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Lionsgate roars back as studio's bets pay off

Slips and flops of last July now a distant memory after recent rollout of hit movies and talk of big deals.

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Dancers (above) performing at a premiere event for La La Land in Tokyo last month. The film, which cost US$30 million, is cruising towards US$300 million in ticket sales and could take home Best Picture at the upcoming Oscars. Lionsgate studio has bounced back from its troubles of last year, which included the controversial flop Gods of Egypt.

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Dancers performing at a premiere event for La La Land in Tokyo last month. The film, which cost US$30 million, is cruising towards US$300 million in ticket sales and could take home Best Picture at the upcoming Oscars. Lionsgate studio has bounced back from its troubles of last year, which included the controversial flop Gods of Egypt (above).

Santa Monica, California

IN JULY, Lionsgate was stuck under a storm cloud. Several of the company's movies had been critical and commercial debacles, including The Divergent Series: Allegiant and Gods of Egypt, which also embroiled Lionsgate in a humiliating whitewashing casting

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