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Starz Sees Wider Losses in Q1 on Content-Impairment Charges as Company Marks One Year Since Lionsgate Spinoff

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CitrixNews Staff
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Starz Sees Wider Losses in Q1 on Content-Impairment Charges as Company Marks One Year Since Lionsgate Spinoff
May 7, 2026 1:11pm PT Starz Sees Wider Losses in Q1 on Content-Impairment Charges as Company Marks One Year Since Lionsgate Spinoff

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Jennifer Maas

TV Business Writer

@jmaasaronson See All NEW YORK, NEW YORK - MARCH 02: Jeffrey A. Hirsch, President & CEO, Starz, speaks onstage during the Red Carpet Premiere of Outlander: The Final Season at Alice Tully Hall on March 02, 2026 in New York City. (Photo by Jamie McCarthy/Getty Images for STARZ) Getty Images for STARZ

Starz reported first-quarter 2026 earnings Thursday revealing wider losses, largely due to content-impairment charges — but the media company gave indications it’s improving its financial position one year out from its spinoff from Lionsgate.

Total revenue dropped 7.2%, to $306.9 million, and Starz posted an operating loss of -$152.8 million versus -$142.3 million in the year-earlier period.

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Originally reported by Variety