Starz ended the first calendar quarter of 2025 (fiscal fourth quarter) with 12.3 million streaming subscribers in the U.S., an increase of 530,000. Following the official separation of Starz and Lionsgate earlier this month, this marks the first time Starz had publicly reported subscribers as a standalone company.
When also factoring in the company’s linear subscribers, Starz ended the most recent quarter with 18 million U.S. subscribers.
In explaining the sequential subscriber growth in the U.S., Starz pointed to the late-quarter premiere of Power Book III: Raising Kanan Season four as a major driving force.
“For the quarter, we are very pleased to report the company’s strong operating and financial results, and excellent subscriber growth. We delivered significant U.S. OTT subscriber gains, growing the total subscriber base in the U.S. by almost 2%,” said Jeffrey Hirsch, President and CEO of Starz.
After adding Canada, Starz ended the quarter with a North America total of 19.6 million subscribers, slightly down (330,000) on the 19.9 million subscribers reported for the end of 2024.
Starz says the overall decline in North America subscribers was primarily the rest of a carriage dispute in Canada that resulted in the removal of Starz linear channel from a distributor’s packages.
Starz says the subscriber loss in Canada did not have a material impact on either revenue or Adjusted OIBDA.
Starz reported total revenue of $330.6 million for the quarter along with an operating loss of $136.3 million. For the company’s fiscal full year, revenue totaled $1,369.6 million along with an operating loss of $164.3 million.
For those considering signing up to Starz, the streaming service is currently running a promotion which reduces each of the first three months down to $4 a month.
Considering a Starz subscription typically costs $11 a month, the promotion provides three months of streaming for almost the price of one month.
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