Actually they sort of bashed them again. Why not it was an up day for the market and they appear to have adjusted to bashing on negative or positive news. At least there bashing is something I could look forward to (now on a weekly basis). In the past when they went to weekly bashing, it signified a strong buying opportunity.
In the meantime we'll just keep reinvesting dividends and wait for the fall movie slate to see if we can get back on track.
So as I wrote previously here, increased TV production profits doesn't really move the stock that much. Without another big film franchise, the stock is stuck in a narrow trading range. Good luck to anyone who held mistakenly at $40. Without a takeover, it's going to be a long time before you see $30 again.
"Now when confirmation for Saw Legacy has finally been made, hence there is a prediction that Saw Legacy (Saw VIII), will be released in 2017. As Saw Legacy is a horror and thriller movie, there is a strong chance that it might release in the Halloween season of 2017."
No not the stock price - the name of the movie coming out on the Oct 28. I guess LGF is withholding the name trying to build some suspense. Boo A Madea Halloween is being released the week before. Are they trying to mitigate the medias response to another bomb or are they going to provide us with a Halloween surprise - A PROFITABLE MOVIE!
Lionsgate has staked out 2017 release dates for a trio of films: family drama Wonder (April 7), comedy How to Be a Latin Lover (April 28) and firefighter drama Granite Mountain (September 22).
The movies LGF has on tap over the next four months are a couple of cuts above what has preceded them. View the trailers at LGF's website. I was impressed. I think LGF has turned the corner, and the weak winter offerings we've witnessed are now in the distant past.
Hey, at least that title has hope of making some scratch overseas. But, knowing LGF's management, they already sold most international rights. So the film will be lucky to do $40 million domestic and it will probably cost about $75 million.
Katniss and Trish won't have a chance. Two headshots and the movie would be over. John Wick vs Jason Bourne - now we got something.