Lionsgate Studios Corp.

Good day and welcome to the Lionsgate third quarter fiscal 2026 results call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on a touchtone phone. To withdraw your question, please press star then two. Please note this event is being recorded. I would now like to turn the conference over to Neelay Shah, Head of Investor Relations. Please go ahead.

Good afternoon. Thank you for joining us for the Lionsgate Studio Corporation's Fiscal 2026 Third Quarter Conference Call. We'll begin with opening remarks from our CEO, John Feldheimer, followed by remarks from our CFO, Jimmy Barge. After their remarks, we'll open the call for questions. Also joining us on the call today are Vice Chairman Michael Burns, COO Brian Goldsmith, Chairman of the TV Group Kevin Beggs, Chairman of the Motion Picture Group Adam Fogelson, President of Worldwide Television Distribution Jim Packer, and Senior Advisor to the Office of the CEO at Lionsgate and Co-CEO of 3Arts Brian Weinstein. The matters discussed on the call also include forward-looking statements, including those regarding the performance of future fiscal years. Such statements are subject to a number of risks and uncertainties. Actual results could differ materially and adversely from those described in the forward-looking statements as a result of various factors. This includes the risk factors set forth in our public filings for Lionsgate Studios Corp., The company undertakes no obligation to publicly release the result of any revisions to these four looking statements that may be made to reflect any future events or circumstances. I'll now turn the call over to John.

Thank you, Nealey, and good afternoon, everyone. Thank you for joining us. Today we're reporting a quarter that not only keeps us on track for our fiscal 26 financial targets, but positions us for significant growth in fiscal 27 and beyond as the investments we've been making into our intellectual property portfolio translate into strong and growing momentum across our businesses. During the quarter, We launched a new franchise with the worldwide box office success of Paul Feig's thriller, The Housemaid. We expect the sequel, The Housemaid's Secret, to begin production later this year. Released 12 days before the end of the quarter, the majority of the Housemates contribution will fall in Q4 and continue into fiscal 27. Last week, we began production on John Rambo, directed by Sisu's Yalmari Hellender, with rising star Noah Centineo from our Lionsgate television series, The Recruit, and we announced plans to produce one of our most iconic properties, Dirty Dancing, shepherded by Hunger Games producers Nina Jacobson and Brad Simpson, and starring Jennifer Grey. These are part of a growing portfolio of more than 40 active franchise properties that are being extended across multiple platforms, including film, television, video games, and live experiences. After teasing it on the Grammy telecast, the next day we released a full trailer of Michael to wildly enthusiastic fan response as we continue to ramp up the campaign for the film's April 24th global rollout. With three major tentpoles anchoring our fiscal 27 slate, we expect to continue building momentum generated by The Housemaid and other recent box office successes. Our television group has secured renewals for 12 of our 13 current scripted series, and notably, these renewals, which include The Studio, The Hunting Wives, and The Rainmaker, are spread across 12 different buyers. And finally, our film and television library achieves its fifth straight record quarter with trailing 12-month revenue reaching an all-time high of $1.05 billion. Turning to our individual segments, our motion picture group had a strong quarter with the success of Francis Lawrence's profitable and critically acclaimed adaptation of Stephen King's The Long Walk. Ruben Fleischer's Now You See Me, Now You Don't, which grossed nearly $250 million at the worldwide box office, and of course The Housemaid, as we roll out a diversified slate that spans every genre and budget category. Both The Housemaid and Now You See Me achieved exceptionally strong international box office performances, with particularly strong results in the markets where we self-distribute. the UK and Latin America, bolstering our position as the only studio licensing a steady supply of major properties to leading international theatrical distributors. As I mentioned, we continue to expand the largest and most valuable portfolio of franchises and other branded IP outside the five major studios, fueling our slate with upcoming temples like Michael in April, The Hunger Games Sunrise on the Reaping in November, and Resurrection of the Christ, Parts 1 and 2, next March and May, respectively. Behind them, the housemaid's secret, John Rambo, Dirty Dancing, Kane, the next film from the John Wick franchise, Naruto, American Psycho, and new installments of Saw and Blair Witch are all either in production, being readied for production, or in fast-track development. A really powerful slate of intellectual property that matches the right creative auspices with the right content. In television, our series continue to perform well across every platform. The studio, which just began shooting its second season for Apple TV, was one of the most critically acclaimed shows of the year. The Hunting Wives was Netflix's top non-original English-language series for the second half of last year and debuted high on their global list of top ten shows, despite only airing on Netflix in the U.S. The Rainmaker was USA Network's most-watched freshman series in seven years. Robin Hood has ranked number one on MGM Plus for nine weeks in a row, and The Rookie has been resurgent in its eighth season on ABC. The Rookie North spin-off pilot begins shooting in Vancouver later this month, And Spartacus, House of Asher, is one of the best-reviewed series on Starz, with a 92% Rotten Tomatoes rating and performing well across its international platforms. And in a business where renewals are the name of the game, the renewal of nearly every one of our scripted shows anchors a fiscal 27 slate with double the number of scripted episode deliveries and a diversified mix of cost plus and retain rights models balancing profitability with long-term value creation. 33% of our record library revenue this quarter comes from our television series, more than doubling the percentage from 10 years ago. Achieving five record quarters in a row reflects the work we put into managing and growing that library, enhancing it with new technologies, monetizing it across new buyers and platforms, selectively buying back rights, and striking the right balance between acquisitions and organic growth. As a result, we have one of the youngest major libraries of any studio, with 85% of our 20,000 plus titles produced since 2000, and nearly two-thirds of library revenue coming from titles outside the top 50. In closing, we like our place in the media ecosystem and the trajectory of our businesses. Our film and television pipelines are strong, our library continues to grow, and we're replenishing it with valuable new franchises and brand-defining television series. We're a leading global content company at a time when content is king, critical to AI, essential to our partners, and the subject of every conversation around M&A and industry consolidation. We continue to lower our costs and restructure our businesses so we can move faster and more efficiently than ever before. We continue to align ourselves with our shareholders, adding former U.S. Treasury Secretary and major shareholder Steven Mnuchin to our board, converting our dual share structure into a single class of stock and letting our shareholder rights plan lapse in May. Although there are many disruptive forces reshaping our industry, the rise of AI, the power of social platforms, and the increased tempo of M&A, to name just a few. We believe that we are prepared to adapt to all of them as a dynamic, agile, and entrepreneurial company positioned for sustainable growth. Now I'd like to turn things over to Jimmy.