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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Starz Common Shares
Accumulated Deficit
Parent Net Investment
[1]
Accumulated Other Comprehensive Income
Beginning balance (in shares) at Dec. 31, 2024   0.0      
Beginning balance at Dec. 31, 2024 $ 911.3 $ 0.0 $ 0.0 $ 892.1 $ 19.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (153.0)     (153.0)  
Net transfers from Parent 8.1     8.1  
Ending balance (in shares) at Mar. 31, 2025   0.0      
Ending balance at Mar. 31, 2025 766.4 $ 0.0 0.0 747.2 19.2
Beginning balance (in shares) at Dec. 31, 2024   0.0      
Beginning balance at Dec. 31, 2024 911.3 $ 0.0 0.0 892.1 19.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (195.5)        
Ending balance (in shares) at Jun. 30, 2025   16.7      
Ending balance at Jun. 30, 2025 712.3 $ 728.3 (35.2) 0.0 19.2
Beginning balance (in shares) at Mar. 31, 2025   0.0      
Beginning balance at Mar. 31, 2025 766.4 $ 0.0 0.0 747.2 19.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (42.5)        
Net transfers from Parent 0.1     0.1  
Issuance of Starz common shares to holders of Old Lionsgate Class A Voting and Class B Non-Voting Common Shares and Separation From Old Lionsgate (in shares)   16.7      
Issuance of Starz common shares to holders of Old Lionsgate Class A Voting and Class B Non-Voting Common Shares and Separation from Old Lionsgate 0.0 $ 740.0   (740.0)  
Share-based compensation after Separation 5.9 5.9      
Share-based liability for modified July Vesting awards (17.6) $ (17.6)      
Ending balance (in shares) at Jun. 30, 2025   16.7      
Ending balance at Jun. 30, 2025 $ 712.3 $ 728.3 (35.2) 0.0 19.2
Beginning balance (in shares) at Dec. 31, 2025 16.7 16.7      
Beginning balance at Dec. 31, 2025 $ 646.0 $ 735.1 (108.5) 0.0 19.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (164.9)   (164.9)    
Stock-based compensation (in shares)   0.1      
Share-based compensation 3.2 $ 3.2      
Reclassification of unvested pre-spin award expense from equity to liability (6.7) $ (6.7)      
Other comprehensive gain 1.1       1.1
Ending balance (in shares) at Mar. 31, 2026   16.8      
Ending balance at Mar. 31, 2026 $ 478.7 $ 731.6 (273.4) 0.0 20.5
Beginning balance (in shares) at Dec. 31, 2025 16.7 16.7      
Beginning balance at Dec. 31, 2025 $ 646.0 $ 735.1 (108.5) 0.0 19.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss $ (354.3)        
Ending balance (in shares) at Jun. 30, 2026 16.8 16.8      
Ending balance at Jun. 30, 2026 $ 295.9 $ 737.3 (462.8) 0.0 21.4
Beginning balance (in shares) at Mar. 31, 2026   16.8      
Beginning balance at Mar. 31, 2026 478.7 $ 731.6 (273.4) 0.0 20.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net loss (189.4)   (189.4)    
Share-based compensation 5.3 5.3      
Exercise of stock options 0.4 $ 0.4      
Other comprehensive gain $ 0.9       0.9
Ending balance (in shares) at Jun. 30, 2026 16.8 16.8      
Ending balance at Jun. 30, 2026 $ 295.9 $ 737.3 $ (462.8) $ 0.0 $ 21.4
[1] Unless otherwise indicated or as the context requires, references to the “Parent” refer to Lions Gate Entertainment Corp., prior to the Separation.