secwatch.observer — SEC 8-K summary
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Issuer:     STARZ ENTERTAINMENT CORP /CN/ (STRZ)
CIK:        0000929351
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0000929351-23-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lionsgate Q3 fiscal 2023 revenue $1.0B, net income $16.6M; adjusted EPS $0.26, library revenue record $845M
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- Revenue $1.0B, operating income $7.8M; net income $16.6M ($0.07 diluted EPS); adjusted net income $59.3M ($0.26 adjusted diluted EPS).
- Film & TV library revenue trailing 12 months record $845M; Studio Business revenue +25% to $894.2M, segment profit +71% to $148.0M.
- Media Networks revenue $380.3M (flat YoY); segment profit improved to $49.5M; recognized $80.8M restructuring charge; global subscribers 37.2M (down seq).
- Television Production revenue +38% to $605.4M, segment profit +270% to $71.5M; Motion Picture revenue +5% to $288.8M, segment profit +13% to $76.5M.
- Repurchased $124M bonds at $82M ($42M net debt reduction); sold STARZPLAY Arabia interest for $43M cash gain; cash $425M, undrawn revolver $1.25B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/929351/000092935123000004/0000929351-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/929351/000092935123000004/lgfa-20230209.htm
  HTML page:      https://secwatch.observer/filing/0000929351-23-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer