RestructuringAug 7, 2026, 07:07 AM
Starz Q2 Net Loss $189.4M; Restructuring Costs Hit $290.3M
AI Summary
Starz Entertainment Corp. reported a significant net loss of $189.4 million for Q2 2026, a substantial increase from $42.5 million in Q2 2025. This was primarily driven by $290.3 million in restructuring and other costs for the six months ended June 30, 2026, which included $147.2 million in programming contract termination fees and $129.8 million in content impairments as part of a strategic content portfolio rationalization. Total revenue also saw a decline, falling 3.7% in Q2 and 5.5% for the six-month period.
Key Highlights
- Q2 2026 net loss was $189.4 million, compared to $42.5 million in Q2 2025.
- Six-month net loss was $354.3 million, up from $195.5 million in prior year.
- Q2 2026 total revenue decreased 3.7% to $307.9 million.
- Six-month total revenue decreased 5.5% to $614.8 million.
- Restructuring and other costs for six months totaled $290.3 million.
- This included $147.2 million in programming contract termination fees.
- And $129.8 million in content impairments.
- Total equity decreased to $295.9 million from $646.0 million since Dec 2025.
Price Impact
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