
Entertainment
Starz Q1 Loss Widens as Streaming, Linear Revenues Fall
- Starz reported revenue of $306.9 million on a net loss of $164.9 million, or 9.83 per share.
- Wall Street expected revenue of $305.7 million on a loss of 81 cents per share, per Yahoo Finance.
- The quarterly results come as the premium cable network and streamer celebrates its one-year anniversary since the Lionsgate separation
Starz posted a net loss of $164.9 million in the first quarter, widening 7% from a loss of $153 million a year ago.
Meanwhile, total revenue declined 7% to $306.9 million, driven by a 5.5% year over year drop in streaming revenue to $211.1 million and a 6.8% drop in linear and other revenue to $95.8 million. The Starz Networks segment saw operating income fall 37.8% to $58 million, while the company’s total operating loss widened 7% to $152.8 million.
The quarter’s results reflected Starz’s restructuring of its Canada business into a licensing revenue stream. Starz is also no longer disclosing its subscriber figures on a quarterly basis, following in the footsteps of major players Netflix, Disney and Warner Bros. Discovery. The company last disclosed a total of 12.7 million over-the-top subscribers and 5 million linear TV subscribers.
“As we mark the one-year anniversary of our separation today, I’m proud to report that Starz is a structurally stronger company than when we separated. Over the past year, we have executed with discipline against our strategic and financial priorities to position the company for long-term value creation,” Starz CEO Jeff Hirsch said. “Given our progress and one of our strongest content lineups we’ve had in years, we are increasingly confident in our ability to drive OTT revenue growth, reduce leverage, expand margins, and generate sustainable free cash flow in the years ahead.”
Looking ahead, Starz maintained its guidance of positive year over year streaming revenue growth and low single-digit adjusted operating income growth. It also expects unlevered free cash flow between $80 million and $120 million and a leverage ratio exiting 2026 of approximately 2.7 times.
More to come…
>
movies
Diablo Cody Movie Always, Roxanne In Works With True North (EXCLUSIVE)
EXCLUSIVE: Diablo Cody has lined up familiar faces as partners for her next film project, Always, Roxanne: The film will be produced by Nathan Kahane via his True North banner, as well as Mason Novick, Deadline has learned.
Cody’s script follows Roxanne, an obsessive high school senior who goes to her ex-boyfriend’s college campus to win him back, only to wage war on his new girlfriend and accidentally find the first person who truly understands her.
The film, which does not yet have a director, extends a longstanding creative partnership between Cody and Novick, who have now worked together on over 10 projects: Novick was Oscar-nominated for producing Cody’s Best Picture nominee Juno and is currently working with her on a sequel to her cult classic Jennifer’s Body.
Kahane worked with Cody & Novick on the films Juno and Young Adult during his time at Mandate Pictures. He told us, “I couldn’t imagine a better time to reunite with my former collaborators Diabo Cody and Mason Novick than a moment when younger audiences are rediscovering the joy of the theatrical experience.”
Best known for breakout with Juno, the coming-of-age romance that brought her the Academy Award for Best Original Screenplay, Cody’s filmography also includes titles like Tully, Ricki and the Flash, Lisa Frankenstein and more, in addition to those previously mentioned. She is represented by WME and MXN Entertainment.
While at his previous companies Mandate and Good Universe, Kahane shepherded the Neighbors and Harold and Kumar comedy franchises, as well as films sfuch as This Is the End, Don’t Breathe, Good Boys and Stranger Than Fiction. Prior to launching True North, he was President of the Motion Picture Group at Lionsgate.
Other credits for Novick include (500) Days of Summer and the recent Forbidden Fruits.
>
Entertainment
Pro Dancers Celebrate Return of Best Dance Category at 2026 MTV VMAs
>
movies
‘Tulsa King Season 4 Trailer’: “Bad Things Are Going To Happen”
“Thing happen, they change the course of a man’s life,” says Sylvester Stallone‘s Dwight at the opening of the Season 4 trailer for Tulsa King. “If I find out whose fault this is, bad things are gonna happen to bad people,” warns the beaten-down Dwight.
Per the Season 4 logline, Dwight (Stallone) fights to legitimize his empire and protect his crew as corrupt politicians, dangerous new enemies, and a crushing personal loss hit from every direction. However, every hard-won gain comes with even harder truths: about loyalty, leadership and the cost of ambition. Each move drags Dwight deeper into the street instincts he left behind in New York – turning Tulsa into a battleground and Dwight into the one threat no one can afford to underestimate.
“Everything I own is gone,” Dwight laments a bit later in the trailer. “I’m not ready to fold.” he confidently asserts. “I’m gonna get it all back.”
We also see a bit more of new cast member Gretchen Mol in the trailer. Mol plays Amanda Clark, a Tulsa politician. When asked by a reporter, “Has the mob come to Oklahoma?” she replies sternly, “It may have come, but it sure as hell ain’t staying’.”
Terence Winter is head writer and executive producer. Sheridan and Stallone executive produce, along with David C. Glasser, Ron Burkle, David Hutkin, Bob Yari, Thomas Kelly, and Keith Cox.
The series, which premieres Friday, October 16 on Paramount+, is produced by Paramount Television Studios and 101 Studios and distributed by Paramount Global Content Distribution.
Check out the trailer above and see first-look photos here.
>
-
movies4 months agoSearch For Canadian TV Actor Stewart McLean Now Homicide Investigation
-
Fashion9 years agoThese ’90s fashion trends are making a comeback in 2017
-
Fashion9 years agoAccording to Dior Couture, this taboo fashion accessory is back
-
Fashion9 years agoModel Jocelyn Chew’s Instagram is the best vacation you’ve ever had
-
Fashion9 years agoEmily Ratajkowski channels back-to-school style
-
Fashion9 years ago9 Celebrities who have spoken out about being photoshopped
-
Anime4 months agoRurouni Kenshin: Hokkaido Arc Manga Takes 1-Issue Break – News
-
Anime3 months agoHIDIVE to Stream English Dubs for The World Is Dancing, The Forsaken Saintess and Her Foodie Roadtrip in Another World, The Dangers in My Heart: The Movie Anime – News
