secwatch.observer — SEC 8-K summary
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Issuer:     STARZ ENTERTAINMENT CORP /CN/ (STRZ)
CIK:        0000929351
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0000929351-25-000141
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starz Q3 revenue $320.9M, net loss $52.6M, OTT subs up 110k sequentially
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- Revenue $320.9M, operating loss $(34.8)M, net loss $(52.6)M (EPS $(3.15)).
- Adjusted OIBDA $21.8M; net debt $588.1M; leverage ratio 3.4x; revolver undrawn.
- U.S. OTT subscribers 12.3M (+110k seq.); total U.S. subs 17.5M (-130k) on linear pressure.
- Canadian subs +250k from carriage dispute resolution; total N.A. subs 19.2M (+120k seq.).
- Management reiterates all previously provided 2025 outlook; engagement on STARZ app at 12-month high.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/929351/000092935125000141/0000929351-25-000141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/929351/000092935125000141/starz-20251113.htm
  HTML page:      https://secwatch.observer/filing/0000929351-25-000141

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