secwatch.observer — SEC 8-K summary
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Issuer:     STARZ ENTERTAINMENT CORP /CN/ (STRZ)
CIK:        0000929351
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0000929351-23-000032
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lionsgate Q2 revenue $1.0B, operating loss $817.5M on $876M Media Networks charges
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- Revenue $1.0B, operating loss $817.5M includes $664M goodwill/trade name impairment and $212M restructuring charge.
- Adjusted net income $48.6M ($0.21 diluted EPS); Adj OIBDA $140.7M.
- STARZ added 200K domestic OTT subscribers; exiting UK by March 31, 2024.
- Trailing 12-month library revenue $870M (+17% YoY); studio backlog $1.5B.
- Cash from ops $301.1M; adjusted free cash flow $133.4M; reaffirms full-year guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/929351/000092935123000032/0000929351-23-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/929351/000092935123000032/lgfa-20231109.htm
  HTML page:      https://secwatch.observer/filing/0000929351-23-000032

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