VERIZON FIOS CUSTOMERS HAVE LOST ACCESS TO STARZ
STARZ (STRZ) announced that Verizon Fios customers have lost access to its services after the companies did not reach a renewal agreement.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
STARZ (STRZ) announced that Verizon Fios customers have lost access to its services after the companies did not reach a renewal agreement.
The interruption covers all STARZ channels, STARZ On Demand and the STARZ app through Verizon Fios. Customers have lost access to STARZ programming and its film library through that provider. STARZ said it remains ready to reach an agreement to restore access as quickly as possible.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- None.
Negative
- Moderate pointVerizon Fios customers lost access to all STARZ channels, STARZ On Demand and the STARZ app.
Key Terms
ott technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
"Despite extensive efforts by STARZ to reach a renewal agreement and preserve uninterrupted access for Verizon Fios customers, Verizon has chosen to remove STARZ. Verizon has mischaracterized our position, shown an unwillingness to negotiate and has been unproductive in progressing towards a mutually beneficial outcome," said Alison Hoffman, President, STARZ Networks. "STARZ is one of the few remaining independent entertainment companies in a marketplace increasingly dominated by large media and telecommunications conglomerates. For decades, we have invested in storytelling that reflects a broad range of voices, experiences and perspectives, while championing creators and audiences that have historically been underrepresented in mainstream entertainment. Verizon's decision to drop STARZ deprives its customers of access to a unique slate of programming that cannot be found anywhere else and leaves viewers with fewer choices. We stand ready to reach a fair agreement that restores STARZ to Verizon customers as quickly as possible."
Since an agreement was not reached, customers have lost access to STARZ's programming, including the full "Power" Universe and the upcoming "Power: Origins," new hit drama "Fightland," every episode of the timeless romantic drama "Outlander" and its critically acclaimed prequel, "Outlander: Blood of my Blood," the upcoming season of the award-winning "P-Valley," the current season of the crime drama "S.W.A.T. Exiles," and the upcoming premiere of critically acclaimed drama, "Tip Toe," which are available exclusively on STARZ. Fans have also lost access to STARZ's extensive film library, including the global phenomenon Michael.
About STARZ
STARZ (NASDAQ: STRZ) is the leading premium entertainment destination for women and underrepresented audiences, and home to some of the most popular franchises and series on television. STARZ offers a robust programming mix for discerning adult audiences, including boundary-breaking originals and an expansive lineup of blockbuster movies, and is embodied by its brand positioning "We're All Adults Here." Complementary to any platform or service, STARZ is available across a wide range of digital OTT platforms and multichannel video distributors and is a bundling partner of choice. STARZ is powered by an industry-leading advanced technology, data analytics and digital infrastructure and the highly rated and first-of-its-kind STARZ app.
Press Inquiries - Contact:
Jennifer Minezaki
jennifer.minezaki@starz.com
Erin Moody
erin.moody@starz.com
Stephanie Lambert
stephanie.lambert@starz.com
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SOURCE Starz Entertainment LLC
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Why have Verizon Fios customers lost access to STARZ?
Verizon Fios customers lost access because the companies did not reach a renewal agreement. The interruption affects all STARZ channels, STARZ On Demand and the STARZ app through Verizon Fios.