International
Lionsgate reports first quarter loss of $64 million
MUMBAI: Lionsgate has reported a first-quarter loss of $64.1 million compared to the net income of $36.3 million it had recorded in the same period last year.
It is said that reduced theatrical slate coupled with increased marketing costs for titles brought down the company‘s entertainment revenue by 22 per cent to $117.1 million, from $151 million a year ago. Overall studio revenues declined by 16 per cent to $326.6 million, from $388 million.
Said Lionsgate co-chairman and CEO Jon Feltheimer in a statement, “Our first quarter was affected by marketing costs for three of our wide releases, timing of television deliveries and the underperformance of our theatrical release Killers.”
The action-comedy, made on a budget of $ 75 million, generated less than $47 million domestically and $75.5 million globally at the box office.
The loss and missed earnings comes at a time when Lionsgate remains under siege from investor Carl Icahn who is making a hostile bid to takeover the board and company.
International
Russia-India cinematic spectacle Persimmon of My Love set for grand Moscow debut
Hindi cinema style musical revives Indo-Soviet cinema ties for today
MUMBAI: A new chapter in cross-border storytelling is set to unfold as Persimmon of My Love gears up for its premiere in Moscow on 1 April 2026, marking the first large-scale cinematic collaboration between Russia and India in decades.
Positioned as a modern nod to the cultural exchange that once brought Indian classics to Soviet audiences, the film blends Hindi cinema flair with Russian storytelling, aiming to rekindle a long-standing cinematic friendship.
Directed by Marius Weisberg, the musical comedy follows two brothers navigating a lively world of music, family and romance. The lead roles are played by Demis Karibidis and Mikhail Galustyan, with Karibidis also contributing as a screenwriter.
Shot entirely in India, the production leans heavily into Hindi cinema style spectacle. Filming took place across Mumbai studios and the cities of Udaipur and Jodhpur, whose architecture was used to create the fictional setting of Khurmada. A crew of over 350 worked on the project, with large-scale sequences featuring up to 1,000 extras.
The film also brings Indian creative talent into the mix. Dance sequences are choreographed by Jay Kumar, while music by Zurab Matua features songs in both Hindi and Russian, adding to its cross-cultural appeal.
Backed by TNT channel, MyWayStudio and the Russian Cinema Fund, the project reflects a broader push to strengthen cultural ties between the two countries.
With its mix of colour, comedy and cross-border collaboration, Persimmon of My Love is not just a film release but a reminder that cinema, much like music, travels well across borders.
