secwatch.observer — SEC 8-K summary
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Issuer:     STARZ ENTERTAINMENT CORP /CN/ (STRZ)
CIK:        0000929351
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001628280-23-028565
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lionsgate Q1 revenue up 2% to $909M, operating loss $16.8M; to acquire eOne from Hasbro
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- Net loss $70.7M ($0.31 diluted); adjusted net loss $9.8M ($0.04); adjusted OIBDA $85.7M.
- Trailing 12-month library revenue record $896M; studio backlog $1.5B.
- Signed definitive agreement to acquire eOne from Hasbro (deal value not disclosed).
- STARZ to exit Latin America by Dec 31, focus on U.S., U.K., Canada.
- Repurchased $85M bonds for $61M, reducing net debt and future cash interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/929351/000162828023028565/0001628280-23-028565-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/929351/000162828023028565/lgfa-20230809.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-028565

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