Revenue for the third quarter was $933.3 million, down compared with the prior-year period when Lionsgate reported $1.14 billion in revenue. The company's third-quarter revenue was also below analysts' expectations for revenue of $1.01 billion. "We're pleased to report a strong quarter with significant free cash flow and continued revenue and subscriber growth at Starz," Lionsgate CEO Jon Feltheimer said in a statement "As we refill our feature film and television pipelines at a robust pace and take our integration of Lionsgate and Starz to the next level, all signs are pointing to strong growth in the year ahead." Lionsgate said that revenue at its motion picture segment was $362.6 million for the quarter, and that film profits decreased roughly 20 percent to $43.5 million. The decline was reflective of the studio's under-performance of certain titles in fiscal 2019 compared to the out-performance of "Wonder" ($305.9 million) in the prior year quarter.