Lionsgate recently revealed their streaming subscriber count during the release of their fiscal fourth quarter results, which ended March 31, 2019,
According to Lionsgate thier Media Networks segment revenues increased by 4% to $1.46 billion in the year due to strong OTT subscriber growth to over 4 million. Segment profits increased by 2% to $436 million. Starz ended the quarter with 24.7 million total domestic subscribers which was down 400,000 sequentially and up 1.2 million from the prior year quarter.
“We’ve completed a very active and productive fiscal 2019 in which we set in place all the elements for strong growth and continued value creation in the year ahead,” said Lionsgate CEO Jon Feltheimer. “We’ve refilled our film and television content pipelines, refocused on extracting maximum value from our franchise properties and are capitalizing on an extraordinary opportunity to continue Starz’s global expansion and cement its stature as one of the leading international pure play subscription video-on-demand services.”