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Psycho, Vampire turn around Lions Gate fortunes

Lions Gate Entertainment achieved net income of $5.7m (C$8.7m) in its fiscal year ended March 31, 2001, compared to a net loss of $3.5m (C$5.3m) the previous year. The company credited the turnaround on a strong fourth quarter driven by theatrical releases such as American Psycho and Shadow Of The Vampire and the home video releases of American Psycho and The Million Dollar Hotel. The company also benefited from Trimark's post-acquisition revenue from ...

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