Starz Q2 Revenue Falls 4%, Takes $147M Charge to End Universal Deal

Starz reported a 4% decline in second-quarter revenue as its streaming subscriber losses began to stabilize. The company also took a $147 million charge tied to terminating its output deal with Universal, reflecting a strategic pivot away from exclusive theatrical releases. This move signals Starz's focus on proprietary content to compete in a crowded streaming market.

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