Financial Performance - Revenues for the three months ended September 30, 2023, increased to $1,015.5 million, up 15.9% from $875.2 million in the same period of 2022[17] - The company reported a comprehensive loss of $890.1 million for the three months ended September 30, 2023, compared to a comprehensive loss of $1,766.2 million in the same period of 2022[20] - The company experienced a net loss of $886.2 million for the three months ended September 30, 2023, which is a significant increase from a net loss of $1,811.1 million for the same period in the previous year[22] - For the six months ended September 30, 2023, Lions Gate reported a net loss of $959.4 million, an improvement from a net loss of $1,936.0 million in the same period of 2022[28] - The company reported a net loss of $2.8 million for the quarter, an improvement from a net loss of $10.2 million in the same quarter of the previous year[49] Assets and Liabilities - Total assets decreased to $6,179.4 million as of September 30, 2023, down from $7,426.2 million as of March 31, 2023[16] - Total liabilities decreased to $5,988.1 million as of September 30, 2023, compared to $6,296.6 million as of March 31, 2023[16] - Cash and cash equivalents decreased to $223.6 million as of September 30, 2023, down from $272.1 million as of March 31, 2023[16] - Total accumulated deficit increased to $3,467.5 million as of September 30, 2023, up from $2,516.3 million at the end of the previous quarter[22] - As of September 30, 2023, Lions Gate Entertainment reported a total equity deficit of $218.8 million, compared to a deficit of $728.2 million as of June 30, 2023[22] Shareholder Information - Basic net loss per common share for the three months ended September 30, 2023, was $3.79, an improvement from $7.95 in the same period of 2022[17] - The number of Class A Voting Common Shares remained at 83.5 million, while Class B Non-Voting Common Shares increased to 151.4 million as of September 30, 2023[25] - The total number of common shares issued increased to 673.0 million as of September 30, 2023, from 672.9 million at the end of the previous quarter[25] Revenue Segments - Motion Picture revenues reached $395.9 million for the three months ended September 30, 2023, compared to $224.0 million in the prior year, representing a 76.7% increase[118] - Home Entertainment revenues totaled $181.8 million for the three months ended September 30, 2023, up 56.9% from $115.8 million in the same period of 2022[118] - Television Production revenues decreased to $393.9 million for the three months ended September 30, 2023, down 9.6% from $430.9 million in the prior year[118] - The Media Networks segment reported revenues of $416.5 million for the three months ended September 30, 2023, compared to $396.1 million in the prior year, reflecting a growth of 5.4%[164] Impairments and Expenses - Goodwill and intangible asset impairment for the three months ended September 30, 2023, was $663.9 million, consistent with the same amount in the prior year[17] - The company recorded impairments of $239.5 million for the six months ended September 30, 2023, compared to $218.2 million in the same period of 2022[40] - The company recorded content impairment charges of $211.6 million for the three months and $239.5 million for the six months ended September 30, 2023, compared to $218.8 million for the three months and $218.8 million for the six months ended September 30, 2022[145] - The total restructuring and other costs amounted to $222.1 million for the three months and $254.0 million for the six months ended September 30, 2023, compared to $233.2 million and $241.3 million for the same periods in 2022[145] Cash Flow and Financing - The company generated net cash flows of $330.3 million from operating activities, compared to a cash outflow of $139.4 million in the prior year[28] - As of September 30, 2023, the company had cash, cash equivalents, and restricted cash totaling $269.2 million, down from $599.4 million at the end of the previous period[28] - The company has approximately $179.9 million of authorized potential share repurchases remaining, with $288.1 million in common shares repurchased to date[139] - The company recorded a gain of $3.4 million on extinguishment of debt related to Senior Notes repurchases during the three months ended September 30, 2023[84] Debt and Interest Rates - As of September 30, 2023, total corporate debt was $1,955.3 million, a decrease from $2,059.9 million as of March 31, 2023[64] - The effective interest rate for Term Loan A is 7.18% and for Term Loan B is 7.68%[73] - The company’s production loans amount to $1,198.9 million, with a weighted average interest rate of 7.10%[85] - The Revolving Credit Facility provides for borrowings up to $1.25 billion, with $1.25 billion available as of September 30, 2023[65] Strategic Initiatives - Lions Gate is in the process of acquiring the Entertainment One business from Hasbro for an aggregate cash purchase price of $375.0 million, subject to adjustments[34] - The company plans to shut down the LIONSGATE+ service in the U.K. market, resulting in additional content impairment charges[147] - The company is undergoing a strategic review of content performance and may decide to exit additional territories or remove certain content from its platform in the future[152]

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, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHAN ...

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, 2023 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) Indicate by che ...

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, 2022 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...