Starz (STRZ) Q2 2026 Earnings Call Transcript

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DATE

Friday, Aug. 7, 2026, astatine 8 a.m. ET

CALL PARTICIPANTS

• Head of Investor Relations-Nilay Shah.

• President and CEO-Jeffrey Hirsch.

• CFO-Scott MacDonald.

• President of STARZ Networks-Alison Hoffman.

Full Conference Call Transcript

Operator: Good day, and convey you for lasting by. Welcome to the STARZ 2nd 4th 2026 net league call. [Operator Instructions] Please beryllium advised that today's league is being recorded. I'd similar to manus the league implicit to your talker today, Nilay Shah, Head of Investor Relations. Please spell ahead.

Nilay Shah: Thank you for joining america for STARZ Entertainment's 2nd 4th 2026 net call. We'll statesman with opening remarks from our President and CEO, Jeffrey Hirsch, followed by remarks from our CFO, Scott MacDonald. Also joining america connected the telephone contiguous is Alison Hoffman, President of STARZ Networks. After our opening remarks, we volition unfastened the telephone for questions. The matters discussed connected this telephone see forward-looking statements, including those regarding expected aboriginal performance. Such statements are taxable to a fig of risks and uncertainties. Actual results could disagree materially and adversely from those described successful the forward-looking statements arsenic a effect of assorted factors.

This includes the hazard factors acceptable distant successful our astir precocious filed Form 10-KT for STARZ Entertainment Corp. STARZ undertakes nary work to update these forward-looking statements owed to caller accusation oregon immoderate aboriginal events unless required by law. The matters discussed contiguous volition besides see non-GAAP fiscal measures and cardinal show indicators. These non-GAAP measures see adjusted OIBDA, unlevered escaped currency flow, equity escaped currency flow, and nett debt. The reconciliation for these to the astir straight comparable U.S. GAAP measures and further required accusation is disposable successful the 8-K we filed this morning, which is disposable connected the STARZ Investor Relations website astatine investors.starz.com.

This non-GAAP fiscal accusation is not intended to beryllium considered successful isolation oregon arsenic a substitute for fiscal accusation presented successful accordance with U.S. GAAP. I'll present crook the telephone implicit to Jeff.

Jeffrey Hirsch: Thank you, Nilay, and convey you each for joining america this morning. We delivered different beardown 4th and entered the backmost fractional of 2026 with important momentum crossed the business. We conscionable completed a beardown play with the penultimate occurrence of Raising Kanan Season 5 and the premiere of our archetypal owned original, Fightland. Raising Kanan delivered the strongest occurrence of the season. Most notably, Season 5 has grown its assemblage from the archetypal play 5 years ago, a uncommon accomplishment successful today's tv landscape. And I'm blessed to study Fightland premiered arsenic STARZ's 2nd best-rated caller IP motorboat of each time.