
STARZ Entertainment Corp.
Publicly traded American premium entertainment company operating the STARZ streaming and cable network, focused on women and underrepresented audiences. Separated from Lionsgate in May 2025.
Company Type
public
Founded
1994
Headquarters
Santa Monica, California, United States
Stock
Nasdaq: STRZ
Revenue
approximately $1.6 billion (FY2024)
Employees
approximately 700
Primary Market
United States
STARZ Entertainment Corp. Timeline
Shop STARZ Entertainment Corp. Brands
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What does STARZ Entertainment own?
STARZ Entertainment operates the STARZ premium cable network and direct-to-consumer streaming service. The company's original programming includes the Power franchise, Outlander, P-Valley, BMF, and Spartacus. STARZ does not own separate consumer-facing brands outside the STARZ name.
Is STARZ Entertainment publicly traded?
Yes, STARZ Entertainment Corp. is publicly traded on Nasdaq under the ticker symbol STRZ. The company began trading independently on May 7, 2025, following its separation from Lionsgate.
Who founded STARZ?
STARZ was founded in 1994 by Tele-Communications Inc. (TCI) as a premium cable movie channel. The network passed through several ownership changes, including Liberty Media (2005) and Lionsgate (2016), before becoming independent in 2025.
Where is STARZ Entertainment headquartered?
STARZ Entertainment is headquartered in Santa Monica, California, United States.
How many subscribers does STARZ have?
STARZ had 17.6 million total U.S. subscribers as of Q4 2025, including 12.7 million OTT subscribers (up 7.6% year over year).
What is STARZ Entertainment's revenue?
STARZ reported total revenue of $307.9 million in Q2 2026 and $306.9 million in Q1 2026. For FY2024, the company reported approximately $1.6 billion in revenue.
Who is the CEO of STARZ Entertainment?
Jeffrey Hirsch is the President and CEO of STARZ Entertainment Corp.
History of STARZ Entertainment Corp.
STARZ was founded in 1994 by Tele-Communications Inc. (TCI) as a premium cable movie channel. The network was initially launched as a competitor to HBO and Showtime, focusing on theatrical movie releases. TCI later became Liberty Media after a restructuring.
In 2005, Liberty Media spun off STARZ as a separate publicly traded company called Liberty Starz. The company continued to operate as a premium movie channel, gradually adding original programming to its schedule.
In 2016, Lionsgate acquired STARZ for approximately $4.4 billion in a cash-and-stock transaction. The acquisition gave Lionsgate a premium television platform to complement its film and television production business. Under Lionsgate ownership, STARZ expanded its original programming slate, launching the Power franchise, Outlander, and other series that targeted women and underrepresented audiences.
In 2023, Lionsgate announced plans to separate STARZ from its studio business. The separation was approved by over 99% of both Class A and B shareholders at a special meeting on April 23, 2025. The former dual share structure was collapsed into a single class of stock. On May 7, 2025, STARZ completed its separation from Lionsgate, becoming an independent publicly traded company on Nasdaq under STRZ. Lionsgate Studios Corp. began trading separately on NYSE under LION.
Since becoming independent, STARZ has focused on growing its OTT subscriber base, improving profitability, and managing the transition from linear cable to streaming. The company has exited a Pay-2 film deal agreement with Universal Pictures and undertaken restructuring efforts to optimize its cost structure.
STARZ Entertainment Corp. Sustainability & Ethics
STARZ Entertainment publishes limited sustainability information. As a newly independent company (since May 2025), the company has not yet established comprehensive ESG reporting frameworks.
STARZ is not a Certified B Corporation. The company does not hold B Corp certification.
The company's social impact initiatives focus on representation in media. STARZ's content strategy emphasizes stories by and about women and underrepresented communities, which the company views as its primary social contribution. The Power franchise, P-Valley, and BMF feature predominantly Black and diverse casts and creative teams.
STARZ's environmental footprint is primarily related to office operations and data center usage for streaming infrastructure. The company has not publicly disclosed specific emissions reduction targets or renewable energy commitments.
Brands Owned by STARZ Entertainment Corp.
STARZ Entertainment Corp. owns 1 brand in our database. Explore the ownership tree below — click categories to expand and see individual brands.
STARZ Entertainment Corp.
public · Founded 1994 · Santa Monica, California, United States
1
brands
Stock Information
STARZ Entertainment Corp. Ownership: Pros & Cons
Advantages
- +Focused content strategy targeting women and underrepresented audiences with proven franchises
- +OTT subscriber growth of 7.6% year over year, with OTT revenue representing 72% of total revenue
- +Strong original programming slate including Power franchise, Outlander, P-Valley, and BMF
- +Distribution partnerships with Amazon, Hulu, Apple TV+, and Roku providing broad OTT reach
- +Independent since May 2025, allowing focused strategy execution without Lionsgate studio priorities
- +Raised Adjusted OIBDA growth outlook to mid-single-digits and Unlevered Free Cash Flow to mid-to-upper end of $80 million to $120 million range
Considerations
- -Smaller scale than major streaming competitors (Netflix, HBO Max, Disney+) limiting content investment capacity
- -Operating losses in Q1 and Q2 2026 due to content-impairment and restructuring charges
- -Declining linear cable revenue as consumers cut the cord
- -Dependence on Lionsgate Television for key original series production
- -Highly competitive streaming market with well-funded competitors
- -Limited international presence compared to global streaming platforms
- -Need to continuously invest in original content to retain subscribers
Frequently Asked Questions About STARZ Entertainment Corp.
What does STARZ Entertainment own?
STARZ Entertainment operates the STARZ premium cable network and direct-to-consumer streaming service. The company's original programming includes the Power franchise, Outlander, P-Valley, BMF, and Spartacus. STARZ does not own separate consumer-facing brands outside the STARZ name.
Is STARZ Entertainment publicly traded?
Yes, STARZ Entertainment Corp. is publicly traded on Nasdaq under the ticker symbol STRZ. The company began trading independently on May 7, 2025, following its separation from Lionsgate.
Who founded STARZ?
STARZ was founded in 1994 by Tele-Communications Inc. (TCI) as a premium cable movie channel. The network passed through several ownership changes, including Liberty Media (2005) and Lionsgate (2016), before becoming independent in 2025.
Where is STARZ Entertainment headquartered?
STARZ Entertainment is headquartered in Santa Monica, California, United States.
How many subscribers does STARZ have?
STARZ had 17.6 million total U.S. subscribers as of Q4 2025, including 12.7 million OTT subscribers (up 7.6% year over year).
What is STARZ Entertainment's revenue?
STARZ reported total revenue of $307.9 million in Q2 2026 and $306.9 million in Q1 2026. For FY2024, the company reported approximately $1.6 billion in revenue.
Who is the CEO of STARZ Entertainment?
Jeffrey Hirsch is the President and CEO of STARZ Entertainment Corp.








