Starz posted a GAAP net loss of $189.4 million for the quarter ended June 30, 2026, more than quadrupling from the prior-year quarter.
GAAP revenue fell 3.7% to $307.9 million, as linear and other revenue dropped 12.2% to $86.6 million while OTT revenue was flat at $221.3 million.
GAAP operating loss widened to $175.5 million, driven by restructuring and other costs of $151.2 million that included $147.2 million of contract termination fees.
Starz Networks Adjusted OIBDA rose to $59.9 million from $33.4 million a year earlier.
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