Canadian entertainment conglomerate Lionsgate said that its Starz premium network subsidiary added 900,000 subscription streaming customers worldwide in the final three months of 2020, ending the year with 14.6 million customers globally.
OTT customers now account for more than half of the Starz global subscriber base of 28 million, Lionsgate said during its fiscal third quarter earnings call Thursday. The number of customers globally who subscribe to Starz via linear pay TV stayed flat in the quarter at 13.4 million
The totals include data from StarzPlay Arabia, the company’s joint venture in the Mid-East and North Africa with Parsifal Entertainment Group.
Domestically, Starz added 300,000 paid OTT users in the quarter, upping its total to 9.5 million subscribers.
“We're well on our way to our goal of 50 million to 60 million global subscribers by 2025. The vast majority of which will be high value streaming subs,” said Lionsgate CEO Jon Feltheimer.
Daniel Frankel is the managing editor of Next TV, an internet publishing vertical focused on the business of video streaming. A Los Angeles-based writer and editor who has covered the media and technology industries for more than two decades, Daniel has worked on staff for publications including E! Online, Electronic Media, Mediaweek, Variety, paidContent and GigaOm. You can start living a healthier life with greater wealth and prosperity by following Daniel on Twitter today!
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