John Wick franchise tops $1 billion at world field workplace as Lionsgate explores splitting up

Keanu Reeves stars in “John Wick: Bankruptcy 4.”

Lionsgate

What began with a retired hitman avenging his murdered canine has changed into a billion-dollar blockbuster film franchise for Lionsgate.

This week, the John Wick collection, constructed from 4 motion pictures starring Keanu Reeves within the titular position, crossed $1 billion on the world field workplace.

Every movie has generated considerably extra field workplace returns that its predecessor, a dynamic that is uncommon in Hollywood.

The primary “John Wick” used to be extensively praised by way of critics and audiences for its extremely choreographed battle sequences, which have been ceaselessly shot in lengthy, unmarried takes to put across the motion. In lots of motion flicks administrators and editors make the most of speedy cuts and closeups, ceaselessly obscuring the battle choreography.

Weapons blazing on the field workplace

Here is how a lot each and every John Wick film has grossed international, consistent with Lionsgate:

“John Wick” (2014): $87.7 million; estimated funds of $20 million to $30 million”John Wick: Bankruptcy 2″ (2017): $171.5 million; estimated funds of $40 million”John Wick: Bankruptcy 3 – Parabellum” (2019): $326.7 million; estimated funds of $75 million”John Wick: Bankruptcy 4″ (2023): $425 million and counting; estimated funds of $100 million

The movie franchise has arrange a miniseries referred to as “The Continental: From the International of John Wick,” which tells the tale of ways Winston Scott (performed by way of Ian McShane within the motion pictures) got here to possess and function The Continental resort within the Nineteen Seventies. The resort is a secure haven for assassins. The display will air on NBCUniversal’s Peacock streaming carrier later this 12 months.

Lionsgate could also be set to release a by-product starring Ana de Armas referred to as “Ballerina.”

The milestone for its “John Wick” franchise comes as Lionsgate has been exploring its choices for the 2 key portions of its trade – its movie studio and Starz cable and streaming unit.

Regardless of being overshadowed by way of better friends together with Warner Bros. Discovery, Disney, Amazon and Comcast’s NBCUniversal, Lionsgate’s inventory has surged this 12 months. In February, the corporate reported income that beat expectancies.

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Lionsgate stocks were on a gradual upward thrust within the closing 12 months.

Lionsgate has been exploring its choices for Starz for a while now. Ultimate 12 months, it held talks to promote a 20% stake in Starz, and had additionally engaged in talks with more than one doable consumers for its studio trade, CNBC prior to now reported. Firstly, in 2022, the corporate had mentioned it anticipated to finish a sale or by-product of Starz by way of the tip of the summer season.

CNBC prior to now reported on the time Lionsgate have been leaning towards divesting its studio department, which has a powerful library that still contains “The Starvation Video games” franchise and TV collection like “Mad Males,” as an alternative.

Lionsgate executives mentioned all over the February income name that the corporate used to be heading in the right direction to split Lionsgate and Starz by way of September. “Separation will give our two core companies the chance to pursue strategic and monetary paths that is sensible for each and every of them,” CEO Jon Feltheimer mentioned in February. “We are exploring a lot of monetary methods to depart each corporations with sturdy stability sheets on the time of separation.”

In March, Feltheimer mentioned at an investor convention that the corporate used to be nonetheless “having a look at a number of various choices” when it got here to exploring strategic choices. “We do not want any cash, we have delevered ourselves,” relating to their debt load, he added.

Lionsgate is scheduled to document its fiscal fourth quarter income Thursday.

Disclosure: Comcast is the father or mother corporate of NBCUniversal and CNBC. NBCUniversal operates Peacock.