Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File No. 1-14880 Starz Entertainment Corp. (Exact name of registrant as specified in its charter) British Columbia, Canad ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________________________________ Form 10-Q ____________________________________________________________________________________________________ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ☒ OF 1934 For the quarterly period ended December 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...

Exhibit 99.1 LIONSGATE AND LIONSGATE STUDIOS REPORT RESULTS FOR THIRD QUARTER FISCAL 2025 Lionsgate Revenue was $970.5 Million Trailing 12-Month Library Revenue Grows 22% to Record $954 Million The Studio Business, comprised of the Motion Picture and Television Production segments, reported revenue of $713.8 million, an increase of 3% from the prior year quarter. Studio Adjusted OIBDA was $112.0 million, up 45% compared to $77.4 million in the prior year quarter. Trailing 12-month library revenue was a reco ...

Financial Performance - Revenues for the three months ended September 30, 2024, were $948.6 million, a decrease of 6.6% compared to $1,015.5 million for the same period in 2023[18]. - The operating loss for the three months ended September 30, 2024, was $(88.6) million, an improvement from $(817.5) million in the same period last year[18]. - Net loss attributable to Lions Gate Entertainment Corp. shareholders for the three months ended September 30, 2024, was $(163.3) million, compared to $(886.2) million in the prior year[18]. - Lions Gate Entertainment Corp. reported a net loss of $177.8 million for the three months ended September 30, 2024, compared to a net loss of $240.9 million for the same period in 2023, reflecting a 26.2% improvement[21]. - The comprehensive loss attributable to Lions Gate shareholders was $163.9 million for the three months ended September 30, 2024, down from $230.8 million in the prior year, indicating a 29% reduction[21]. - The company reported a comprehensive loss of $178.4 million for Q3 2024, down from $249.0 million in Q3 2023, marking a 28.3% improvement[21]. - The total revenues for the six months ended September 30, 2024, were $1,783.3 million, compared to $1,924.1 million for the same period in 2023, indicating a decrease of 7.3%[165]. - The Company reported an operating loss of $88.6 million for the three months ended September 30, 2024, compared to an operating loss of $817.5 million in the same period of 2023[168]. Cash and Liquidity - Cash and cash equivalents decreased to $229.6 million as of September 30, 2024, down from $314.0 million as of March 31, 2024[15]. - Cash, cash equivalents, and restricted cash at the end of the period totaled $289.3 million, up from $269.2 million a year earlier[29]. - The total cash, cash equivalents, and restricted cash amounted to $289.3 million as of September 30, 2024, compared to $371.4 million as of March 31, 2024, a decline of 22.1%[194]. - The company had $828.5 million available under its Revolving Credit Facility as of September 30, 2024[74]. Investment and Assets - Investment in films and television programs increased to $3,284.8 million as of September 30, 2024, compared to $2,762.2 million as of March 31, 2024[15]. - The total investment in films and television programs and licensed program rights as of September 30, 2024, was $3,284.8 million, an increase from $2,762.2 million as of March 31, 2024[60]. - Motion Picture segment assets increased to $1,924.9 million as of September 30, 2024, compared to $1,851.4 million as of March 31, 2024, showing an increase of about 3.9%[177]. - Television Production segment assets rose to $2,401.0 million as of September 30, 2024, up from $2,347.8 million as of March 31, 2024, representing an increase of approximately 2.3%[177]. - Media Networks segment assets increased to $2,159.2 million as of September 30, 2024, compared to $2,036.7 million as of March 31, 2024, reflecting an increase of about 6%[177]. Debt and Liabilities - Total liabilities as of September 30, 2024, were $7,271.7 million, slightly down from $7,279.9 million as of March 31, 2024[15]. - The company reported a significant reduction in debt, with short-term debt decreasing to $362.6 million from $860.3 million[15]. - Total corporate debt as of September 30, 2024, was $2,495.9 million, slightly down from $2,508.5 million in March 2024[73]. - The company has certain covenants in place that limit its ability to incur additional indebtedness, pay dividends, or repurchase common shares, and was in compliance with all applicable covenants as of September 30, 2024[87]. Shareholder Information - The weighted average number of common shares outstanding increased to 239.3 million in Q3 2024 from 234.0 million in Q3 2023, representing a 1.1% increase[21]. - The company’s diluted net loss per common share was $(0.68) for Q3 2024, consistent with the previous quarter, while the basic net loss per share also remained unchanged at $(0.68)[21]. - The ending balance of redeemable noncontrolling interests was $99.7 million as of September 30, 2024, down from $410.1 million a year earlier[114]. - The company has repurchased approximately $288.1 million in common shares to date, with $179.9 million remaining for potential repurchases[145]. Operational Efficiency - Total expenses for the three months ended September 30, 2024, were $1,037.2 million, down from $1,833.0 million in the prior year, reflecting a significant reduction in restructuring costs[18]. - The company recorded a total of $6.1 million in restructuring and other costs for the three months ended September 30, 2024, compared to $222.1 million in the same period of 2023[151]. - The company’s general and administration share-based compensation expense was $16.6 million for the three months ended September 30, 2024, down from $24.8 million in the same period of 2023[142]. - General and administrative expenses for the three months ended September 30, 2024, were $109.5 million, a decrease from $123.6 million in the same period of 2023, indicating a reduction of approximately 11.1%[176]. Future Outlook - The company anticipates continued focus on restructuring and cost management to improve financial performance in the upcoming quarters[9]. - Future strategies include potential market expansion and new product development to enhance revenue streams[9]. - The acquisition of eOne will be reflected in the company's consolidated results starting December 27, 2023[48]. Impairments and Adjustments - Goodwill impairment charge for the Media Networks reporting unit was $493.9 million for the three months ended September 30, 2023, representing the entire remaining goodwill for that unit[71]. - The Company recorded an intangible asset impairment charge of $170.0 million related to the Starz trade names for the three months ended September 30, 2023[72]. - Content impairment charges for the three months ended September 30, 2024, were $(3.8) million, significantly lower than $211.6 million in the same period of 2023[152]. - The company recorded net recoveries of content impairment charges of $4.3 million for the three months ended September 30, 2024[152].

Financial Performance - Lionsgate reported second quarter revenue of $948.6 million, with a net loss attributable to shareholders of $163.3 million or $0.68 diluted net loss per share[1][2]. - Adjusted net loss attributable to Lionsgate shareholders was $102.5 million or $0.43 adjusted diluted net loss per share, with an adjusted OIBDA loss of $17.7 million[1][2]. - Revenues for the three months ended September 30, 2024, were $948.6 million, a decrease of 6.6% compared to $1,015.5 million for the same period in 2023[17]. - Net loss attributable to Lions Gate Entertainment Corp. shareholders for the three months ended September 30, 2024, was $163.3 million, compared to a net loss of $886.2 million for the same period in 2023[17]. - Total segment revenues for the three months ended September 30, 2024, were $948.6 million, a decrease of 6.4% from $1,015.5 million in the same period of 2023[27]. - Total segment profit for the three months ended September 30, 2024, was $15.6 million, significantly down from $173.5 million in the same period of 2023, representing a decline of 91.0%[27]. - Adjusted OIBDA for the three months ended September 30, 2024, was $(17.7) million, compared to $140.7 million in the same period of 2023[27]. - The company reported a net loss of $(114.0) million for the three months ended September 30, 2024, compared to a net income of $13.5 million in the same period of 2023[84]. Segment Performance - The Studio Business reported revenue of $823.7 million, an increase of 4% from the prior year quarter, but incurred an operating loss of $34.8 million[5]. - Motion Picture segment revenue increased by 3% to $407.1 million, while segment profit decreased to $2.6 million due to underperformance of certain releases[6]. - Television Production segment revenue increased 6% to $416.6 million, but segment profit decreased to $24.4 million due to the impact of last year's strikes[7]. - Media Networks segment revenues decreased to $346.9 million for the three months ended September 30, 2024, down 16.7% from $416.5 million in the same period of 2023[27]. - Starz Networks revenue for the three months ended September 30, 2024, was $343.0 million, slightly down from $344.0 million in the same period of 2023[30]. - Starz Networks segment profit for the three months ended September 30, 2024, was $26.9 million, down from $48.9 million in the same period of 2023, a decrease of 45.0%[30]. Cash Flow and Liquidity - Cash, cash equivalents, and restricted cash at the end of the period were $289.3 million, an increase from $269.2 million at the end of the previous year[20]. - The company reported a net cash flow used in operating activities of $82.0 million for the three months ended September 30, 2024, compared to a net cash flow provided of $301.1 million in the same period of 2023[20]. - Net cash flows used in operating activities for the three months ended September 30, 2024, were $(82.0) million, compared to $235.8 million in the prior year[84]. - Cash flows from financing activities included borrowings of $629.9 million and repayments of $(786.0) million, resulting in a net cash outflow of $(156.1) million[114]. Restructuring and Impairment - Approximately 8% of eligible U.S. employees opted for voluntary severance and early retirement packages as part of business streamlining efforts[4]. - The company recorded restructuring and other costs of $6.1 million for the three months ended September 30, 2024, compared to $222.1 million in the same period of 2023[40]. - Impairment charges related to content for the three months ended September 30, 2024, were $3.8 million, a significant decrease from $211.6 million in the same period of 2023[41]. - The company incurred goodwill and intangible asset impairment of $663.9 million for the six months ended September 30, 2023[38]. - The company plans to continue evaluating its Media Networks business and may expand its restructuring plan, potentially incurring additional impairment charges[42]. Future Outlook - STARZ is on track to achieve its full year target of $200 million Adjusted OIBDA, positioning the company for the upcoming separation of its Studio and STARZ businesses[3]. - Lionsgate Studios Adjusted OIBDA is projected to be between $300 million and $320 million for the fiscal year ending March 31, 2025[139]. - Starz Networks Adjusted OIBDA is estimated at $200 million for the fiscal year ending March 31, 2025[140]. - The anticipated separation of Lionsgate Studios and the STARZ Business is expected to yield significant benefits, though it involves substantial capital investment[136]. General and Administrative Expenses - Corporate general and administrative expenses for the three months ended September 30, 2024, were $28.1 million, down from $32.8 million in the same period of 2023[90]. - The company reported a significant increase in segment general and administrative expenses, totaling $86.1 million for the six months ended September 30, 2024, compared to $83.1 million in 2023[91]. - The company reported a total of $177.0 million in general and administrative expenses for the six months ended September 30, 2024, compared to $175.5 million in the same period of 2023[91]. Debt and Obligations - Debt borrowings net of issuance and redemption costs for the three months ended September 30, 2024, were $1,765.7 million, compared to $594.5 million in the same period of 2023[20]. - Film-related obligations at the end of the period (current and non-current) were $1,931.0 million[53]. - Film-related obligations at the beginning of the period totaled $2,023.6 million[58]. - Film-related obligations at the end of the period decreased to $1,801.8 million[58].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________________________________ Form 10-Q ____________________________________________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EX ...

Exhibit 99.1 LIONSGATE AND LIONSGATE STUDIOS REPORT RESULTS FOR FIRST QUARTER FISCAL 2025 Lionsgate Revenue was $834.7 Million Net Loss Attributable to Lionsgate Shareholders was $59.4 Million or $0.25 Diluted Net Loss Per Share Adjusted Net Income Attributable to Lionsgate Shareholders was $20.9 Million or $0.09 Adjusted Diluted Earnings Per Share Lionsgate Operating Income was $18.8 Million Lionsgate Adjusted OIBDA was $104.5 Million North American Media Networks and Motion Picture Segment Profits Increas ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File No.: 1-14880 LIONS GATE ENTERTAINMENT CORP. (Exact name of registrant as specified in its charter) | British Colum ...

Exhibit 99.1 LIONSGATE AND LIONSGATE STUDIOS REPORT RESULTS FOR FOURTH QUARTER FISCAL 2024 Television Group Segment Profit Increased 83% in the Quarter, Driven by Library Gains and Post-Strike Series Deliveries Film & Television Library Achieved Record $339 Million Revenue Quarter with Trailing 12-Month Revenue of $886 Million $397 Million of Net Cash Flow Provided by Operating Activities in the Full Year with Adjusted Free Cash Flow of $230 Million SANTA MONICA, CA, and VANCOUVER, BC, May 23, 2024 – Lions ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________________________________ Form 10-Q ____________________________________________________________________________________________________ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ☒ OF 1934 For the quarterly period ended December 31, 2023 British Columbia, Canada N/A (State or other jurisdiction of incorporat ...