Starz Reports Subscriber Losses After Separation From Lionsgate

Starz reports subscriber losses after separation from Lionsgate

A billboard in Los Angeles promotes TV shows on the streaming service Starz. (Photo by Matthew Keys for The Desk) Key Points: Starz posted a Q2 net loss of $42.5 million on revenue of $319.7 million, down 8 percent year over year, as subscriber declines weighed on results. Total subscribers dropped to 19.1 million from 23.9 million a year earlier, including declines across its streaming and cable networks services. Adjusted OIBDA fell to $33.4 …

Starz Sheds 520,000 Subscribers As Revenue Declines Post-Lionsgate Split

Newly-solo Starz released its second quarter financials on Thursday, with revenue down and a swing to an operating loss.

Starz Quarterly Fiscal Loss Skyrockets as Revenue, Subscribers Decline

Starz, the digital media distributor recently spun off by Lionsgate, Aug. 14 reported a quarterly net loss of $42.5 million compared to net profit of $4.2 million in the prior-year period. Total revenue declined 9% to $319.7 million from $347.6 million last year. Streaming revenue declined 5.5% to $221.1 million from $234.4 million. Domestic streaming … Continue reading "Starz Quarterly Fiscal Loss Skyrockets as Revenue, Subscribers Decline" The…