STARZ ENTERTAINMENT CORP /CN/
Business
Starz Entertainment Corp. is a premium subscription video programming provider operating the STARZ, STARZ ENCORE, and MOVIEPLEX services with thousands of hours of original series and films. The company distributes through direct-to-consumer apps, linear networks, retail partners including Apple and Google, and multichannel video programming distributors across the U.S. and Canada. Revenue derives from recurring subscription fees and affiliation agreements with third-party distributors based on subscriber metrics.
Summary from 10-K filed 2025-06-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 | FY 2021 2021-03-31 |
|---|---|---|---|---|---|---|
| Total revenue | 1,370 | 1,392 | 1,423 | 3,604 | 3,272 | |
| Direct operating | 702 | 693 | 716 | — | — | |
| Distribution and marketing | 382 | 424 | 424 | — | — | |
| General and administration | 102 | 129 | 124 | 475 | 487 | |
| Depreciation and amortization | 170 | 162 | 156 | 178 | 189 | |
| Restructuring and other | 184 | 225 | 90 | — | — | |
| Goodwill and intangible assets impairment | 0 | 664 | 1,262 | 0 | — | |
| Total expenses | 1,540 | 2,296 | 2,771 | 3,595 | 3,101 | |
| Operating loss | −170 | −904 | −1,348 | 9 | 171 | |
| Interest expense | −46 | −47 | −59 | — | — | |
| Interest and other income | 5 | 4 | 600,000 | 31 | 6 | |
| Other expense | −7 | −8 | −7 | −11 | −7 | |
| Gain (loss) on extinguishment of debt | −6 | 21 | 59 | −28 | 0 | |
| Loss from continuing operations before income taxes | −224 | −934 | −1,354 | −177 | −17 | |
| Income tax benefit | 9 | 129 | 18 | −28 | −17 | |
| Net loss from continuing operations | −215 | −805 | −1,336 | — | — | |
| Net income (loss) from discontinued operations, net of income taxes | 4 | −111 | −535 | — | — | |
| Net loss | −211 | −915 | −1,871 | −188 | −19 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 | FY 2021 2021-03-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 18 | 23 | 272 | 371 | 529 | |
| Accounts receivable, net | 53 | 53 | 582 | 442 | 384 | |
| Due from LG Studios Business (Note 17) | 82 | 0 | — | — | — | |
| Other current assets | 18 | 18 | 264 | 245 | 274 | |
| Assets of discontinued operations - current | 0 | 33 | — | — | — | |
| Total current assets | 171 | 127 | 1,118 | 1,058 | 1,187 | |
| Programming content, net | 1,096 | 943 | — | — | — | |
| Property and equipment, net | 49 | 51 | — | — | — | |
| Intangible assets, net | 816 | 966 | — | — | — | |
| Other assets | 42 | 48 | 616 | 578 | 434 | |
| Assets of discontinued operations - noncurrent | 0 | 4 | — | — | — | |
| Total assets | 2,173 | 2,139 | 7,426 | 8,991 | 8,306 | |
| Accounts payable | 65 | 80 | 368 | 352 | — | |
| Programming related payables | 102 | 92 | 184 | 200 | — | |
| Other accrued liabilities | 65 | 66 | 273 | 234 | — | |
| Residuals | 30 | 25 | — | — | — | |
| Programming related obligations | 91 | 0 | — | — | — | |
| Deferred revenue | 39 | 29 | 147 | 175 | 166 | |
| Due to LG Studios Business (Note 17) | 232 | 52 | — | — | — | |
| Liabilities of discontinued operations - current | 0 | 66 | — | — | — | |
| Total current liabilities | 623 | 408 | 2,571 | 2,403 | 1,693 | |
| Debt | 700 | 697 | 1,978 | 2,202 | 2,543 | |
| Other liabilities | 76 | 80 | 318 | 377 | 337 | |
| Deferred tax liabilities | 9 | 11 | 32 | 39 | 40 | |
| Liabilities of discontinued operations - noncurrent | 0 | 24 | — | — | — | |
| Total liabilities | 1,407 | 1,220 | 6,297 | 5,987 | — | |
| Commitments and contingencies (Note 15) | — | — | — | — | — | |
| Parent net investment | 747 | 900 | — | — | — | |
| Accumulated other comprehensive income | 19 | 19 | 121 | 29 | −83 | |
| Total equity | 766 | 919 | 1,532 | 2,798 | 2,793 | |
| Total liabilities and equity | 2,173 | 2,139 | 7,426 | 8,991 | 8,306 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 | FY 2021 2021-03-31 |
|---|---|---|---|---|---|---|
| Amortization of programming content | 639 | 627 | 645 | — | — | |
| Amortization of debt financing costs and other non-cash interest | 4 | 3 | 4 | — | — | |
| Non-cash share-based compensation | 18 | 25 | 26 | 100 | 89 | |
| Other amortization | 7 | 8 | 9 | 93 | 73 | |
| Content impairments | 156 | 213 | 88 | 0 | 0 | |
| Deferred income taxes | −3 | −61 | −25 | — | — | |
| Accounts receivable, net | 4 | −35 | −3 | −45 | 138 | |
| Programming content | −945 | −748 | −916 | — | — | |
| Other assets | −4 | −1 | −6 | −212 | −4 | |
| Accounts payable and accrued liabilities | −38 | −80 | −13 | 1 | 33 | |
| Residuals | −2 | 2 | 7 | — | — | |
| Programming related payables | −46 | 32 | −38 | — | — | |
| Deferred revenue | 11 | 6 | 100,000 | — | — | |
| Due to LG Studios Business | 199 | 15 | 15 | — | — | |
| Net Cash Flows Provided By (Used In) Operating Activities - Continuing Operations | −39 | 6 | −184 | — | — | |
| Net Cash Flows Used In Operating Activities - Discontinued Operations | −7 | −138 | −254 | — | — | |
| Net Cash Flows Used In Operating Activities | −46 | −132 | −438 | −661 | −500,000 | |
| Capital expenditures | −18 | −20 | −34 | −33 | −35 | |
| Net Cash Flows Used In Investing Activities - Continuing Operations | −99 | −20 | −34 | — | — | |
| Net Cash Flows Used In Investing Activities - Discontinued Operations | 0 | −4 | −8 | — | — | |
| Net Cash Flows Used In Investing Activities | −99 | −25 | −43 | −81 | −31 | |
| Debt - borrowings, net of debt issuance and redemption costs | 412 | 0 | 0 | 2,448 | 200 | |
| Debt - repurchases and repayments | −452 | −61 | −135 | — | — | |
| Programming related obligations - borrowings | 310 | 190 | 104 | — | — | |
| Programming related obligations - repayments | −220 | −273 | −117 | — | — | |
| Parent net investment | 73 | 130 | 348 | — | — | |
| Net Cash Flows Provided By (Used In) Financing Activities - Continuing Operations | 123 | −15 | 200 | — | — | |
| Net Cash Flows Provided By Financing Activities - Discontinued Operations | 3 | 147 | 228 | — | — | |
| Net Cash Flows Provided By Financing Activities | 126 | 132 | 428 | 599 | 238 | |
| Net Change In Cash and Cash Equivalents | −19 | −25 | −53 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is STARZ ENTERTAINMENT CORP /CN/'s CIK number?
STARZ ENTERTAINMENT CORP /CN/'s SEC CIK number is 0000929351 (929351). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find STARZ ENTERTAINMENT CORP /CN/'s SEC filings?
All of STARZ ENTERTAINMENT CORP /CN/'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did STARZ ENTERTAINMENT CORP /CN/ last report earnings?
STARZ ENTERTAINMENT CORP /CN/ (STRZ) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000929351-26-000030). This is STARZ ENTERTAINMENT CORP /CN/'s most recent earnings filing of record — not a forecast of its next earnings date.
What is STARZ ENTERTAINMENT CORP /CN/'s most recent earnings 8-K?
STARZ ENTERTAINMENT CORP /CN/'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0000929351-26-000030. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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