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Starz Reports Lower Q2 Earnings But Touts Lionsgate Deal And ‘Force Awakens’ Bow

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Starz, which was acquired in June by Lionsgate in what was a $4.4 billion cash and stock deal, today reported reported lower second-quarter earnings, specifically 54 cents per share compared with 59 center per share a year ago. There were no surprises in the report except Starz said the decline was due to fewer new releases from The Weinstein Co. Operating income for the premium cabler decreased about 5% to $105.4M. In addition, revenue fell 4% to $402.6M and total…

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