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‘Michael’ Crosses $1 Billion at the Box Office as Lionsgate Roars Back

NYT > Business·July 12, 2026

Lionsgate has achieved a major milestone with "Michael" crossing the $1 billion mark at the box office, marking a significant comeback for the studio. The film's success, along with other recent hits, has helped revive Lionsgate's fortunes after being shunned by bigger studios for taking on perceived risks. This resurgence has positioned Lionsgate as a major player in Hollywood once again, despite initial doubts from larger studios. The studio's ability to take on and succeed with risky projects has proven to be a key factor in its renewed success.

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