revenue $307.9M, net income -$189.4M. Operating loss widens 552%

Filed August 7, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 14, 2025 · ~2 min read

Key Changes

• high

  Net loss widened to -$189.4M, cushioned by in below-the-line improvements (income tax +, non-operating/other +).

  MD&A: Operating Results verify on EDGAR →
• high

  Starz terminated a post-pay-one output licensing agreement for certain live-action films in April 2026, recognizing in contract termination fees. The liability is based on an agreed fee schedule tied to theatrical box office performance; some underlying films have not yet been released, so the final cost may differ from the estimate.

  Notes: Contract Termination Liability verify on EDGAR →
• high

  Revenue declined 3.7% YoY to $307.9M in Q2 FY2026, driven by a decline in traditional linear households and a decrease from the October 2025 restructuring of Canadian operations (partner now handles operations; Starz moved to a content licensing arrangement).

  MD&A: Revenue verify on EDGAR →