TV and movie studio Angel uh taking on Hollywood with a radically different playbook, letting its audience greenlight and fund the movies and shows that they want to see. The studio is best known for Sound of Freedom and The Chosen. It's going public on the New York Stock Exchange today through a spa merger.And joining us right now is Neil Harmon. He's Angel's co-founder and CEO. Good morning to you.Uh these are uh some super successful movies, not always considered in the mainstream, but in terms of dollar ...

Core Insights - Lionsgate Studios Corp. reported a strong fourth quarter with revenue of $1.1 billion, representing a 22% increase year-over-year [1][2] - The company achieved a net income attributable to shareholders of $21.9 million, or $0.10 diluted earnings per share [2][3] - Adjusted net income attributable to shareholders was $60.9 million, or $0.21 adjusted diluted earnings per share [2][3] - Operating income rose significantly to $94.2 million, and adjusted OIBDA increased by 49% to $138.3 million [1][2] - The motion picture segment profit reached its highest quarterly level in 10 years, driven by successful mid-budget films and robust library demand [4][3] Financial Performance - Fourth quarter revenue was $1.1 billion, with operating income of $94.2 million and net income attributable to Lionsgate shareholders of $21.9 million [2][3] - Adjusted net income for the quarter was $60.9 million, with adjusted OIBDA at $138.3 million, reflecting a 49% year-over-year increase [2][3] - Net cash flow from operating activities for the quarter was $255.9 million, while adjusted free cash flow was $395.3 million [2] Segment Performance - The motion picture segment revenue grew by 28% to $526.4 million, with segment profit increasing by 65% to $135.3 million [4][30] - The television production segment revenue increased by 16% to $543.3 million, although segment profit decreased to $40.6 million due to a tough comparison with the previous year [5][30] Library Revenue - Trailing 12-month library revenue grew by 8% to an all-time high of $956 million, driven by record fourth-quarter licensing sales [3][1] - The fourth quarter alone saw library revenue reach $340 million, boosted by licensing sales of popular shows to major streaming platforms [3] Corporate Developments - Following the quarter, Lionsgate fully separated its Lionsgate and STARZ businesses, marking a significant corporate restructuring [1][17] - The company is positioned as a standalone studio with a diversified business model, focusing on creating value for shareholders [3][1]