A strong content pipeline and large library makes the business pretty resilient, he told analysts Thursday.
In terms of the motion picture group, I dont think you are going to see a significant impact.
In that time, some of our peers have done one and sometimes two rate increases, he said.
MANHATTAN, NEW YORK, UNITED STATES - 2023/05/10: Participants holding signs seen marching at the protest. The 2023 Writers Guild of America strike is an ongoing labor dispute between the Writers Guild of America (WGA) labor union and the Alliance of Motion Picture and Television Producers (AMPTP).The WGA represents 11,500 screenwriters and went on strike on Tuesday after contract negotiations with studios, streaming services and networks failed. (Photo by Erik McGregor/LightRocket via Getty Images)Getty
This has been a prolonged process, designed to unlock value for the studio and the streamer.
Lionsate filed plans for the split with the SEC in March.
