Starz Losses Widen to $53 Million as Subscribers Stay Steady at 19 Million

Having split from Lionsgate, Starz released its third quarter financials on Thursday, with revenue down on a widened net loss.

Starz saw overall revenue fall to $321 million, down from a year-earlier revenue at $347 million. The standalone company recorded a widened operating loss at $34.8 million, against a year-earlier operating loss of $17 million. The net loss for the latest quarter was $52.6 million, compared to a year-earlier net loss of $30.6 million.

The company posted streaming revenue at $222.8 million, against a year-earlier $232.2 million. And linear and other revenue came to $98.1 million, compared to $114.7 million in the year-earlier period.

Having split from Lionsgate, Starz released its third quarter financials on Thursday, with revenue down on a widened net los