United States securities and exchange commission logo May 23, 2023 James Barge Chief Financial Officer Lions Gate Entertainment Corp. 250 Howe Street, 20th Floor Vancouver, British Columbia V6C 3R8 Re: Lions Gate Entertainment Corp. Form 10-K for Fiscal Year Ended March 31, 2022 Filed May 26, 2022 Item 2.02 Form 8-K dated February 9, 2023 Response dated April 6, 2023 File No. 001-14880 Dear James Barge : We have reviewed your April 6, 2023 response to our comment letter and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to our comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to our comment, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our March 29, 2023 letter. Item 2.02 Form 8-K dated February 9, 2023 Exhibit 99.1 Reconciliation of Net Income (Loss) Attributable to Lions Gate Entertainment Corp. Shareholders..., page 18 1. We read your response to comment 2 and continue to believe that your non-GAAP adjustment to remove the effects of the deferred tax asset valuation allowance results in individually-tailored accounting. Please remove this adjustment from Adjusted Net Income (Loss) Attributable to Lions Gate Entertainment Corp. Shareholders. Refer to Question 100.04 of the Non-GAAP Financial Measures Compliance and Disclosure Interpretations. James Barge Lions Gate Entertainment Corp. May 23, 2023 Page 2 You may contact Suying Li at (202) 551-3335 or Rufus Decker at (202) 551-3769 with any questions. FirstName LastNameJames Barge Sincerely, Comapany NameLions Gate Entertainment Corp. Division of Corporation Finance May 23, 2023 Page 2 Office of Trade & Services FirstName LastName