The performance of the film was so poor, Lionsgate could not ignore it during its earnings for the summer quarter. "On ‘Borderlands,' nearly everything that could go wrong did g

Lionsgate saw a significant downward turn in its third quarter earnings, with the company suffering a quarterly loss of $163 million amid box office struggles and lingering impacts of last year's strikes on its television division.

Lionsgate CEO Jon Feltheimer was frank about the poor results of his studio at the box office recently, most notably “Borderlands,” which has shaped up to be one of the year’s biggest critical and commercial busts and led to the studio’s motion ...

Lionsgate CEO Jon Feltheimer has addressed Borderlands‘ recent box office flop. Borderlands was released in United States theaters in August 2024. Directed by Eli Roth, the feature film adaptation of the popular video game only made around $33 million at the global box office off an estimated $110-120 million budget.

Borderlands is one of 2024's biggest box office bombs and Lionsgate's CEO and CFO have both admitted that Robert Rodriguez's adaptation of the hit video game series was an unmitigated disaster for them.

When it came to the bombing of Borderlands, among other late summer and fall releases, Lionsgate CEO Jon Feltheimer made no bones to emphasize culpa nostra. “On Borderlands, nearly everything that could go wrong did go wrong: it sat on the shelf for too long during the pandemic,

Earlier this week, we learned of Take-Two boss Strauss Zelnick's response to Borderlands' "disappointing" silver screen debut, and now, Lionsgate CEO has commented publicly, too, saying that "nearly everything that could go wrong did go wrong".

Lionsgate CEO Jon Feltheimer isn't mincing words when it comes to the Borderlands movie, which by all accounts was a total train wreck. Borderlands was in theaters for a month, in which time it managed to wrack up $15.

"Reshoots and rising interest rates took it outside the safety zone of our usually strict financial models." Lionsgate reported a loss of $163.3 million in its quarterly earnings,