#STARZ #OTT Subscribers #Fiscal Update

Starz Entertainment Reports Business Update for Fourth Quarter and Fiscal Year Ended March 31, 2025

Starz Entertainment Corporation has released its business update for the fourth quarter and the full fiscal year ending March 31, 2025. Throughout this period, the company has demonstrated noticeable revenue and subscriber trends that are essential to evaluate given the competitive landscape of the entertainment industry.

Q4 Financial Highlights

For the fourth quarter, Starz Entertainment recorded total revenues amounting to $330.6 million. Although the company incurred an operating loss of $(136.3) million, adjusted OIBDA (Operating Income Before Depreciation and Amortization) stood at $93.3 million. It is essential to note that these results include a restructuring charge of $177.4 million. This charge is primarily associated with a comprehensive reassessment of the company's content portfolio, a strategy to align operations as Starz positions itself as a standalone public entity independent from Lionsgate.

Despite the challenges posed by the entertainment strike impacting operations, Starz is optimistic about the strong fourth quarter performance, achieving over $200 million in adjusted OIBDA for the fiscal year.

Fiscal Year Overview

The total revenue for the fiscal year reached $1.37 billion, with an operating loss recorded at $(164.3) million. The adjusted OIBDA for the year was $201.5 million. Starz remains confident in its future financial trajectory, predicting an adjusted OIBDA nearing $200 million for the calendar year 2025.

The results from the recent quarter indicate growth in subscriber numbers. The strong performance can be attributed to a notable addition of 530,000 U.S. OTT subscribers during the period, pushing the total U.S. subscriber base to 12.3 million, reflecting a 2% increase. This notable growth aligns with the successful premiere of