By Dean Seal

Starz Entertainment swung to a loss in the second quarter as both revenue and its U.S. subscriber count declined.

The premium TV channel and streaming service, which separated from Lions Gate Entertainment in May, posted a loss of $42.5 million, or $2.54 a share, for the quarter ended June 30. That's compared with a profit of $4.2 million, or 26 cents a share, in the same quarter a year earlier.

Revenue fell 8% to $319.7 million, better than analyst projections for a drop to $331.8 million, according to FactSet.

Starz ended the second quarter with 17.6 million U.S. subscribers, which is 410,000 fewer than it had at the end of the first quarter.

The declines were primarily driven by cord-cutting among cable subscribers and soft streaming subscriber additions, Starz said.

The company said it expects revenue and subscriber count to both rise sequentially in the third and fourth quarters. Subscriber additions from this month's premiere of "Outlander: Blood of my Blood," a spinoff of Starz's popular "Outlander" series, were the third-highest for a series premiere in Starz history, Chief Executive Jeffrey Hirsch said.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

August 14, 2025 16:44 ET (20:44 GMT)

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