STARZ COMPLETES SEPARATION FROM LIONSGATE AND BEGINS TRADING TODAY UNDER TICKER SYMBOL STRZ ON NASDAQ
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STARZ successfully transitioned from linear to digital profitably and is well positioned to drive long-term success with approximately 70% of its revenue now fueled by a robust digital footprint. STARZ's targeted content offering is complementary to any platform or service, making it the industry's bundling partner of choice. As a result, it is poised to grow through capitalizing on new bundling, distribution and other partnership opportunities.
STARZ's portfolio of strong programming includes some of the most popular series on television. Focused on its valuable and scalable core demos of women and underrepresented audiences, STARZ boasts five series that average nine to 12 million multiplatform viewers per episode. STARZ also has a proven track record of creating and expanding franchises with "Outlander" and "Power," both which have remained culturally relevant for over a decade including several "Power" Universe spinoff series and the highly anticipated "Outlander: Blood of My Blood" prequel series.
The Company has a subscriber base of 20 million (as of
"Today marks an important milestone in our history as we unlock significant value as a standalone business and advance our position as the leading premium entertainment destination for women and underrepresented audiences," said
The separation was approved by over 99% of both Class A and B shareholders at an
About STARZ
STARZ (NASDAQ: STRZ) is the leading premium entertainment destination for women and underrepresented audiences, and home to some of the most popular franchises and series on television. STARZ offers a robust programming mix for discerning adult audiences, including boundary-breaking originals and an expansive lineup of blockbuster movies, and is embodied by its brand positioning "We're All Adults Here." Complementary to any platform or service, STARZ is available across a wide range of digital OTT platforms and multichannel video distributors and is a bundling partner of choice. STARZ is powered by an industry-leading advanced technology, data analytics and digital infrastructure and the highly rated and first-of-its-kind STARZ app.
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