. Comic Book Movie has the conference call details (6:00 AM? Yeah Right) for the morning and some speculation on future films - Punisher 2 and Black Widow - that they'll be pushing.

More:
* Yummy 2nd Quarter loss stock price at $11.85 (LGF).
*Lions Gate Corporate Site.

Posted by Jackson Murphy | Link | Comments (0)

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