Story perspectives
Starz Shifts Strategy Amid Subscriber Growth, $52.6M Loss
11/14/2025
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Story summary
- Starz is restructuring its Canadian operations by transitioning from a joint venture with Bell Media to a content licensing agreement, as announced by CEO Jeffrey Hirsch during a quarterly earnings call.
- The change aligns with Starz's strategy to own content and generate licensing revenue.
- Starz reported 12.3 million U.S. OTT subscribers, an increase of 110,000, and total North American subscribers reached 19.2 million.
- Despite this growth, the company incurred a net loss of $52.6 million on $321 million in revenue.
- Starz is developing its first-owned series, "Fightland," to enhance content ownership after separating from Lionsgate.
