secwatch.observer — SEC 8-K summary
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Issuer:     STARZ ENTERTAINMENT CORP /CN/ (STRZ)
CIK:        0000929351
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0000929351-26-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starz Q4 revenue $322.8M, net loss $20.7M; OTT subs record 12.7M
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- Revenue $322.8M; net loss $(20.7)M ($(1.24)/share); operating loss $(4.7)M.
- Adjusted OIBDA $55.5M; trailing 12-month adjusted OIBDA $204.0M.
- Total US subscribers 17.6M (+170k QoQ); OTT subscribers 12.7M (+370k QoQ, record).
- 2026 outlook: grow adj. OIBDA & OTT revenue, delever to ~2.7x, improve FCF.
- Net debt $589.4M; adjusted OIBDA leverage ratio 2.9x; $150M revolver undrawn.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/929351/000092935126000009/0000929351-26-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/929351/000092935126000009/starz-20260226.htm
  HTML page:      https://secwatch.observer/filing/0000929351-26-000009

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