The $30 million gamble on Apple TV+

Lionsgate has announced that The Studio, a satirical comdey series, will have its secnod season released on Apple TV+ for 2026.. The series, featuring a star-studded cast , has been gaining popularity, but the current release schedules led to mixed commercial success for other shows as well.

According to the report,The Studio season 2, created by Seth Rogen, Evan Goldberg, Peter Huyck, Alex Gregory, and Frida Perez, is confirmed for a 2026 release window on Apple TV+.

A mixed bag of commercial success

The show,a satirical comedy series about a Hollywood executive dealing with the entertainment industry's pressures, received a mixed commercial success from Lionsgate's current slate of shows,causing a drop in revenue and profitability.

The Studio season 1's reception, with an impressive ensemble cast, including Rogen and O'Hara, was well-received.

Apple TV+ to the rescue?

The updated release window announcement comes with the recent quarter's revenue and profitability decline for Lionsgate's TV shows.

No specific premiere date or specific months are mentioned, but The Studio season 2 is expected to be released later this year.