{"id":2406553,"date":"2026-05-07T20:07:06","date_gmt":"2026-05-07T20:07:06","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2406553"},"modified":"2026-05-07T20:07:06","modified_gmt":"2026-05-07T20:07:06","slug":"starz-entertainment-corp-reports-results-for-the-first-quarter-ended-march-31-2026","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/starz-entertainment-corp-reports-results-for-the-first-quarter-ended-march-31-2026\/","title":{"rendered":"Starz Entertainment Corp. Reports Results for the First Quarter Ended March 31, 2026"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"prntac\"><b>STARZ Delivers Positive Operating Cash Flow and Accelerates Margin Expansion Timeline<\/b><\/p>\n<ul type=\"disc\">\n<li>OTT Revenue Grew Sequentially to $211.1 Million<\/li>\n<li>Net Cash Provided by Operating Activities was $73.2 Million, a Year-over-Year Improvement of $136.7 Million<\/li>\n<li>Unlevered Free Cash Flow and Equity Free Cash Flow were $80.7 Million and $68.7 Million, Respectively<\/li>\n<li>Operating Loss was $(152.8) Million<\/li>\n<li>Adjusted OIBDA<sup>1<\/sup> Grew Sequentially to $58.0 Million<\/li>\n<li>Management Accelerates 20% Adjusted\u00a0OIBDA Margin Outlook to the Second Half of 2027, One Year Ahead of Prior Guidance<sup>2<\/sup><\/li>\n<li>Management Reiterates All Previously Provided 2026 Outlook Targets<\/li>\n<\/ul>\n<p><span class=\"legendSpanClass\">SANTA MONICA, Calif.\u00a0and VANCOUVER, B.C.<\/span>, <span class=\"legendSpanClass\">May 7, 2026<\/span> \/PRNewswire\/ &#8212; STARZ (NASDAQ: <a rel=\"nofollow\" target=\"_blank\" class=\"ticket-symbol\" data-toggle=\"modal\" href=\"#financial-modal\">STRZ<\/a>) today reported results for the quarter ended March\u00a031, 2026. This press release includes consolidated financial results for STARZ Entertainment Corp.<\/p>\n<p>&#8220;As we mark the one-year anniversary of our separation today, I&#8217;m proud to report that STARZ is a structurally stronger company than when we separated,&#8221; said STARZ President and CEO Jeffrey Hirsch. &#8220;Over the past year, we have executed with discipline against our strategic and financial priorities to position the company for long-term value creation, and we delivered a strong start to the year, meeting or exceeding all of our key financial targets. Given our progress and one of our strongest content lineups we&#8217;ve had in years, we are increasingly confident in our ability to drive OTT revenue growth, reduce leverage, expand margins, and generate sustainable free cash flow in the years ahead.&#8221;<\/p>\n<p><b><u>Summary of First Quarter 2026 Financial <\/u><\/b><b><u>Results<\/u><\/b><\/p>\n<p><b>For the quarter ended March<\/b>\u00a0<b>31, 2026, STARZ reported:<\/b><\/p>\n<ul type=\"disc\">\n<li>Revenue: $306.9 million<\/li>\n<li>Operating loss: $(152.8) million<\/li>\n<li>Adjusted OIBDA<sup>1<\/sup>: $58.0 million<\/li>\n<li>Net cash provided by operating activities: $73.2 million<\/li>\n<li>Unlevered free cash flow: $80.7 million<\/li>\n<li>Equity free cash flow: $68.7 million<\/li>\n<\/ul>\n<p><b>As of March 31, 2026, key balance sheet metrics included:<\/b><\/p>\n<ul type=\"disc\">\n<li>Cash and cash equivalents: $102.1 million<\/li>\n<li>Total debt: $625.1 million, including a $300.0 million Term Loan A credit facility and $325.1 million in senior unsecured notes<\/li>\n<li>Net debt: $523.0 million<\/li>\n<li>Adjusted\u00a0OIBDA leverage<sup>3<\/sup> ratio: 3.1x (trailing twelve months)<\/li>\n<li>The Company&#8217;s $150.0 million revolving credit facility remained fully undrawn<\/li>\n<\/ul>\n<p><b>2026 outlook reiterated:<\/b><\/p>\n<ul type=\"disc\">\n<li>Positive year-over-year OTT revenue growth<\/li>\n<li>Low-single-digit year-over-year Adjusted\u00a0OIBDA growth<\/li>\n<li>Unlevered free cash flow of between $80.0 million to $120.0 million<\/li>\n<li>Adjusted\u00a0OIBDA leverage ratio exiting 2026 at approximately 2.7x<\/li>\n<\/ul>\n<p><b><u>Conference Call<\/u><\/b><\/p>\n<ul type=\"disc\">\n<li>STARZ senior management will hold its analyst and investor conference call to discuss results for the quarter ended March\u00a031, 2026, today, Thursday, May\u00a07, 2026, at 5:00 p.m. ET \/ 2:00 p.m. PT. Interested parties may listen to the live webcast by visiting the events page on the STARZ Investor Relations website. A full replay will become available this evening at the same link.<\/li>\n<\/ul>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\" width=\"\">\n<tbody>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">1<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">See &#8220;Use of Non-GAAP Financial Measures&#8221; for a definition of Adjusted OIBDA.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">2<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">The forecasted Operating Income (Loss) is not reasonably estimable due to the nature of certain individual items: restructuring and other, and adjusted share-based compensation expense. The variability of these items could have a significant impact on our future GAAP financial results.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Total Adjusted OIBDA Leverage Ratio of 3.1x is calculated based on total Adjusted OIBDA of $168.7 million for the trailing twelve-month period ended March 31, 2026. Refer to &#8220;Reconciliation of Operating Loss to Adjusted OIBDA&#8221; section for further detail.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div><\/div>\n<\/div>\n<p><b>About\u00a0STARZ<br class=\"dnr\"\/><\/b>STARZ is the leading premium entertainment destination for women and underrepresented audiences, and home to some of the most popular franchises and series on television. STARZ offers a robust programming mix for discerning adult audiences, including boundary-breaking originals and an expansive lineup of blockbuster movies, and is embodied by its brand positioning &#8220;We&#8217;re All Adults Here.&#8221; Complementary to any platform or service, STARZ is available across a wide range of digital OTT platforms and multichannel video distributors and is a bundling partner of choice. STARZ is powered by an industry-leading advanced technology, data analytics and digital infrastructure and the highly rated and first-of-its-kind STARZ app.<\/p>\n<p><b>Investor Inquiries &#8211; Contact:<br class=\"dnr\"\/><\/b>Nilay Shah<br class=\"dnr\"\/><a rel=\"nofollow\" target=\"_blank\" href=\"http:\/\/www.prnewswire.com\/cdn-cgi\/l\/email-protection#315f585d50481f4259505971424550434b1f525e5c\" rel=\"nofollow\" target=\"_blank\"><span class=\"__cf_email__\" data-cfemail=\"f59b9c99948cdb869d949db5868194878fdb969a98\">[email\u00a0protected]<\/span><\/a><\/p>\n<p><b>Press Inquiries &#8211; Contact:<br class=\"dnr\"\/><\/b>Jennifer Minezaki<br class=\"dnr\"\/><a rel=\"nofollow\" target=\"_blank\" href=\"http:\/\/www.prnewswire.com\/cdn-cgi\/l\/email-protection#83e9e6ededeae5e6f1adeeeaede6f9e2e8eac3f0f7e2f1f9ade0ecee\" rel=\"nofollow\" target=\"_blank\"><span class=\"__cf_email__\" data-cfemail=\"cda7a8a3a3a4aba8bfe3a0a4a3a8b7aca6a48dbeb9acbfb7e3aea2a0\">[email\u00a0protected]<\/span><\/a><\/p>\n<p><i>The matters discussed in this press release include forward-looking statements, including those regarding expected future performance. Such statements are subject to a number of risks and uncertainties. Actual results in the future could differ materially and adversely from those described in the forward-looking statements as a result of various important factors, including, but not limited to: the benefits of the separation of Lionsgate&#8217;s Studios Business and Lionsgate&#8217;s STARZ Business (the &#8220;Separation&#8221;); unexpected costs related to the Separation; the substantial investment of capital required to produce and market films and television series; budget overruns; limitations imposed by our credit facilities and notes; unpredictability of the commercial success of our programming; risks related to acquisition and integration of acquired businesses; the effects of dispositions of businesses or assets, including individual films or libraries; the cost of defending our intellectual property; technological changes and other trends affecting the entertainment industry; potential adverse reactions or changes to business or employee relationships; the impact of global pandemics on our business; weakness in the global economy and financial markets, including a recession and past and future bank failures; wars, terrorism and multiple international conflicts that could cause significant economic disruption and political and social instability; labor disruptions and strikes; and the other risk factors set forth in STARZ&#8217;s Annual Report on Form 10-KT filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or circumstances.<\/i><\/p>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\" width=\"\">\n<tbody>\n<tr>\n<td class=\"prngen4\" colspan=\"4\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>STARZ ENTERTAINMENT CORP.<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"4\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prnpr4 prnpl2 prnvab prntac prnsbtb1 prnrbrb1 prnsbbb1 prnsblb1\" colspan=\"4\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\" colspan=\"4\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen8\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>March 31,<\/b><br class=\"dnr\"\/><b>2026<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen8\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>December 31,<\/b><br class=\"dnr\"\/><b>2025<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"3\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>(Amounts in millions)<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>ASSETS<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Cash and cash equivalents<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0102.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a035.7<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Accounts receivable, net, including other receivables of $10.7 million and $9.9 million as of March<br class=\"dnr\"\/>31, 2026 and December 31, 2025, respectively.<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">81.7<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">84.4<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Prepaid expenses and other<\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">10.8<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">12.1<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Total current assets<\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">194.6<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">132.2<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Programming content, net<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">874.0<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">993.8<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Property and equipment, net<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">48.0<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">49.1<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Intangible assets, net<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">627.9<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">690.9<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Other assets<\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">44.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">47.2<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Total assets<\/span><\/p>\n<\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0 \u00a0 \u00a0 \u00a01,788.7<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0 \u00a0 \u00a0 1,913.2<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>LIABILITIES<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Current portion of debt<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 11.3<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a07.5<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Accounts payable<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">68.3<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">60.0<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Programming related payables<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">287.7<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">255.2<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Other accrued liabilities<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">57.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">49.1<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Residuals<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">22.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">27.1<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Programming related obligations<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">127.3<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">87.7<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Deferred revenue<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">54.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">52.8<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Total current liabilities<\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">628.3<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">539.4<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Debt<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">603.0<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">605.8<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Production loan<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">41.4<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Other liabilities<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">74.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">72.7<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Deferred tax liabilities<\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">4.3<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">7.9<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Total liabilities<\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">1,310.0<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">1,267.2<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Contingencies<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>EQUITY<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Common stock, no par value, unlimited authorized, 16.8 million and 16.7 million shares issued and<br class=\"dnr\"\/>outstanding as of March 31, 2026 and December 31, 2025, respectively.<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">731.6<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">735.1<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Accumulated other comprehensive income<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">20.5<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">19.4<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Accumulated deficit<\/span><\/p>\n<\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(273.4)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(108.5)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Total equity<\/span><\/p>\n<\/td>\n<td class=\"prngen15\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">478.7<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen15\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">646.0<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml30 dnr\"><span class=\"prnews_span\">Total liabilities and equity<\/span><\/p>\n<\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a01,788.7<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a01,913.2<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div><\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\" width=\"\">\n<tbody>\n<tr>\n<td class=\"prngen4\" colspan=\"4\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>STARZ ENTERTAINMENT CORP.<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"4\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"4\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\" colspan=\"4\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"3\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"3\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Three Months Ended<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen8\" colspan=\"3\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>March 31,<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2026<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"3\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>(Amounts in millions)<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Revenue<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">OTT revenue<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0211.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0225.5<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Linear and other revenue<\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">95.8<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">105.1<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml30 dnr\"><span class=\"prnews_span\">Total revenue<\/span><\/p>\n<\/td>\n<td class=\"prngen15\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">306.9<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen15\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">330.6<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Operating expenses:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Programming amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">138.3<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">118.4<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Other operating<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">34.3<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">38.7<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Advertising and marketing<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">50.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">58.9<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">General and administrative<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">29.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">25.4<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Depreciation and amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">68.5<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">48.1<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Restructuring and other<\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">139.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">183.4<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml30 dnr\"><span class=\"prnews_span\">Total expenses<\/span><\/p>\n<\/td>\n<td class=\"prngen15\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">459.7<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen15\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">472.9<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Operating loss<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen17\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(152.8)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen17\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(142.3)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Interest expense<\/span><\/p>\n<\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(13.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(10.9)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Interest and other income<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">0.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">1.7<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Other expense<\/span><\/p>\n<\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(1.8)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(1.8)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Loss on extinguishment of debt<\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(0.7)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Loss from continuing operations<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen17\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(168.1)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen17\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(154.0)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Income tax benefit<\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">3.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Net loss from continuing operations<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen17\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(164.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen17\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(154.0)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Net income from discontinued operations, net of income taxes<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">1.0<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Net loss<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(164.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen19\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(153.0)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Per share information attributable to Starz Entertainment Corp. shareholders:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\"><b>Basic and diluted net loss per common share &#8211; continuing operations<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(9.83)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(9.21)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\"><b>Basic and diluted net income per common share &#8211; discontinued operations<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">0.06<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\"><b>Basic and diluted net loss per common share<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(9.83)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen19\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(9.15)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Weighted average number of common shares outstanding:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\"><b>Basic<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">16.8<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">16.7<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\"><b>Diluted<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">16.8<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">16.7<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div><\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\" width=\"\">\n<tbody>\n<tr>\n<td class=\"prngen4\" colspan=\"4\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>STARZ ENTERTAINMENT CORP.<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"4\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"4\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\" colspan=\"4\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"3\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"3\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Three Months Ended<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen8\" colspan=\"3\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>March 31,<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2026<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"3\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>(Amounts in millions)<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Operating Activities:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Net loss<\/span><\/p>\n<\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(164.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(153.0)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Less: net income from discontinued operations, net of tax<\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">1.0<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Net loss from continuing operations, net of tax<\/span><\/p>\n<\/td>\n<td class=\"prngen17\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(164.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen17\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(154.0)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Adjustments to reconcile net loss to net cash provided by (used in) operating activities:<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Depreciation and amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">68.5<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">48.1<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Programming amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">138.3<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">118.4<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Amortization of debt financing costs and other non-cash interest<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">1.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">1.1<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Non-cash share-based compensation<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">3.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">4.3<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Other amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">2.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">1.8<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Net content impairment<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">128.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">167.6<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Loss on extinguishment of debt<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">0.7<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Deferred income taxes<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">0.2<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Changes in operating assets and liabilities:<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Accounts receivable, net<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">1.8<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">32.7<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Cash paid for programming content<sup>(1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(113.3)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(246.0)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Other assets<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">2.5<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(6.2)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Accounts payable and accrued liabilities<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">5.7<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(1.6)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Residuals<\/span><\/p>\n<\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(1.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(0.1)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Deferred revenue<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">1.3<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">5.0<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Due to LG Studios Business<\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(35.5)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Net cash provided by (used in) operating activities<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">73.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen17\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(63.5)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Investing activities:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Capital expenditures<\/span><\/p>\n<\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(4.5)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(3.9)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Deferred purchase price of receivables sold<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">0.6<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">New Lionsgate revolving credit facility \u2013 increases<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">303.7<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">New Lionsgate revolving credit facility \u2013 decreases<\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(251.3)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Net cash (used in) provided by investing activities<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen17\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(3.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">48.5<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Financing activities:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Debt \u2013 borrowings, net of debt issuance and redemption costs<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">96.5<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Debt repayments<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(96.5)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Programming related obligations \u2013 borrowings<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">104.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">113.3<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Programming related obligations \u2013 repayments<\/span><\/p>\n<\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(107.0)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(98.3)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Parent net investment<\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">3.6<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Net cash (used in) provided by financing activities<\/b><\/span><\/p>\n<\/td>\n<td class=\"prnpr2 prnpl2 prnvab prntar prncbts prnrbrb1 prnbbbs prnsblb1\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(2.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen15\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">18.6<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Net change in cash and cash equivalents<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">66.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">3.6<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Cash and cash equivalents \u2013 beginning of period<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">35.7<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">14.2<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Cash and cash equivalents \u2013 end of period<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0102.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a017.8<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div><\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\" width=\"\">\n<tbody>\n<tr>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen22\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen23\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(1)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u00a0Cash paid for programming content for the three months ended March\u00a031, 2025 includes $157.1 million from the licensing of program rights from the LG Studios Business.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div><\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\" width=\"\">\n<tbody>\n<tr>\n<td class=\"prngen4\" colspan=\"12\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>STARZ ENTERTAINMENT CORP.<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"12\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"12\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\" colspan=\"12\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>RECONCILIATION OF OPERATING LOSS TO ADJUSTED\u00a0OIBDA<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"9\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"9\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Three Months Ended<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen24\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Trailing<br class=\"dnr\"\/>Twelve<br class=\"dnr\"\/>Months<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen25\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>March 31,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen25\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>June 30,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen25\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>September 30,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen25\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>December 31,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen25\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>March 31,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen26\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>March 31,<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2026<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen27\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2026<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"9\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>(Amounts in millions)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen28\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Operating loss<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(142.3)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(26.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(34.8)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(4.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(152.8)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prnpr2 prnpl2 prnvab prntar prnsbtb1 prnbrbrs prnsbbb1 prnbsbls\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(219.2)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Depreciation and amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">48.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">48.7<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">47.9<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">47.3<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">68.5<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen30\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">212.4<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Restructuring and other<sup>(1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">183.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">6.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">5.0<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">9.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">139.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen30\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">159.9<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Adjusted share-based compensation expense<sup>(2)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">4.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">5.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">3.7<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">3.5<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">3.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen31\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">15.6<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml40 dnr\"><span class=\"prnews_span\"><b>Adjusted OIBDA<\/b><b><sup>(3)<\/sup><\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a093.3<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a033.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a021.8<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a055.5<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a058.0<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen32\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0168.7<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prnpr4 prnpl2 prnvab prntar prnsbtd prnbrbrs prnsbbb1 prnbsbls\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Starz Networks (U.S. and Canada)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a092.0<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a033.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a021.8<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a055.5<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a058.0<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen30\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0168.7<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml40 dnr\"><span class=\"prnews_span\">International<\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">1.3<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen31\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml40 dnr\"><span class=\"prnews_span\"><b>Adjusted OIBDA<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a093.3<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a033.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a021.8<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a055.5<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a058.0<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0168.7<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div><\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\" width=\"\">\n<tbody>\n<tr>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen34\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(1)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Restructuring and other includes restructuring costs, certain transaction-related and other expenses, and unusual items, when applicable, as shown in the table below:<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div><\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\" width=\"\">\n<tbody>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen8\" colspan=\"9\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Three Months Ended<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen24\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Trailing<br class=\"dnr\"\/>Twelve<br class=\"dnr\"\/>Months<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>March 31,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>June 30,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>September 30,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>December 31,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>March 31,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prnpr2 prnpl2 prnvab prncbts prnbrbrs prnsbbb1 prnbsbls\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>March 31,<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2026<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen27\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2026<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"9\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>(Amounts in millions)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen28\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Restructuring and other:<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen30\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Content impairments<sup>(a)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0167.7<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(0.3)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a07.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0128.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen30\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0134.9<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Transaction and other costs<sup>(b)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">14.0<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">4.5<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">4.8<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">2.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">5.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen30\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">16.5<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Severance<sup>(c)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">1.5<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">0.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">5.9<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen30\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">6.1<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Share-based compensation<sup>(d)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">0.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">2.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">0.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen31\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">2.4<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml30 dnr\"><span class=\"prnews_span\"><b>Total restructuring and other<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0183.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a06.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a05.0<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a09.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0139.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen32\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0159.9<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div><\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\" width=\"\">\n<tbody>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen34\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prnpr2 prnpl2 prnvat prnsbtb1 prnrbrb1 prnsbbb1 prnsblb1\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(a)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">During 2025 and 2026, Starz undertook actions to rationalize its content portfolio as part of its ongoing efforts to right\u2011size its content cost structure in response to the evolving macroeconomic and industry environment, including continued declines in traditional linear services, impairments associated with changes in the Canadian operating model and in connection with becoming and operating as a standalone company following the Separation. These actions included evaluating programming on the Starz Platform, cancelling certain previously ordered programming, and removing and abandoning content determined to have limited strategic value.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen3\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">In April 2026, the Company entered into an agreement to terminate certain live\u2011action films under a post pay-one output licensing agreement.\u00a0 Such termination will impact <i>Restructuring and Other<\/i> costs in the three months ended June\u202f30, 2026.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen22\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen37\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(b)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Transaction and other costs reflect costs associated with certain potential strategic transactions, costs associated with certain legal matters, and transaction, integration and legal costs associated with the separation from Lionsgate.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen22\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen23\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(c)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Severance costs represent a reduction in our work force due to cost-saving initiatives and the continued decline in traditional linear services.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen22\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen37\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(d)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">This balance includes a modification of equity awards in connection with the separation from Lionsgate. In June 2025, the compensation committee of the Company approved a cash payment in lieu of share issuance for the restricted share units that vested in July and August 2025.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prnpr4 prnpl2 prnvat prntar prnsbtb1 prnrbrb1 prnsbbb1 prnsblb1\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen22\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen23\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(2)<\/span><\/p>\n<\/td>\n<td class=\"prnpr2 prnpl2 prnvat prntal prnsbtb1 prnrbrb1 prnsbbb1 prnsblb1\" colspan=\"11\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">The following table reconciles total share-based compensation expense to adjusted share-based compensation expense:<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div><\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\" width=\"\">\n<tbody>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen8\" colspan=\"9\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Three Months Ended<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen24\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Trailing<br class=\"dnr\"\/>Twelve<br class=\"dnr\"\/>Months<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>March 31,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>June 30,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>September 30,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>December 31,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>March 31,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen26\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>March 31,<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2026<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen27\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2026<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"9\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>(Amounts in millions)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen28\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Total share-based compensation expense<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a04.3<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a07.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a03.9<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a03.5<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a03.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen30\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a018.0<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Less: Amount included in restructuring and other<sup>(a)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(0.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(2.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(0.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prnpr2 prnpl2 prnvab prntar prnsbtb1 prnbrbrs prnbbbs prnbsbls\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(2.4)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml8 dnr\"><span class=\"prnews_span\"><b>Adjusted share-based compensation expense<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a04.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a05.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a03.7<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a03.5<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a03.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen32\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a015.6<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div><\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\" width=\"\">\n<tbody>\n<tr>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen34\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen3\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(a)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Includes a modification of equity awards in connection with the Separation included in restructuring and other expenses. Refer to note (1)(d).<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen41\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(3)<\/span><\/p>\n<\/td>\n<td class=\"prngen41\" colspan=\"11\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">See &#8220;Use of Non-GAAP Financial Measures&#8221; for the definition of Adjusted OIBDA which is reconciled to operating loss in the table above, the most directly comparable GAAP financial measure.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div><\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\" width=\"\">\n<tbody>\n<tr>\n<td class=\"prngen4\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>STARZ ENTERTAINMENT CORP.<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>KEY PERFORMANCE INDICATORS (KPIs)<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"9\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen8\" colspan=\"9\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Three Months Ended<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>March 31,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>June 30,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>September 30,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>December 31,<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>March 31,<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2025<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen16\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>2026<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen4\" colspan=\"9\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>(Amounts in millions)<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Equity free cash flow<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Net cash (used in) provided by operating activities<\/span><\/p>\n<\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(63.5)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$ \u00a0 \u00a0 \u2002 \u00a0 65.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(26.0)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0 \u00a0 \u00a0 \u00a0 (21.4)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a073.2<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Less: capital expenditures<\/span><\/p>\n<\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(3.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(6.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(5.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(4.5)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(4.5)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml30 dnr\"><span class=\"prnews_span\"><b>Total equity free cash flow<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen17\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(67.4)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">58.5<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen17\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(31.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen17\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(25.9)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen11\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">68.7<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Plus: cash paid for interest<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">0.9<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">26.9<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">9.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">19.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">11.6<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Plus: cash paid for income taxes<\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">0.3<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">0.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">0.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">0.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">0.4<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml30 dnr\"><span class=\"prnews_span\"><b>Total unlevered free cash flow<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(66.2)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$ \u00a0 \u00a0\u2002 \u00a0 \u00a085.6<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen19\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(21.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen19\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$ \u00a0\u2002 \u00a0 \u00a0 \u00a0(6.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a080.7<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Cash paid for programming content<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Starz Networks<\/span><\/p>\n<\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(238.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(143.5)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(157.0)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(158.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(111.0)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">International<\/span><\/p>\n<\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(1.8)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Remaining shutdown operations<sup>(1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(5.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(4.8)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(2.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(4.0)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen14\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(2.3)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml30 dnr\"><span class=\"prnews_span\"><b>Total cash paid for programming content<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen19\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(246.0)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen19\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(148.3)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen19\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(159.7)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen19\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(162.6)<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen19\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0(113.3)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Net corporate debt<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Debt<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0715.0<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0625.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0625.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0625.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0625.1<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Less: cash and cash equivalents<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">17.8<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">51.6<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">37.0<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">35.7<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">102.1<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Less: Intercompany receivable from Lionsgate<sup>(2)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">81.6<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen10\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml30 dnr\"><span class=\"prnews_span\"><b>Net corporate debt<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0615.6<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0573.5<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0588.1<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0589.4<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen12\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0523.0<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen13\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Adjusted OIBDA &#8211; trailing twelve months<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0201.5<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0178.6<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0173.2<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0204.0<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">$\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0168.7<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\"><b>Adjusted OIBDA leverage ratio<\/b><b><sup>(3)<\/sup><\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">3.1x<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">3.2x<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">3.4x<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">2.9x<\/span><\/p>\n<\/td>\n<td class=\"prngen7\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen18\" colspan=\"1\" rowspan=\"1\" nowrap=\"nowrap\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">3.1x<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div><\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"1\" class=\"prnbcc\" width=\"\">\n<tbody>\n<tr>\n<td class=\"prnpr4 prnpl2 prnvat prntar prnsbtb1 prnrbrb1 prnbbbs prnsblb1\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen34\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen21\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(1)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Represents cash used in operating activities for programming content paid subsequent to the final shut down of the LIONSGATE+ business in May 2024, which is included in continuing operations within the consolidated statements of cash flow.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen43\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen22\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(2)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">In connection with the Studio Separation, on May 13, 2024, LGAC International LLC, a Delaware limited liability company and wholly owned subsidiary of Lionsgate Studios (&#8220;LGAC International&#8221;), and LGCH1 (which was renamed Starz Capital Holdings 1, Inc. at Separation), entered into a revolving credit agreement (the &#8220;Intercompany Revolver&#8221;), pursuant to which LGAC International and LGCH1 agreed to make revolving loans to each other from time to time provided that the net amount owing by one party to the other at any particular time may not exceed $150.0 million. All outstanding obligations in respect of principal, interest and fees under the Intercompany Revolver were repaid in full and all commitments thereunder were terminated.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen43\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<td class=\"prngen22\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\"><br class=\"dnr\"\/><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\" colspan=\"1\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">(3)<\/span><\/p>\n<\/td>\n<td class=\"prngen3\" colspan=\"10\" rowspan=\"1\" height=\"\" width=\"\">\n<p class=\"prnml4 dnr\"><span class=\"prnews_span\">Adjusted OIBDA leverage ratio is defined as Net Corporate Debt (represents total corporate debt, excluding unamortized debt issuance costs, minus cash and cash equivalents), divided by adjusted OIBDA for the trailing twelve-months.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div><\/div>\n<\/div>\n<p class=\"prntac\"><b>USE OF NON-GAAP FINANCIAL MEASURES<\/b><\/p>\n<p><i>This earnings release presents the following important financial measures utilized by Starz Entertainment Corp. (the &#8220;Company,&#8221; &#8220;Starz,&#8221; &#8220;we,&#8221; &#8220;us&#8221; or &#8220;our&#8221;) that are not financial measures defined by U.S. generally accepted accounting principles (&#8220;GAAP&#8221;). The Company uses non-GAAP financial measures, among other measures, to evaluate the operating performance of our business. These non-GAAP financial measures are in addition to, not a substitute for, or superior to, measures of financial performance prepared in accordance with United States GAAP.<\/i><\/p>\n<p><b>Adjusted OIBDA: <\/b>Adjusted OIBDA is defined as operating income (loss) before depreciation and amortization (&#8220;OIBDA&#8221;), adjusted for adjusted share-based compensation expense (&#8220;adjusted SBC&#8221;), restructuring and other costs, and unusual gains or losses, when applicable.<\/p>\n<ul type=\"disc\">\n<li>Depreciation and amortization as presented on our combined statement of operations.<\/li>\n<li>Adjusted share-based compensation expense represents share-based compensation excluding the impact of the acceleration of certain vesting schedules for equity awards pursuant to certain severance arrangements, which are included in restructuring and other expenses, when applicable.<\/li>\n<li>Restructuring and other includes restructuring costs, certain transaction-related and other expenses, and unusual items, when applicable.<\/li>\n<\/ul>\n<p><b>Adjusted OIBDA Leverage Ratio<\/b>: Adjusted OIBDA Leverage Ratio is defined as Net Corporate Debt (represents total Corporate Debt, excluding Unamortized Debt Issuance Costs, minus Cash and Cash Equivalents), divided by Adjusted OIBDA for the trailing twelve-months.<\/p>\n<p><b>Unlevered Free Cash Flow<\/b>: Unlevered Free Cash Flow is defined as net cash provided by (used in) operating activities, less capital expenditures, plus cash paid for interest and taxes.<\/p>\n<p><b>Equity Free Cash Flow<\/b>: Equity Free Cash Flow is defined as net cash provided by (used in) operating activities, less capital expenditures.<\/p>\n<p><b>Net Corporate Debt<\/b>: Net Corporate Debt is defined as total Corporate Debt, excluding Unamortized Debt Issuance Costs, minus Cash and Cash Equivalents.<\/p>\n<p><b>Overall:<\/b> These measures are non-GAAP financial measures as defined in Regulation G promulgated by the SEC and are in addition to, not a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP.<\/p>\n<p>We use these non-GAAP measures, among other measures, to evaluate the operating performance of our business. We believe these measures provide useful information to investors regarding our results of operations before non-operating items and cash flows. Adjusted OIBDA is considered an important measure of the Company&#8217;s performance because this measure eliminates amounts that, in management&#8217;s opinion, do not necessarily reflect the fundamental performance of the Company&#8217;s businesses, are infrequent in occurrence, and in some cases are non-cash expenses. In addition, the Adjusted OIBDA Leverage Ratio is an important metric as it provides insight into the Company&#8217;s capital structure and financial risk, helping assess the Company&#8217;s ability to meet its debt obligations and maintain financial flexibility. Unlevered Free Cash Flow and Equity Free Cash Flow are considered important measures of the Company&#8217;s liquidity because they provide information about the ability of the Company to reduce net corporate debt and make strategic investments. Net Corporate Debt is used by management to evaluate the Company&#8217;s overall indebtedness and capital structure by reflecting debt levels net of available liquidity, and is an important measure in assessing leverage, financial risk, and the Company&#8217;s capacity to service and reduce debt over time. The Company utilizes these measures, among others, to evaluate the performance of its business relative to its peers and the broader market.<\/p>\n<p>These non-GAAP measures are commonly used in the entertainment industry and by financial analysts and others who follow the industry to measure operating performance. However, not all companies calculate these measures in the same manner and the measures as presented may not be comparable to similarly titled measures presented by other companies due to differences in the methods of calculation and excluded items.<\/p>\n<p>A general limitation of these non-GAAP financial measures is that they are not prepared in accordance with GAAP. These measures should be reviewed in conjunction with the relevant GAAP financial measures and are not presented as an alternative measure of operating income, cash flow, net income (loss), or earnings (loss) per share as determined in accordance with GAAP.<\/p>\n<p>SOURCE Starz Entertainment LLC<\/p>\n<p><\/p><\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.prnewswire.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>STARZ Delivers Positive Operating Cash Flow and Accelerates Margin Expansion Timeline OTT Revenue Grew Sequentially to $211.1 Million Net Cash Provided by Operating Activities was $73.2 Million, a Year-over-Year Improvement of $136.7 Million Unlevered Free Cash Flow and Equity Free Cash Flow were $80.7 Million and $68.7 Million, Respectively Operating Loss was $(152.8) Million Adjusted [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2301861,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[470364],"class_list":["post-2406553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-starz-entertainment-llc"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/02\/Starz-Entertainment-Corp-Reports-Results-for-the-Fourth-Quarter-Ended-scaled.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2406553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2406553"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2406553\/revisions"}],"predecessor-version":[{"id":2406554,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2406553\/revisions\/2406554"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2301861"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2406553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2406553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2406553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}