Starz Streaming Usage Up 44% During Pandemic
CEO Jeffrey Hirsch says 'portfolio' mixture of hit series like 'Outlander' and box-office smashes including 'Once Upon a Time in Hollywood' keep viewers coming back again and again
Lionsgate-owned premium programmer Starz said its overall viewing is up 35% since March 14, the beginning of pandemic-based shelter-in-place viewing consumption.
Average viewership on the Starz app is up 44%, while usage of the Starz premium cable channel has increased 33%.
Starz CEO Jeffrey Hirsch made the revelation on CNBC over the weekend, where he discussed Starz’s overall strategy. You can see the short interview with Hirsch here.
Starz, he said, is sold as a “premium add-on,” which “compliments” Netflix, Amazon Prime Video, Hulu or any of the “broad-basic” SVOD services that looking to “replace pay TV.”
Rather than being driven by individual hits, Starz is benefitting from a “portfolio approach,” Hirsch said, whereby movies like recent Quentin Tarantino box office smash Once Upon a time in Hollywood compliment tentpole series like Outlander and keep viewers coming back to the platform week after week.
Also notable: in a direct-to-consumer world in which the Starz app is sold directly to consumers instead of the service being peddled through pay TV operators, Hirsch said, “Starz does become a more profitable company.”
Hirsch, meanwhile, addressed another common video programming topic amid the pandemic—a shortage of shows caused by production stoppages. He said that since Starz works a year ahead, “most shows that come online this year are already in post production,” and that things like “virtual editing and virtual sound mixing” are doable amid “an unprecedented time for our industry.”
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Daniel Frankel is the managing editor of Next TV, an internet publishing vertical focused on the business of video streaming. A Los Angeles-based writer and editor who has covered the media and technology industries for more than two decades, Daniel has worked on staff for publications including E! Online, Electronic Media, Mediaweek, Variety, paidContent and GigaOm. You can start living a healthier life with greater wealth and prosperity by following Daniel on Twitter today!