Starz Entertainment Corp. announced that its subsidiary entered into a new employment agreement with Alison Hoffman, President of Starz Networks, effective August 6, 2026, and expiring December 31, 2029. The contract establishes an annual base salary of $1,485,000 and a target bonus opportunity equal to 150% of her base salary. It provides for annual equity awards with a target value of 100% of base salary in 2027, 2028, and 2029, subject to Compensation Committee approval. Severance provisions include cash payments based on the greater of remaining term or eighteen months of salary upon qualifying termination, plus COBRA premiums for up to eighteen months. A change-in-control scenario triggers an additional lump-sum payment equal to 70% of severance and acceleration of unvested equity awards. The company operates in the entertainment industry, providing streaming video-on-demand services.

On August 12, 2026, Starz Entertainment Corp. entered into Amendment No. 1 and Incremental Amendment to its Credit Agreement with JPMorgan Chase Bank, N.A. The amendment increased revolving credit commitments by $33 million and incurred an additional $67 million in senior secured term loans. Post-amendment, total revolving credit commitments stand at $183 million and term loans at $367 million. The company borrowed the full amount of the incremental term loans to fund working capital and general corporate purposes. Starz Entertainment Corp. operates in the entertainment industry, providing premium television content through its streaming service.

Starz Entertainment Corp. reported second-quarter 2026 financial results on August 7, 2026, generating $307.9 million in revenue and an Adjusted OIBDA of $59.9 million. The company recorded a significant operating loss of $(175.5) million, primarily driven by a non-recurring restructuring charge of $151.2 million that included $147.2 million in programming contract termination fees. Starz raised its 2026 outlook for Adjusted OIBDA growth from low-single-digits to mid-single-digits and increased its Unlevered Free Cash Flow forecast to the mid-to-upper end of the previous range, while reaffirming a year-end leverage target of approximately 2.7x. The company operates in the premium entertainment industry, providing original series, movies, and sports content via over-the-top streaming platforms and multichannel video distributors.