- Today
- Holidays
- Birthdays
- Reminders
- Cities
- Atlanta
- Austin
- Baltimore
- Berwyn
- Beverly Hills
- Birmingham
- Boston
- Brooklyn
- Buffalo
- Charlotte
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dallas
- Denver
- Detroit
- Fort Worth
- Houston
- Indianapolis
- Knoxville
- Las Vegas
- Los Angeles
- Louisville
- Madison
- Memphis
- Miami
- Milwaukee
- Minneapolis
- Nashville
- New Orleans
- New York
- Omaha
- Orlando
- Philadelphia
- Phoenix
- Pittsburgh
- Portland
- Raleigh
- Richmond
- Rutherford
- Sacramento
- Salt Lake City
- San Antonio
- San Diego
- San Francisco
- San Jose
- Seattle
- Tampa
- Tucson
- Washington
Starz Entertainment Corp. Reports Results for the Fourth Quarter Ended December 31, 2025
Grew Fourth Quarter Revenue Sequentially to $322.8 Million
Published on Feb. 26, 2026
Got story updates? Submit your updates here. ›
Starz Entertainment Corp. reported results for the quarter ended December 31, 2025, including consolidated revenue of $322.8 million and net loss of $(20.7) million. The company grew its OTT and total subscribers sequentially and achieved record-high OTT subscribers of 12.7 million. Management expects 2026 to be a positive financial inflection point as the company executes on its long-term targets.
Why it matters
Starz's results highlight the company's progress as a standalone entity following its separation from Lionsgate. The growth in OTT subscribers and improved financial performance demonstrate Starz's ability to execute its strategy and capitalize on the shift to streaming, despite broader industry challenges.
The details
In the fourth quarter, Starz reported revenue of $322.8 million and a net loss of $(20.7) million. The company grew its OTT subscriber base by 370,000 to 12.7 million, a new high, and increased total subscribers by 170,000 to 17.6 million. This subscriber growth was driven by interest in Starz's original programming, including Power Book IV: Force and Spartacus: House of Ashur. Starz ended the quarter with $300 million outstanding on its Term Loan A and $325.1 million in senior unsecured notes, resulting in a total net debt of $589.4 million and a trailing twelve-month Adjusted OIBDA Leverage Ratio of 2.9x.
- Starz reported results for the quarter ended December 31, 2025.
- The company's OTT subscribers reached a new high of 12.7 million as of December 31, 2025.
The players
Starz Entertainment Corp.
A leading premium entertainment destination for women and underrepresented audiences, and home to popular franchises and series on television.
Jeffrey Hirsch
President and CEO of Starz Entertainment Corp.
What they’re saying
“Just nine months after our separation, we are beginning to see the full impact of operating as a standalone company. We exceeded all our financial guidance in 2025 and expect 2026 to be a positive financial inflection point for the company as we enter the year with record-high OTT subscribers and a balance sheet that outperformed our deleveraging expectations.”
— Jeffrey Hirsch, President and CEO (Starz Entertainment Corp.)
The takeaway
Starz's strong fourth quarter results and outlook for 2026 demonstrate the company's ability to thrive as a standalone entity, capitalizing on the growth of its OTT platform and original programming to drive sustainable revenue and profitability. The company's focus on disciplined investment, operational efficiency, and deleveraging its balance sheet positions it well to continue executing on its long-term strategy.
