Starz Entertainment raised its full-year adjusted OIBDA growth outlook to the mid-single digits and lifted unlevered free-cash-flow guidance to the mid-to-upper end of its prior $80 million to $120 million range, as second-quarter OTT revenue grew year over year for the first time since the fourth quarter of 2024. Total revenue was $308 million, including $221 million of OTT revenue and $87 million in linear and other revenue, while adjusted OIBDA reached $60 million. The company also secured commitments to increase credit facilities by $100 million, a move expected to reduce annual interest costs by about $4 million, and announced new and expanded partnerships with Peacock, Prime Video and Crunchyroll. Management attributed the streaming momentum to titles including Outlander, Raising Kanan and Fightland, which helped drive the second-highest quarterly audience engagement level on record.
Starz Entertainment LLCRaised full-year profit and cash-flow outlook, increased credit facilities, and reduced interest costs.
