Lionsgate posts Q2 operating loss $88.6M; Borderlands underperformance; STARZ subs down 2.6%

STARZ ENTERTAINMENT CORP /CN/

2025-Q2 EPS reported -$0.94 revenue$1,783,300,000

Net loss attributable to Lionsgate shareholders $163.3M ($0.68 diluted loss); adjusted net loss $102.5M ($0.43).
Studio Business revenue $823.7M (+4% YoY) but operating loss $34.8M; Adjusted OIBDA loss $6.3M.
Motion Picture profit down due to Borderlands theatrical underperformance; TV segment profit impacted by strikes.
STARZ OTT subscribers down 2.6% to 12.4M; expects sequential growth in Dec quarter after price increase.
Trailing 12-month library revenue $892M (+3%); separation of Studio/STARZ on track by year-end subject to approvals.

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