Starz Q3 Revenue Rises as Net Loss Narrows

Starz reported third-quarter revenue of $322.4 million and a net loss of $34.8 million, narrower than a year earlier, as growth in streaming revenue helped offset lower linear and other revenue. The company’s results for the three months ended Sept. 30, 2026, also exceeded Wall Street analysts’ revenue and per-share loss expectations, according to the reported consensus figures. Revenue rose from $320.9 million in the third quarter of 2025, while the net loss narrowed from $52.6 million. Starz reported a diluted loss of $2.02 per share, compared with an expected loss of $2.96 per share, and revenue above the $319.5 million analysts had forecast. Over-the-top, or OTT, revenue increased 1.7% to $226.6 million from $222.8 million a year earlier. Chief Financial Officer Scott MacDonald said growth would have been 3.2% on a pro forma basis after adjusting for a change in the company’s Canadian operations, which shifted to a content-licensing arrangement in the fourth quarter of 2025. Linear and other revenue declined to $95.8 million from $98.1 million. Starz said increased distribution revenue, driven in part by its first owned original series, Fightland, partially offset the...