Starz continued to make progress post-Lionsgate separation, with the company posting a narrowed net loss of $20.7 million despite total revenue falling 5.6% year over year to $322.8 million during its fourth quarter.
The company added 170,000 U.S. subscribers in its fiscal fourth quarter for a total of 17.6 million, driven by interest in scripted originals including “Power Book IV: Force” Season 3 and “Spartacus: House of Ashur.”
Streaming was a bright spot, with the company adding 370,000 over-the-top subscribers in the U.S. for a total of 12.7 million. But revenue for the segment fell to $210.3 million, compared to 236.4 million in the year ago period. Meanwhile, the linear TV business shed 200,000 subscribers for a total of 4.97 million,…
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source www.imdb.com ’
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