Lionsgate has reported a significant $94 million quarterly net loss following the performance of the John Wick spinoff, Ballerina. Despite launching on June 6 to positive reviews and strong action sequences, the film's box office draw fell short, grossing $132 million against a production budget of $90 million. The film stars Ana de Armas as Eve Macarro and includes performances from John Wick series veterans. While Ballerina has been praised for its choreography and character development, it did not attract enough viewers compared to the main franchise installments. The Lionsgate CEO has stated that the company is working towards growth and has upcoming projects planned, including a new Hunger Games adaptation. Concerns remain about the impact of Ballerina's financial woes on future John Wick projects, which are currently in various stages of development.

What were the financial results for the film Ballerina?

Ballerina resulted in a net loss of $94 million for Lionsgate after grossing $132 million worldwide against a $90 million budget.

Ballerina expands the John Wick universe, which is known for its intricate world-building and stylish action sequences. Set between John Wick: Chapter 3 and Chapter 4, the film centers on a dancer-turned-assassin and features notable series regulars, including Keanu Reeves in a cameo. Despite its setbacks, the film's positive reception highlights its potential to engage fans of the franchise, while Lionsgate sacrifices growth this quarter due to underperformance.