(STRZ)

Role: Other*
Signature: Warner Bros. Discovery, Inc., By: /s/ Tara L. Smith, Executive Vice President and Corporate Secretary
Issuer symbol: STRZ
Transactions as of: 02 Jun 2025
Net transactions value: -$4,999,994
Form type: 4
Filing time: 04 Jun 2025, 17:10:25 UTC
Previous filing: 08 May 2025
SEC: View on sec.gov

Reporting Owners (2)

Name	Relationship	Address	Signature	Signature date	CIK
Warner Bros. Discovery, Inc.	Other*	230 PARK AVENUE SOUTH, NEW YORK	Warner Bros. Discovery, Inc., By: /s/ Tara L. Smith, Executive Vice President and Corporate Secretary	04 Jun 2025	0001437107
Discovery Lightning Investments LTD	Other*	566 CHISWICK HIGH ROAD, DISCOVERY HOUSE, CHISWICK PARK BUILDING 2, LONDON, UNITED KINGDOM	Discovery Lightning Investments Ltd., By: /s/ Tara L. Smith, Attorney-in-Fact	04 Jun 2025	0001658101

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STRZ	Common Shares	Sale	$4,999,994	-353,334	-100%	$14.15	0	02 Jun 2025	By subsidiary	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Warner Bros. Discovery, Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	On June 2, 2025, Discovery Lightning Investments Ltd. ("DLI") entered into an agreement with MHR Capital Partners Master Account LP and MHR Capital Partners (100) LP (together, the "MHR Entities"), pursuant to which the MHR Entities agreed to purchase 353,334 common shares, no par value ("Common Shares"), of Starz Entertainment Corp. (the "Issuer") from DLI in a private transaction for aggregate cash consideration of $5,000,000. Following the consummation of such transaction on June 3, 2025, DLI ceased to own any Common Shares.
F2	The shares are held directly by DLI. Because DLI is an indirect wholly-owned subsidiary of Warner Bros. Discovery, Inc. ("WBD"), WBD may be deemed to beneficially own the reported securities. WBD expressly disclaims beneficial ownership of the reported securities, except to the extent of its pecuniary interest therein.

Content

On June 2, 2025, Discovery Lightning Investments Ltd. ("DLI") entered into an agreement with MHR Capital Partners Master Account LP and MHR Capital Partners (100) LP (together, the "MHR Entities"), pursuant to which the MHR Entities agreed to purchase 353,334 common shares, no par value ("Common Shares"), of Starz Entertainment Corp. (the "Issuer") from DLI in a private transaction for aggregate cash consideration of $5,000,000. Following the consummation of such transaction on June 3, 2025, DLI ceased to own any Common Shares.

The shares are held directly by DLI. Because DLI is an indirect wholly-owned subsidiary of Warner Bros. Discovery, Inc. ("WBD"), WBD may be deemed to beneficially own the reported securities. WBD expressly disclaims beneficial ownership of the reported securities, except to the extent of its pecuniary interest therein.

Remarks:

Prior to the consummation of the transaction described in this filing, as a result of certain agreements among the Reporting Persons, the Issuer and certain other shareholders of the Issuer, the Reporting Persons may have been deemed members of a "group", within the meaning of Rule 13d-5(b)(1) under the Securities Exchange Act of 1934, as amended (the "Act"), with such other shareholders, that beneficially owned more than 10% of the Common Shares of the Issuer. These agreements are described in, and filed as exhibits to, the Issuer's Current Report on Form 8-K filed with the Securities Exchange Commission on May 7, 2025. This filing is being made as a precautionary matter and shall not be deemed an admission that any of the Reporting Persons was a member of a group or subject to the reporting requirements of Section 16 of the Act. Following the consummation of the transaction described in this filing, the Reporting Persons beneficially own no Common Shares.