You will be redirected back to your article in seconds

Starz sales rise 8% to $432 million

Original programming, new pacts boost income

John Malone’s Liberty Media on Thursday reported higher revenue and earnings from Starz, its biggest holding.

The pay net’s sales rose 8% to $432 million for the fourth quarter, largely on higher home video revenue from a 2011 distribution agreement with the Weinstein Co.

Operating profit rose 24% to $87 million. The network had 19.6 million subscribers at year’s end, up from 18.2 million the year before.

CEO Chris Albrecht touted original programming and new pacts. “We could not be more pleased with the performance of ‘Spartacus: Vengeance,’ which continues to set record new viewership marks for a Starz original series,” he said. “The anticipation for April’s ‘Magic City’ is growing, and we are heartened by the strong demand received in the global marketplace.”

He said recent deals, affiliation with AT&T U-verse and movie licensing with Lionsgate have strengthened the net’s distribution business and long-term content pipeline.

Parent Liberty Media said its quarterly revenue surged 96% to $1 billion in the fourth quarter and operating income jumped 241% to $293 million, mostly related to the one-time recognition of previously deferred revenue and costs at division TruePosition.

More TV

  • Stormy Daniels

    Stormy Daniels Reportedly Storms Out of U.K. 'Big Brother' at Last Minute

    John Malone’s Liberty Media on Thursday reported higher revenue and earnings from Starz, its biggest holding. The pay net’s sales rose 8% to $432 million for the fourth quarter, largely on higher home video revenue from a 2011 distribution agreement with the Weinstein Co. Operating profit rose 24% to $87 million. The network had 19.6 […]

  • THE TONIGHT SHOW STARRING JIMMY FALLON

    Jimmy Fallon, T-Mobile Will Send 'Tonight Show' to Central Park

    John Malone’s Liberty Media on Thursday reported higher revenue and earnings from Starz, its biggest holding. The pay net’s sales rose 8% to $432 million for the fourth quarter, largely on higher home video revenue from a 2011 distribution agreement with the Weinstein Co. Operating profit rose 24% to $87 million. The network had 19.6 […]

  • Gabrielle Carteris SAG AFRA PRESIDENT

    SAG-AFTRA Members Ratify Deal on Non-Primetime Television

    John Malone’s Liberty Media on Thursday reported higher revenue and earnings from Starz, its biggest holding. The pay net’s sales rose 8% to $432 million for the fourth quarter, largely on higher home video revenue from a 2011 distribution agreement with the Weinstein Co. Operating profit rose 24% to $87 million. The network had 19.6 […]

  • Carrie Coon The Sinner

    'The Sinner' Star Carrie Coon on Playing the Villain: 'I Don't Care About Being Liked'

    John Malone’s Liberty Media on Thursday reported higher revenue and earnings from Starz, its biggest holding. The pay net’s sales rose 8% to $432 million for the fourth quarter, largely on higher home video revenue from a 2011 distribution agreement with the Weinstein Co. Operating profit rose 24% to $87 million. The network had 19.6 […]

  • Aretha Franklin Patti LaBelle

    Fox News Mistakenly Uses Patti LaBelle Photo in Aretha Franklin Tribute

    John Malone’s Liberty Media on Thursday reported higher revenue and earnings from Starz, its biggest holding. The pay net’s sales rose 8% to $432 million for the fourth quarter, largely on higher home video revenue from a 2011 distribution agreement with the Weinstein Co. Operating profit rose 24% to $87 million. The network had 19.6 […]

  • 'The Alienist' Keeps 2018 Limited-Series Emmy

    'The Alienist' Will Keep 2018 Limited-Series Emmy Nominations Despite Renewal

    John Malone’s Liberty Media on Thursday reported higher revenue and earnings from Starz, its biggest holding. The pay net’s sales rose 8% to $432 million for the fourth quarter, largely on higher home video revenue from a 2011 distribution agreement with the Weinstein Co. Operating profit rose 24% to $87 million. The network had 19.6 […]

More From Our Brands

Access exclusive content