Starz Sees Wider Losses in Q1 as Company Marks One Year Since Lionsgate Spinoff

May 7, 2026 1:11pm PT Starz Sees Wider Losses in Q1 as Company Marks One Year Since Lionsgate Spinoff

By Jennifer Maas

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Jennifer Maas

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@jmaasaronson

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Starz reported first-quarter 2026 earnings Thursday revealing wider losses for the media company — but it gave indications it’s been slowly improving its financial position one year out from its spinoff from Lionsgate.

Total revenue dropped 7.2%, to $306.9 million, and Starz posted an operating loss of -$152.8 million (versus -$142.3 million in the year-earlier period).

Over-the-top streaming revenue for the January-March quarter was $211.1 million, down from $225.5 million in the year-ago quarter. Linear and “other revenue” came to $95.8 million vs. $105.1 million.

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