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Starz Revenue Declines 4% in Q2 as Streaming Stabilizes, Company Takes $147 Million Charge Related to Ending Universal Output Deal
['Todd Spangler']
Variety
Starz saw total revenue slide again in the second quarter of 2026 — but the media company reported its first year-over-year growth in streaming revenue in 18 months.
Total revenue in the second quarter was $307.9 million, down 4% year over year.
However, Starz said, streaming revenue would have increased 1.4% in the June 2026 quarter excluding $3 million of OTT revenue related to Canadian operations that was recorded in Q2 2025.
In the second quarter, Starz saw a revenue decline of $13.2 million “resulting from the continued decline in traditional linear households,” per its quarterly SEC filing.
During the second quarter, Starz launched a new partnership with NBCUniversal’s Peacock that makes Starz available as an add-on subscription to the platform for the first time.