Starz Q1 Mixed As It Marks First Year Flying Solo: CEO Jeff Hirsch Calls Company “Structurally Stronger” Since Split From Lionsgate

Starz posted a mixed first quarter as it celebrated one year as a standalone company after separating from Lionsgate. It continues to juggle OTT and linear as it fine tunes programming including with new owned originals.

The stock has surged this year. It popped after the numbers, up more than 3% in late trading at $20.80.

Starz, following Netflix and others, no longer reporting quarterly subscriber numbers.

“As we mark the one-year anniversary of our separation today, I’m proud to report that STARZ is a structurally stronger company than when we separated,” said CEO Jeffrey Hirsch.

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