Lionsgate CEO Jon Feltheimer was frank about the poor results of his studio at the box office recently, most notably “Borderlands,” which has shaped up to be one of the year’s biggest critical and commercial busts and led to the studio’s motion ...

Lionsgate CEO Jon Feltheimer said its release of 'Borderlands,' 'everything that could go wrong, did go wrong.'

When it came to the bombing of Borderlands, among other late summer and fall releases, Lionsgate CEO Jon Feltheimer made no bones to emphasize culpa nostra. “On Borderlands, nearly everything that could go wrong did go wrong: it sat on the shelf for too long during the pandemic,

Lionsgate CEO Jon Feltheimer isn't mincing words when it comes to the Borderlands movie, which by all accounts was a total train wreck. Borderlands was in theaters for a month, in which time it managed to wrack up $15.

"Reshoots and rising interest rates took it outside the safety zone of our usually strict financial models." Lionsgate reported a loss of $163.3 million in its quarterly earnings,