Starz’s Spending Increases as Subscriptions and Profits Drop

Last week the Starz entertainment network (NASDAQ: STRZA and STRZB) announced its fourth quarter results for 2015. Sales were relatively flat for the quarter,
Last week the Starz entertainment network (NASDAQ: STRZA and STRZB) announced its fourth quarter results for 2015. Sales were relatively flat for the quarter, but profits took a big hit as programming expenses rose, reports Motley Fool. Starz subscriptions grew 300,000 for the fourth quarter and 500,000 for the year. They are now at an all-time high: 23.6 million. Encore subscriptions, however, are down. They are now at 32.2 million....

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