Story perspectives

Lionsgate's “Michael” First Biopic Hits $1 Billion, Triggers Sequel

7/13/2026

Summary

Lionsgate’s Michael Billion

Lionsgate’s biopic “Michael” became the first biographical film to exceed $1 billion worldwide, earning $371.8 million domestically and $629.8 million overseas.
It opened on April 24 2026 in the United States (April 22 2026 in the United Kingdom) with a $97 million debut and a $217.4 million opening weekend.
The $1 billion milestone made “Michael” Lionsgate’s biggest release and prompted the studio to greenlight a sequel.

Summary

Fuqua Scores Billion

Antoine Fuqua became the second Black director to helm a billion-dollar film.
“Michael” cost $155 million, earned about a 6.3-times return and gave Lionsgate a profit after its May 2025 split from Starz.
The Jackson estate’s objection prompted $50 million of reshoots, resulting in mixed-to-negative reviews yet an A-grade CinemaScore from audiences.
Kino Films in Japan contributed $35.75 million, the market that pushed worldwide revenue over $1 billion.

Summary

Lionsgate Partners

Lionsgate partnered with Universal Pictures International to distribute “Michael” globally, a rare single-studio collaboration.
Universal handled overseas markets, resulting in $629.8 million overseas earnings.
Producer Graham King said audience response was heartwarming and noted the film’s cross-generational appeal.
The box-office success prompted Lionsgate to pursue more high-profile biopics, shifting its strategy toward real-person dramas.

History

Historical Context

When Marvel Studios released Black Panther on February 16 2018, Ryan Coogler’s film became the fifth MCU entry and 33rd overall to top $1 billion, setting a record as the highest-grossing solo superhero and the top-earning film by an African-American director. Its cultural impact prompted studios such as Lionsgate to pursue cross-cultural biopics, accelerating a trend toward globally resonant, diverse productions.

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Lionsgate’s Michael Billion

Lionsgate’s biopic “Michael” became the first biographical film to exceed $1 billion worldwide, earning $371.8 million domestically and $629.8 million overseas.
It opened on April 24 2026 in the United States (April 22 2026 in the United Kingdom) with a $97 million debut and a $217.4 million opening weekend.
The $1 billion milestone made “Michael” Lionsgate’s biggest release and prompted the studio to greenlight a sequel.

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