Lionsgate Studios (LION) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
28 Jul, 2026Executive summary
Achieved highest adjusted OIBDA in 12 years and three consecutive quarters of $1B+ library revenue in fiscal 2026.
Completed separation from Starz, creating two standalone public companies and simplifying capital structure.
Motion Picture Group delivered major box office successes, including Michael ($1B+), and expanded branded IP pipeline.
Television Group secured renewals for 12 of 13 scripted series and launched award-winning new shows.
Advanced AI strategy, digital storytelling, and live experiences to drive future growth.
Voting matters and shareholder proposals
Election of eleven directors for a one-year term.
Re-appointment of Ernst & Young LLP as independent auditor for fiscal year ending March 31, 2027.
Advisory vote to approve executive compensation (say-on-pay).
Advisory vote on frequency of future say-on-pay votes, with Board recommending annual votes.
Board recommends voting FOR all proposals and nominees.
Board of directors and corporate governance
Board consists of 11 directors, 91% independent, with diverse skills in media, finance, and governance.
Separate Chair (independent) and CEO roles; strong focus on independent oversight.
Committees: Audit & Risk, Compensation, Nominating and Corporate Governance, Transaction; all comprised of independent directors.
Annual board and committee evaluations, ongoing refreshment, and no formal term limits.
Shareholder communications policy and code of conduct in place.
Latest events from Lionsgate Studios
- Expanding franchises and diversified monetization drive record library revenue and global streaming leadership.LION
Corporate presentation - Revenue up 48% to $777M, record film profit, and strong cash flow drive improved outlook.LION
Q1 2027 - Key votes on directors, auditors, and executive pay set for September 2026 meeting.LION
Proxy filing - Starz targets 20% EBITDA margin by 2028, focusing on women-centric streaming and digital growth.LION
Raymond James & Associates’ 46th Annual Institutional Investors Conference 2025 - Multi-year growth driven by franchises, AI efficiencies, and a high-margin content library.LION
18th Annual Sports & Media Symposium - Offering 157,869 shares post-separation, proceeds support general operations; risks detailed.LION
Registration filing - Q2 saw a $163.3M net loss as film underperformance and STARZ subscriber declines impacted results.LION
Q2 2025 - Q4 revenue up 22% with record library sales and strong profit growth after Starz separation.LION
Q4 2025 - Q3 saw strong TV growth, record library revenue, and Starz OTT gains despite film declines.LION
Q3 2025