secwatch.observer — SEC 8-K summary
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Issuer:     STARZ ENTERTAINMENT CORP /CN/ (STRZ)
CIK:        0000929351
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0000929351-25-000102
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starz Q2 net loss $42.5M, revenue $319.7M, subscribers decline sequentially
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- Net loss of $42.5M ($2.54 per share); operating loss $26.9M; Adjusted OIBDA of $33.4M.
- Revenue $319.7M; management reiterates sequential revenue and OTT sub growth in Q3/Q4.
- US OTT subs 12.2M (down 120k); total US subs 17.6M (down 410k); North America 19.1M (down 520k).
- Net debt $573.5M ($300M Term Loan A, $325.1M notes, $51.6M cash); leverage ratio 3.2x; $150M revolver undrawn.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/929351/000092935125000102/0000929351-25-000102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/929351/000092935125000102/starz-20250814.htm
  HTML page:      https://secwatch.observer/filing/0000929351-25-000102

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