Starz announces Q2 revenue jump, expanded agreement with MGM

08/1/2013 | Hollywood Reporter (free content), The

Starz in Q2 tallied a 29% jump in revenue to $517.4 million and a 16% increase in operating profit to $116.1 million, compared with the same period in 2012. Earnings fell slightly to $66 million. Starz' subscriptions during the quarter went up slightly, while Encore's customer base was flat. In programming news, Starz has signed an extended long-term pact with MGM that includes its James Bond and Rocky franchises, among other content, CEO Chris Albrecht said.

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Hollywood Reporter (free content), The

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