Starz Posts Widened Q3 Loss as Revenue Declines Post-Lionsgate Split

Starz released its third-quarter financial results on Thursday. The report showed a decline in overall revenue. It also revealed a widened net loss for the standalone company.

The figures represent one of the first full quarters since its separation from Lionsgate. Company leadership remains optimistic about future growth and a strong content slate.

Financial Performance and Subscriber Trends

Total revenue fell to $321 million. This is down from $347 million in the same period last year. The company’s operating loss also widened significantly.

The net loss for the quarter was $52.6 million. This compares to a net loss of $30.6 million a year earlier. According to Reuters, such post-spinoff adjustments are often complex.

Streaming revenue dipped slightly to $222.8 million. Linear and other revenue saw a more pronounced drop. The company is focusing on content licensing to boost future income.

Strategic Shifts and Future Outlook

Starz is implementing major structural changes to improve its economics. This includes altering its Canadian operation. A joint venture with Bell Canada will be replaced by a simpler content licensing deal.

President and CEO Jeffrey Hirsch expressed confidence in the company’s direction. He highlighted a strong upcoming slate of original programming. The strategy aims to scale its core audience of women and underrepresented viewers.

The company added 110,000 OTT subscribers in the quarter. This brought the total to 12.29 million streaming customers. Total subscribers now stand at 19.2 million.

The latest Starz Q3 2025 results highlight the challenges of operating as a newly independent entity. However, strategic content moves and subscriber growth provide a positive path forward. The company’s focus on owned series and licensing deals is key to its future profitability.

Info at your fingertips

What was Starz’s total revenue for Q3 2025?

Starz reported total revenue of $321 million for the third quarter. This represents a decrease from the $347 million reported in the same period last year. The decline was seen across both streaming and linear segments.

How many subscribers does Starz have?

Starz ended the quarter with 19.2 million total subscribers. This includes 12.29 million OTT streaming subscribers. The company added 110,000 streaming customers during the period.

Is Starz profitable?

Starz reported a net loss of $52.6 million for the third quarter. This is wider than the $30.6 million loss from the previous year. The company is implementing new strategies to improve its financial standing.

What changes is Starz making in Canada?

Starz is replacing its joint venture with Bell Canada. It will now use a content licensing agreement model. This change means Starz will no longer report Canadian subscriber numbers.

What is the outlook for Starz?

CEO Jeffrey Hirsch stated the company expects continued momentum. He pointed to a strong slate of originals aimed at its core audience. The focus is on generating new revenue through content licensing.

Trusted Sources

Reuters