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Newly-solo Starz released its second quarter financials on Thursday, with revenue down and a swing to an operating loss.
Starz saw an 8% drop in revenue for its April 1-June 30 earnings, the now-standalone media company reported Thursday.
Starz reported total revenue of $319.7 million in the second quarter, slightly below Wall Street’s expectations thanks to ...
The company's subs loss was driven by pressure on linear subscribers and a loss of 120,000 over-the-top subscribers ...
The premium TV channel and streaming service, which separated from Lions Gate Entertainment in May, posted a loss of $42.5 million, or $2.54 a share, for the quarter ended June 30. That's compared ...
Lionsgate TV boss Kevin Beggs tells TheWrap about the "guerrilla marketing campaign" that turned "The Hunting Wives" into a ...
Lionsgate CEO Jon Feltheimer says spinning off his Hollywood film and TV studio business from Starz via a Special Purpose Acquisition Company (SPAC) deal offers the best flexibility available ...
Lionsgate acquired Starz in 2016 for $4.4 billion, and over time, has steadily grown its customer base, which grew by 4.8 million for the quarter, reaching a total of 35.8 million.
Lionsgate is set to (finally) acquire Starz in a deal valued at $4.4 billion, spread across cash and stock. The two companies had previously flirted for quite some time.
Lionsgate spent $4.4 billion to buy Starz in 2016, a move that expanded its television operations, but one that also added to its debt load.
Representatives of Lionsgate and Starz declined to comment on the merger talk. Analysts have long been intrigued by a Lionsgate-Starz merger as well as Malone’s interest in reshaping Hollywood.
Lionsgate said the deal in total values Starz shares at $32.73, an 18% premium over the 20-day average trading price for Starz as of June 28.