SEC Filing Summary: Lions Gate Entertainment Corp.
Business Context and Reporting Period
This Form 8-K was filed on January 21, 2005, by Lions Gate Entertainment Corp. (not Starz Entertainment Corp., as indicated in the metadata). The report addresses a change in accounting standards, specifically the conversion of prior period financial statements from Canadian GAAP to U.S. GAAP, effective April 1, 2004.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Instead, it references Exhibits 99.1, 99.2, and 99.3, which contain the Selected Financial Data, Management's Discussion and Analysis, and Consolidated Financial Statements converted to U.S. GAAP for the fiscal year ended March 31, 2004.
Material Changes
- Accounting Standard Conversion: The company restated its consolidated financial statements for the fiscal year ended March 31, 2004, to conform with U.S. GAAP, replacing the previously reported Canadian GAAP figures.
- Subsequent Events: Additional disclosures regarding subsequent events were added to the Management's Discussion and Analysis and the notes to the Consolidated Financial Statements.
Guidance, Outlook, and Risks
The filing does not contain new forward-looking guidance, management commentary on future operations, or specific risk factors beyond the disclosure of the accounting change. The attached sections from the 2004 10-K remain unchanged in content other than the accounting conversion and subsequent event disclosures.
Investor Verification Checklist
- Verify the specific financial impact of the conversion from Canadian GAAP to U.S. GAAP by reviewing Exhibit 99.1 (Selected Financial Data) and Exhibit 99.3 (Consolidated Financial Statements).
- Review Exhibit 99.2 for details on the "subsequent event disclosures" added to the 2004 10-K.
- Confirm that the registrant is Lions Gate Entertainment Corp., as the metadata reference to Starz Entertainment Corp. appears to be incorrect based on the filing text.