CEO Jon Feltheimer said today that separation process is still on track for September.
No details, but Starzcanceled itsDangerous LiaisonsSeason 2 renewaland period freshman seriesBecoming Elizabethlast fall.
The previous quarter had seen a hefty $1.8 billion in Starz restructuring charges and write-downs.
Keanu Reeves in ‘John Wick: Chapter 4’Lionsgate / Courtesy Everett Collection
Starz domesticstreamingsubs of 11.6 million were softer, down from 12.3 million in the previous quarter on fewer originals.
Execs said domestic OTT subs have already ticked up in the current quarter.
Motion picture revenue rose 5% to $289 million.
Profit increased by 13% to $76.5 million.
