Starz Beats Wall Street’s Q3 Earnings Estimates as Net Loss Narrows to $35 Million, Linear TV Revenue Dips
Starz beat Wall Street’s expectations for the third quarter of 2026, while narrowing its net loss compared with a year earlier. The results offer an early snapshot of the company’s performance since it became a standalone business after separating from Lionsgate in May 2025.
Starz reported a net loss of $34.8 million, down from $52.6 million a year earlier, and revenue of $322.4 million. Streaming revenue rose 1.7% to $226.6 million, or 3.2% on a pro forma basis accounting for a change in Canadian operations; linear TV and other revenue fell to $95.8 million from $98.1 million. The company said the film “Michael” became its best-performing Pay 1 title, while increased distribution revenue tied partly to its first owned original series, “Fightland”, helped offset the linear revenue decline.
In short
- Starz beat quarterly earnings and revenue estimates.
- Its net loss narrowed to $34.8 million.
- Streaming revenue rose as linear TV revenue dipped.
Explained simply
Starz is a US entertainment company that makes and distributes films and television programmes. It earns money from streaming subscriptions and from traditional television channels sold through cable and other providers.
In May 2025, Starz separated from Lionsgate and became a standalone business, so its results provide a clearer view of its finances on its own. Its performance matters to investors assessing how it is adapting as viewers shift from traditional television to streaming.
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