Starz Q3 Loss Widens to $53 Million
Starz Q3 Loss Widens to $53 Million
admin 2025/11/15 02:57The company shed 130,000 U.S. subscribers, driven by continued pressure on linear TV due to cord-cutting.
Starz missed Wall Street expectations as the company posted a wider-than-expected loss of $52.6 million and revenue tumbled 8% to $320.9 million in the third quarter.
The company shed 130,000 U.S. subscribers for a total of 17.5 million, driven primarily by continued pressure on linear subscribers due to cord-cutting. Linear subscribers fell by 24o,000 to 5.17 million. Meanwhile, streaming was a bright spot as Starz added...
➤➤➤ Continue to Article @ TheWrap
Starz missed Wall Street expectations as the company posted a wider-than-expected loss of $52.6 million and revenue tumbled 8% to $320.9 million in the third quarter.
The company shed 130,000 U.S. subscribers for a total of 17.5 million, driven primarily by continued pressure on linear subscribers due to cord-cutting. Linear subscribers fell by 24o,000 to 5.17 million. Meanwhile, streaming was a bright spot as Starz added...
➤➤➤ Continue to Article @ TheWrap
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