Starz Entertainment Pivoting To Digital Strategy - Forbes

Starz Entertainment STRZ executives said the company delivered a strong first quarter of fiscal 2026 and is moving faster than previously expected toward its long-term margin target, aided by content cost reductions, pricing discipline and a shift toward owned original programming. President and CEO Jeffrey Hirsch said the quarter coincided with the one-year anniversary of Starz’s separation and argued that the company is now “structurally stronger” than it was at the time of the split. He said Starz has met or exceeded its key first-year financial targets, including improving margins, converting adjusted OIBDA into free cash flow and reducing leverage. “Calendar 2026 will serve as a financial inflection point for the business,” Hirsch said, adding that Starz is now managing against four core metrics: OTT revenue growth, adjusted OIBDA, free cash flow and deleveraging. Quarterly Results Meet or Exceed GuidanceCFO Scott Macdonald said first-quarter OTT revenue was $211 million, up from $210 million in the fourth quarter of fiscal 2025. Total revenue was $307 million, down from $323 million sequentially, primarily due to the timing of Canadian licensing revenue.

A former nanny for the Gosselin family claims Kate Gosselin “110% abused” her son, Collin. In an interview with People published Friday, Ashley H. — who preferred not to reveal her last name — alleged that Kate “very much outwardly treated Collin different[ly]” amid abuse allegations he made against his mom in his new memoir, “In the Shadow of Eight: Surviving the Reality of My Childhood.”