(STRZ)

Reporting relationship: Other*
Issuer ticker: STRZ
Reported as of: 06 May 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 08 May 2025, 17:00:10 UTC
Next SEC filing: 04 Jun 2025
Source filing: View source filing
Reporting owner signature: Warner Bros. Discovery, Inc., By: /s/ Tara L. Smith, Executive Vice President and Corporate Secretary

Key filing fact

Warner Bros. Discovery, Inc. filed Form 4 for STARZ ENTERTAINMENT CORP /CN/ (STRZ) on 08 May 2025.

Key facts

This page summarizes Warner Bros. Discovery, Inc.'s Form 4 filing for STARZ ENTERTAINMENT CORP /CN/ (STRZ).
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 08 May 2025, 17:00.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (2)

CIK 0001437107 Primary reporting owner

Warner Bros. Discovery, Inc.

Relationship: Other*
Address: 230 PARK AVENUE SOUTH, NEW YORK
Signature: Warner Bros. Discovery, Inc., By: /s/ Tara L. Smith, Executive Vice President and Corporate Secretary
Signature date: 08 May 2025

CIK 0001658101

Discovery Lightning Investments LTD

Relationship: Other*
Address: 566 CHISWICK HIGH ROAD, DISCOVERY HOUSE, CHISWICK PARK BUILDING 2, LONDON, UNITED KINGDOM
Signature: Discovery Lightning Investments Ltd., By: /s/ Tara L. Smith, Attorney-in-Fact
Signature date: 08 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

STRZ transaction

Class A Voting Shares

Other

Transaction value
Shares: -2,500,000
Change %: -100%
Price
Shares after: 0
Date: 06 May 2025
Ownership: By subsidiary
Footnotes: F1, F2

STRZ transaction

Class B Non-Voting Shares

Other

Transaction value
Shares: -2,500,000
Change %: -100%
Price
Shares after: 0
Date: 06 May 2025
Ownership: By subsidiary
Footnotes: F1, F2

STRZ transaction

Common Shares

Other

Transaction value
Shares: +5,300,000
Change %
Price
Shares after: 5,300,000
Date: 06 May 2025
Ownership: By subsidiary
Footnotes: F1, F2

STRZ transaction

Common Shares

Other

Transaction value
Shares: +353,334
Change %
Price
Shares after: 353,334
Date: 06 May 2025
Ownership: By subsidiary
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On May 6, 2025, Lions Gate Entertainment Corp. ("LGEC") completed the separation of its motion picture and television studio operations businesses from its other businesses through a series of transactions (the "Transactions"). In connection with the completion of the Transactions, Lions Gate Entertainment Corp. was renamed Starz Entertainment Corp. (the "Issuer"). Pursuant to the Transactions, following a series of exchanges, among other things, (1) each Class A voting share, no par value, of LGEC ("Class A Voting Shares") was ultimately exchanged for one and twelve one-hundredths (1.12) common shares, no par value, of the Issuer ("Common Shares") and (2) each Class B non-voting share, no par value, of LGEC ("Class B Non-Voting Shares") was ultimately exchanged for one (1) Common Share.

Footnote F2

The shares are held directly by Discovery Lightning Investments Ltd. ("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.

Footnote F3

Following the exchange of Class A Voting Shares and Class B Non-Voting Shares for Common Shares, the Common Shares were consolidated on a 15-to-1 basis such that every fifteen (15) Common Shares were consolidated into one (1) Common Share.

SEC remarks

As a result of certain agreements among the Reporting Persons, the Issuer and certain other shareholders of the Issuer, the Reporting Persons may be 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 owns 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 is a member of a group or subject to the reporting requirements of Section 16 of the Act.