(STRZ)

Reporting relationship: Other*
Issuer ticker: STRZ
Reported as of: 02 Jun 2025
Net transaction value: -$4,999,994
SEC form: 4
Accepted by SEC: 04 Jun 2025, 17:10:25 UTC
Prior SEC filing: 08 May 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 04 Jun 2025.

Key facts

This page summarizes Warner Bros. Discovery, Inc.'s Form 4 filing for STARZ ENTERTAINMENT CORP /CN/ (STRZ).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 04 Jun 2025, 17:10.

Change

Previous filing in this sequence was filed on 08 May 2025.
Current net transaction value: -$4,999,994.

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: 04 Jun 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: 04 Jun 2025

Reported non-derivative transactions

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

STRZ transaction

Common Shares

Sale

Transaction value: $4,999,994
Shares: -353,334
Change %: -100%
Price: $14.15
Shares after: 0
Date: 02 Jun 2025
Ownership: By subsidiary
Footnotes: F1, F2

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Warner Bros. Discovery, Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote 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.

Footnote 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.

SEC 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.