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Starz Cuts Losses, Grows OTT Subscribers Amid Revenue Drop

2/27/2026

31 7 Full Breakdown

Summary

Story summary

Starz narrowed its Q4 2025 net loss to $20.7 million.
Starz added 370,000 OTT subscribers to 12.7 million while losing 200,000 linear TV subscribers.
Total revenue fell to $322.8 million, a 5.6% year-over-year decline.
Starz ended 2025 with $204 million in adjusted EBITDA.
CEO Jeffrey Hirsch said Starz will stop disclosing subscriber numbers next quarter as part of a 2026 plan for a stronger programming slate and OTT revenue growth.

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Story summary

Starz narrowed its Q4 2025 net loss to $20.7 million.
Starz added 370,000 OTT subscribers to 12.7 million while losing 200,000 linear TV subscribers.
Total revenue fell to $322.8 million, a 5.6% year-over-year decline.
Starz ended 2025 with $204 million in adjusted EBITDA.
CEO Jeffrey Hirsch said Starz will stop disclosing subscriber numbers next quarter as part of a 2026 plan for a stronger programming slate and OTT revenue growth.