Entertainment, Media & Sports · Week of Nov 2, 2026
Earnings season and a Fox-Roku close: the week in media releases
Studios, promoters and music owners reported September-quarter results, while Fox closed its Roku deal and Gamehaus agreed to buy into an AI video platform.
September-quarter earnings dominated the week. Lionsgate said revenue rose 41% to $668.8 million, with growth in both its Motion Picture and Television Production segments. Live Nation Entertainment reported third-quarter revenue of $10.1 billion, up 19%, and updated its full-year expectations. Reservoir Media raised its fiscal 2027 outlook after revenue rose 10%. Under Armour was the exception: revenue fell 7% to $1.2 billion, and the company lowered its expected gross margin improvement.
Deals were the other theme. Fox Corporation completed its acquisition of Roku and folded it into a new FOX Digital Platforms division alongside Tubi and FOX One. Gamehaus signed agreements to take a majority stake in the holding company of AI micro-serial platform Anamana. Elsewhere, FiEE reported results from a Kyoto art exhibition and auction, and Beyond Monumental said four course records fell at the Indianapolis Monumental Marathon.
Lionsgate
LIONSGATE REPORTS RESULTS FOR SECOND QUARTER FISCAL 2027
Lionsgate reported second quarter fiscal 2027 revenue of $668.8 million, up 41% year-over-year, with operating income of $29.1 million and a net loss from continuing operations attributable to shareholders of $15.5 million. The company attributes Motion Picture segment profit of $88.7 million to Michael and library strength, and says leverage improved to 3.7x.
Live Nation Entertainment
LIVE NATION ENTERTAINMENT REPORTS THIRD QUARTER 2026 RESULTS
Live Nation Entertainment reported third quarter 2026 revenue of $10.1 billion, up 19%, and AOI of $1.18 billion, up 14%, on fan attendance of 61 million. The company says it expects full-year fan attendance to approach 180 million, and that nine-month operating income of $1,043.4 million includes a $450.0 million item for governmental investigations and litigation.
Under Armour, Inc.
UNDER ARMOUR REPORTS SECOND QUARTER FISCAL 2027 RESULTS
Under Armour said second-quarter fiscal 2027 revenue decreased 7 percent to $1.2 billion, with a net loss of $0.4 million and gross margin down 30 basis points to 47.0 percent. The company now expects fiscal 2027 gross margin to increase 170 to 220 basis points, down from 220 to 270, while keeping adjusted operating income guidance at $140 million to $160 million.
Reservoir Media, Inc.
RESERVOIR MEDIA ANNOUNCES SECOND QUARTER FISCAL 2027 RESULTS
Reservoir Media reported quarterly revenue of $49.9 million, up 10% year-over-year, and net income of $4.6 million, compared with $2.2 million a year earlier. It raised its fiscal 2027 outlook to revenue of $188M - $192M and Adjusted EBITDA of $77M - $80M, and acquired the recorded music catalog of José Feliciano and the publishing catalog of Billy Strayhorn.
Gamehaus Holdings Inc.
Gamehaus Outlines Vision for an AI-Native Entertainment Group in Founder's Letter to Shareholders
Gamehaus signed definitive agreements on November 2, 2026 to acquire a majority stake in Techforge Co., Ltd, the holding company of AI micro-serial platform Anamana, and expects to hold approximately 56% upon closing in November 2026. In a founder's letter, the company says Anamana will become its primary growth engine and its gaming business will be managed for cash flow and profitability.
Fox Corporation
FOX CORPORATION COMPLETES ACQUISITION OF ROKU
Fox Corporation completed its acquisition of Roku on Nov. 6, 2026, with Roku stockholders entitled to $95.30 in cash and 0.9799 FOX Class A shares per share. FOX says it expects approximately $400 million of run-rate cost synergies within two years, and Roku founder Anthony Wood joins the board and becomes Co-Chair of the new FOX Digital Platforms division.
FiEE, Inc.
FiEE Advances O2O ArtTech Ecosystem with Approximately US$2.9 Million in Gross Transaction Value at Kyoto Artwork Sales Event, Targeting Art Advisory and Global Collector Networks
FiEE said its Kyoto exhibition and auction, organized with the Museum of Kyoto, produced approximately US$2.9 million in aggregate artwork transaction value, which it states is not its revenue, and about US$1.3 million in service revenue. The company plans regular art events and art advisory services, but cautions that future events may not achieve comparable results.
Beyond Monumental
Four Course Records and 28 Olympic Trials Qualifiers Highlight Historic 2026 CNO Financial Indianapolis Monumental Marathon
Beyond Monumental said four course records fell at the 19th annual CNO Financial Indianapolis Monumental Marathon, including Johnnie Guy's 2:11:47 and Lindsey Bradley's 2:29:47. It says 28 athletes achieved qualifying times for the 2028 U.S. Olympic Team Trials – Marathon, compared with 13 in 2025, and that the event recorded its earliest sellout.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not Rise Film Media reporting.