Starz 10-Q 29 Jul 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - Jun. 30, 2015 - shares	Total
Document and Entity Information [Abstract]
Entity Registrant Name	Starz, LLC
Entity Central Index Key	1,559,270
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding	0
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 20.3	$ 13.4
Trade accounts receivable, net of allowances of $27.0 and $41.9	269.4	249.1
Program rights, net	372.8	303.5
Deferred income taxes	0.9	0.9
Other current assets	55.1	70.1
Total current assets	718.5	637
Noncurrent assets:
Program rights	309.8	311.3
Investment in films and television programs, net	305.9	319.5
Property and equipment, net of accumulated depreciation of $132.1 and $123.4	86.8	89.8
Deferred income taxes	17.5	0
Goodwill	131.8	131.8
Other assets, net (Note 7)	112.4	83.8
Total assets	1,682.7	1,573.2
Current liabilities:
Current portion of debt (Note 2)	5.4	5.3
Trade accounts payable	5.4	10.1
Accrued liabilities (Notes 4, 6 and 7)	225.1	327.4
Deferred revenue	14.9	7.4
Total current liabilities	250.8	350.2
Noncurrent liabilities:
Debt (Note 2)	1,245.2	1,174.2
Deferred Tax Liabilities, Net, Noncurrent	0	1.1
Other liabilities (Note 6)	5.5	7.9
Total liabilities	1,501.5	1,533.4
Member's Equity [Abstract]
Member’s interest	188.9	48.5
Noncontrolling interest in subsidiary	(7.7)	(8.7)
Total member’s interest and noncontrolling interest	$ 181.2	$ 39.8
Commitments and contingencies (Note 6)
Total liabilities and member’s interest and noncontrolling interest	$ 1,682.7	$ 1,573.2

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Allowances for trade accounts receivable	$ 27	$ 41.9
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	$ 132.1	$ 123.4

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenue:
Programming networks and other services	$ 380.3	$ 372	$ 796.1	$ 735.3
Home video net sales	37.4	38.1	72.3	94.8
Total revenue	417.7	410.1	868.4	830.1
Costs and expenses:
Programming (including amortization) (Notes 3 and 6)	154.5	158.7	300.5	315.6
Production and acquisition (including amortization) (Note 4)	50	49.9	106.6	90.8
Home video cost of sales	10	9.7	20.4	22.7
Operating (Note 3)	12.4	12.6	25.7	26.7
Selling, general and administrative (Note 3)	75.5	69.3	152.7	146
Depreciation and amortization	4.8	5.1	9.5	10
Total costs and expenses	307.2	305.3	615.4	611.8
Operating income	110.5	104.8	253	218.3
Other income (expense):
Interest expense, net of amounts capitalized (Note 2)	(11.3)	(11.8)	(22.5)	(23.3)
Other income (expense), net	(2.1)	11	(4.3)	11.5
Income before income taxes	97.1	104	226.2	206.5
Income tax expense (Note 5)	(34.1)	(35)	(77.1)	(70.7)
Net income	63	69	149.1	135.8
Net loss (income) attributable to noncontrolling interest	0.4	1.1	(1.1)	(0.8)
Net income attributable to member	$ 63.4	$ 70.1	$ 148	$ 135

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 63	$ 69	$ 149.1	$ 135.8
Other comprehensive income (loss), net of taxes -
Foreign currency translation adjustments from operations	(0.1)	0.1	0.6	(0.1)
Comprehensive income	62.9	69.1	149.7	135.7
Comprehensive loss (income) attributable to noncontrolling interest	0.5	1.1	(1.2)	(0.8)
Comprehensive income attributable to member	$ 63.4	$ 70.2	$ 148.5	$ 134.9

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Operating activities:
Net income	$ 63	$ 69	$ 149.1	$ 135.8
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	4.8	5.1	9.5	10
Amortization of program rights	144.2	147.3	281.1	293.6
Program rights payments			(253.5)	(237.8)
Amortization of investment in films and television programs			80.1	75.6
Investment in films and television programs	(124.9)	(101)	(233.6)	(180.5)
Stock compensation	8.1	7.5	16.4	15.3
Deferred income taxes			(10.2)	(6.5)
Other non-operating and non-cash items			(7.2)	(12.4)
Changes in assets and liabilities:
Current and other assets			(23.3)	25.6
Payables and other liabilities			(34.4)	(58.7)
Net cash provided by (used in) operating activities			(26)	60
Investing activities:
Purchases of property and equipment			(5.8)	(3.2)
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital			0	10.7
Purchases of property and equipment			(5.8)	7.5
Financing activities:
Borrowings of debt			734	208.5
Payments of debt			(662.6)	(152.4)
Debt issuance costs			(5)	0
Contributions from parent related to exercise of stock options			7.7	2.6
Minimum withholding of taxes related to stock compensation			(15.3)	(8.6)
Excess tax benefit from stock compensation			12.7	6.2
Distributions to parent related to repurchases of common stock			(32.8)	(136.6)
Net cash provided by (used in) financing activities			38.7	(80.3)
Net increase (decrease) in cash and cash equivalents			6.9	(12.8)
Beginning of period			13.4	25.7
End of period	$ 20.3	$ 12.9	$ 20.3	$ 12.9

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Equity of Members Interest and Noncontrolling Interests (Unaudited) - 6 months ended Jun. 30, 2015 - USD ($) $ in Millions	Total	Member’s Interest	Noncontrolling Interest
Balance at Dec. 31, 2014	$ 39.8	$ 48.5	$ (8.7)
Increase (Decrease) in Member's Interest and Noncontrolling Interests [Roll Forward]
Net income	149.1	148	1.1
Other comprehensive income	0.6	0.5	0.1
Stock compensation	19.4	19.6	(0.2)
Contributions from parent related to exercise of stock options	7.7	7.7
Minimum withholding of taxes related to stock compensation	(15.3)	(15.3)
Excess tax benefit from stock compensation	12.7	12.7
Distributions to parent related to repurchases of common stock	(32.8)	(32.8)
Balance at Jun. 30, 2015	$ 181.2	$ 188.9	$ (7.7)

Basis of Presentation and Descr

Basis of Presentation and Description of Business	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Description of Business	Basis of Presentation and Description of Business Presentation Starz, LLC provides premium subscription video programming to United States (“U.S.”) multichannel video programming distributors (“MVPDs”), including cable operators, satellite television providers and telecommunications companies. Starz, LLC also develops, produces and acquires entertainment content and distributes this content to consumers in the U.S. and throughout the world. The accompanying condensed consolidated financial statements include the accounts of Starz, LLC and its majority-owned and controlled subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. The accompanying interim unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X as promulgated by the Securities and Exchange Commission. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation of the results for such periods have been included. The results of operations for any interim period are not necessarily indicative of results for the full year. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto contained in Starz, LLC’s Annual Report on Form 10-K for the year ended December 31, 2014 . Business Starz, LLC’s business operations are conducted by its wholly-owned subsidiaries Starz Entertainment, LLC (“Starz Entertainment”), Film Roman, LLC (“Film Roman”) and certain other immaterial subsidiaries, and its majority-owned ( 75% ) subsidiary Starz Media Group, LLC (“Starz Media”). The Weinstein Company LLC (“Weinstein”) owns a 25% interest in Starz Media. Starz, LLC is managed by and organized around the following operating segments: Starz Networks Starz Networks’ flagship premium networks are STARZ and ENCORE. STARZ, a first-run movie service, exhibits contemporary hit movies, original series, and documentaries. ENCORE airs first-run movies and classic contemporary movies. Starz Networks’ third network, MOVIEPLEX, offers a variety of art house, independent films and classic movie library content. STARZ and ENCORE, along with MOVIEPLEX, air across 17 linear networks complemented by on-demand and online services. Starz Networks’ premium networks are offered by MVPDs to their subscribers either on a fixed monthly price as part of a programming tier or package or on an a la carte basis. Starz Distribution Starz Distribution includes Starz, LLC’s Anchor Bay Entertainment, Starz Digital and Starz Worldwide Distribution businesses. Anchor Bay Entertainment Anchor Bay Entertainment sells or rents DVDs (standard definition and Blu-ray™) under the ANCHOR BAY brand, in the U.S., Canada and other international territories to the extent it has home entertainment rights to such content in international territories. Anchor Bay Entertainment acquires and licenses various titles from third parties and also develops and produces certain of its content. Certain of the titles acquired by Anchor Bay Entertainment air on Starz Networks’ STARZ and ENCORE networks. Anchor Bay Entertainment also distributes Starz Networks’ original series and Weinstein’s titles. Each of these titles are sold to and distributed by regional and national retailers and other distributors, including Amazon, Best Buy, Ingram Entertainment, Netflix, Redbox, Target and Wal-Mart. Starz Digital Starz Digital is the global digital and on-demand licensing arm of Starz and distributes content on pay-per-view, video-on-demand, subscription video-on-demand (“SVOD”), ad-supported video-on-demand (“AVOD”), electronic sell-through and other digital formats for Starz’s owned content, including Starz Networks’ original series, Weinstein’s titles and content licensed from third-parties in the U.S. and throughout the world to the extent it has rights to such content in international territories. Starz Digital receives fees for its content from a wide array of partners and distributors ranging from traditional MVPDs to online and mobile distributors. Starz Worldwide Distribution Starz Worldwide Distribution is the global television licensing arm of Starz and distributes movies, television series, documentaries, children’s programming and other video content. Starz Worldwide Distribution exploits Starz’s owned content, including Starz Networks’ original series, and content for which it has licensed rights on free or pay television in the U.S. and throughout the world on free or pay television and other media to the extent it has rights to such content in international territories. Starz Worldwide Distribution receives fees for its content primarily from various U.S. and international programming networks. Starz Animation Film Roman develops and produces two-dimensional animated content on a for-hire basis for various third party entertainment companies. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Starz, LLC considers amortization of program rights, the development of the remaining unrecognized revenue (also known as “Ultimate Revenue”) estimates associated with released films, the assessment of investment in films and television programs for impairment, the fair value of goodwill and any related impairment, valuation allowances associated with deferred income taxes and allowances for sales returns to be its most significant estimates. Actual results may differ from those estimates. Prior Period Reclassifications Certain prior period amounts have been reclassified for comparability with the 2015 presentation.

Debt

Debt	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Debt	Debt Debt consists of the following (in millions) : June 30, December 31, 2015 Credit Agreement (a) $ 506.0 $ — 2011 Credit Agreement (b) — 432.0 Senior Notes, including premium of $2.2 and $2.5 (c) 677.2 677.5 Capital leases (d) 67.4 70.0 Total debt 1,250.6 1,179.5 Less current portion of debt (5.4 ) (5.3 ) Debt $ 1,245.2 $ 1,174.2 (a) On April 20, 2015, Starz, LLC entered into a credit agreement (“2015 Credit Agreement”) that provides for $1,000.0 million in revolving loans with a $50.0 million sub-limit for stand-by letters of credit. Net proceeds from the 2015 Credit Agreement were used to repay and terminate the 2011 Credit Agreement (as defined below). Borrowings under the 2015 Credit Agreement may be prepaid at any time and from time to time without penalty other than customary breakage costs. Any amounts prepaid on the 2015 Credit Agreement may be reborrowed. The 2015 Credit Agreement is scheduled to mature on April 20, 2020. As of June 30, 2015 , Starz, LLC had $494.0 million of borrowing capacity under the 2015 Credit Agreement. Interest on each loan under the 2015 Credit Agreement is payable at either an alternate base rate or LIBOR at Starz, LLC’s election. Borrowings that are alternate base rate loans bear interest at a per annum rate equal to the alternate base rate plus a margin that varies between 0.50% and 1.25% depending on the consolidated leverage ratio of Starz, LLC, as defined in the 2015 Credit Agreement. The alternate base rate is the highest of (a) the Prime Rate, (b) the Federal Funds Effective Rate plus ½ of 1% or (c) LIBOR for a one -month interest period plus 1% . Borrowings that are LIBOR loans bear interest at a per annum rate equal to the applicable LIBOR plus a margin that varies between 1.50% and 2.25% depending on the consolidated leverage ratio of Starz, LLC. The 2015 Credit Agreement requires Starz, LLC to pay a commitment fee on any unused portion. The commitment fee varies between 0.25% and 0.40% , depending on the consolidated leverage ratio of Starz, LLC. As of June 30, 2015 , the following borrowings and related LIBOR or alternate base rate interest rates were outstanding under the 2015 Credit Agreement (dollars in millions) : LIBOR or alternate base rate period: Interest Rate Loan Amount June 2015 to July 2015 1.9341% $ 95.0 June 2015 to July 2015 1.9375% 371.0 June 2015 to July 2015 1.9360% 11.0 June 2015 and forward 4.0000% 29.0 $ 506.0 The 2015 Credit Agreement contains certain covenants that include restrictions on, among others, incurring additional debt, paying dividends, entering into liens or guarantees, or making certain distributions, investments and other restricted payments. In addition, Starz, LLC must comply with certain financial covenants, including a consolidated leverage ratio, as defined in the 2015 Credit Agreement. As of June 30, 2015 , Starz, LLC was in compliance with all covenants under the 2015 Credit Agreement. (b) On November 16, 2011, Starz, LLC entered into a credit agreement (“2011 Credit Agreement”) that provided for $1,000.0 million of revolving loans and a $50.0 million sub-limit for standby letters of credit with a maturity date of November 16, 2016. On April 20, 2015, Starz, LLC repaid and terminated the 2011 Credit Agreement using borrowings under the 2015 Credit Agreement. (c) Starz, LLC and Starz Finance Corp., a wholly-owned subsidiary, co-issued $675.0 million aggregate principal amount of 5.0% senior notes due September 15, 2019 (“Senior Notes”). The Senior Notes bear interest at a rate of 5.0% payable semi-annually on September 15 and March 15 of each year and are guaranteed by Starz Entertainment. The Senior Notes contain certain covenants that include restrictions on, among others, incurring additional debt, paying dividends, entering into liens and guarantees, or making certain distributions, investments and other restricted payments. As of June 30, 2015 , Starz, LLC was in compliance with all covenants under the Senior Notes. (d) On January 11, 2013, Starz, LLC entered into a commercial lease for its headquarters building. The term of the lease is ten years, with four successive five -year renewal periods at the option of Starz, LLC. Starz, LLC has recorded a $44.8 million capital lease in connection with this lease agreement with an imputed annual interest rate of 6.4% . Starz Entertainment has entered into capital lease agreements for its transponder capacity. The agreements expire during 2018 to 2021 and have imputed annual interest rates ranging from 5.5% to 7.0% . At June 30, 2015 , the fair value of the Senior Notes was $688.5 million which was based upon quoted prices in active markets. Starz, LLC believes the fair value of the 2015 Credit Agreement approximates its carrying value as of June 30, 2015 due to its variable rate nature and Starz, LLC’s stable credit spread. Amounts totaling $1.8 million , $0.9 million , $3.3 million and $1.8 million of interest expense have been capitalized as investment in films and television programs during the three months ended June 30, 2015 and 2014 and the six months ended June 30, 2015 and 2014 , respectively.

Stock Options and Restricted St

Stock Options and Restricted Stock	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Options and Restricted Stock	Stock Options and Restricted Stock Starz has granted to certain of Starz, LLC’s employees and directors, stock options to purchase Starz Series A common stock, restricted shares of Starz Series A common stock and restricted stock units pursuant to the Starz incentive plans. Stock compensation expense, by expense category, consists of the following (in millions): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Programming costs $ 0.7 $ 0.3 $ 1.3 $ 1.0 Operating expenses 0.1 — 0.2 0.1 Selling, general and administrative expenses 7.3 7.2 14.9 14.2 Total stock compensation expense $ 8.1 $ 7.5 $ 16.4 $ 15.3 As of June 30, 2015 , the total unrecognized compensation cost related to unvested stock options, restricted stock and restricted stock units was approximately $55.9 million . Such amount will be recognized in Starz, LLC’s condensed consolidated statements of operations over a weighted average period of approximately 2.22 years. The following table presents the number and weighted average exercise price (“WAEP”) of stock options to purchase Starz common stock: Options WAEP Outstanding at December 31, 2014 13,688,570 $ 18.32 Granted 48,540 $ 34.19 Exercised (1,924,218 ) $ 14.37 Forfeited (436,339 ) $ 21.86 Expired/canceled — $ — Outstanding at June 30, 2015 11,376,553 $ 18.92 Exercisable at June 30, 2015 4,172,914 $ 14.28 At June 30, 2015 , the weighted-average remaining contractual term of outstanding options is 5.5 years and exercisable options is 4.2 years. At June 30, 2015 , the aggregate intrinsic value of the outstanding options is $293.6 million and the exercisable options is $127.0 million . The following table presents the number and weighted-average grant date fair value of restricted stock grants: Restricted Stock Weighted Average Grant-Date Fair Value Outstanding at December 31, 2014 454,595 $ 26.45 Granted 10,028 $ 39.49 Vested (51,615 ) $ 19.18 Forfeited (19,168 ) $ 29.02 Outstanding at June 30, 2015 393,840 $ 27.59 In 2015, Starz granted to certain of Starz, LLC’s employees, restricted stock units that will vest based upon the actual, cumulative Adjusted OIBDA (as defined in Note 8) achieved by Starz during a three year performance period beginning on January 1, 2015 and ending on December 31, 2017 (“Performance Period”), compared to a target cumulative Adjusted OIBDA during the Performance Period specified by the Starz compensation committee. Potential vesting of the restricted stock units ranges from a threshold of 50% of the target award if Starz’s actual three-year cumulative Adjusted OIBDA equals 90% of the targeted amount, to a maximum of 200% of the target award if Starz’s actual three-year cumulative Adjusted OIBDA equals or exceeds 120% of the targeted amount. Results between threshold, target and maximum will be interpolated on a straight line basis. Each restricted stock unit provides the right to receive, in those specified circumstances, one share of Starz Series A common stock. Based upon the target for the Performance Period, the number of restricted stock units representing the threshold, target and maximum are 48,942 units, 97,884 units and 195,768 units, respectively.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions In December 2010, Anchor Bay Entertainment entered into a five -year license agreement with Weinstein for the distribution of certain of Weinstein’s theatrical releases on DVD and digital formats. Effective December 2014, Anchor Bay Entertainment extended, through April 2020, its license agreement with Weinstein. Anchor Bay Entertainment earns a fee for the distribution of such theatrical titles. Starz, LLC recognized expense of $31.7 million , $28.2 million , $53.1 million and $54.3 million , which is included in production and acquisition costs in the accompanying condensed consolidated statements of operations, for Weinstein’s share of the net proceeds under the license agreement, for the three months ended June 30, 2015 and 2014 and the six months ended June 30, 2015 and 2014 , respectively. Cash paid to Weinstein for investment in films and television programs totaled $85.1 million and $57.9 million for the six months ended June 30, 2015 and 2014 , respectively. Amounts due to Weinstein totaled none and $59.6 million , which are included in accrued liabilities in the accompanying condensed consolidated balance sheets, at June 30, 2015 and December 31, 2014 , respectively.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The income tax provision for the three months ended June 30, 2015 and 2014 and the six months ended June 30, 2015 and 2014 is calculated by estimating Starz, LLC’s annual effective tax rate and then applying the effective tax rate to income before income taxes for the period, plus or minus the tax effects of items that relate discretely to the period, if any. Our effective tax rate was 35% , 34% , 34% and 34% for the three months ended June 30, 2015 and 2014 and the six months ended June 30, 2015 and 2014 , respectively. For the three months ended June 30, 2015 and 2014 and the six months ended June 30, 2015 and 2014 , income tax expense differs from the amounts computed by applying the U.S. federal income tax rate of 35% primarily due to Internal Revenue Code Section 199, which allows U.S. taxpayers a deduction for qualified domestic production activities, which is partially offset by state and local taxes.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Programming Rights Starz, LLC has an exclusive multi-year output licensing agreement for qualifying films that are released theatrically in the U.S. by Sony Pictures Entertainment Inc. (“Sony”) through 2021. The agreement provides Starz, LLC with exclusive pay TV rights to exhibit qualifying theatrically released films under the Sony, Columbia Pictures, Screen Gems, Sony Pictures Classics and TriStar labels. Theatrically released films produced by Sony Pictures Animation are not licensed to Starz, LLC under the Sony agreement. In addition, Starz, LLC has an exclusive licensing agreement for qualifying films that are released theatrically in the U.S. by Walt Disney Company (“Disney”) through 2015. The agreement provides Starz, LLC with exclusive pay TV rights to exhibit qualifying theatrically released live-action and animated feature films under the Disney, Touchstone, Pixar and Marvel labels. Theatrically released films produced by DreamWorks and released by Disney are not licensed to Starz, LLC under the Disney agreement. The programming fees to be paid to Sony and Disney are based on the quantity and domestic theatrical exhibition receipts of qualifying films. Starz, LLC has also entered into agreements with a number of other motion picture producers and is obligated to pay fees for the rights to exhibit certain films that are released by these producers. The unpaid balance for program rights related to films that were available for exhibition at June 30, 2015 is reflected in accrued liabilities and in other liabilities in the accompanying condensed consolidated balance sheets. As of June 30, 2015 , such liabilities aggregated approximately $79.3 million and are payable as follows: $68.7 million in 2015 , $10.3 million in 2016 and $0.3 million in 2017 . The estimated amounts payable under programming license agreements related to films that are not available for exhibition until some future date, including the rights to exhibit films that have been released theatrically under the Sony and Disney agreements, which have not been accrued as of June 30, 2015 , are as follows: $78.6 million in 2015 ; $213.3 million in 2016 ; $115.0 million in 2017 ; $104.8 million in 2018 ; $89.6 million in 2019 and $166.9 million thereafter. Starz, LLC is also obligated to pay fees for films that have not yet been released in theaters by Sony and Disney. Starz, LLC is unable to estimate the amounts to be paid under these agreements for films that have not yet been released; however, such amounts are expected to be significant. Total amortization of program rights was $144.2 million , $147.3 million , $281.1 million and $293.6 million for the three months ended June 30, 2015 and 2014 and the six months ended June 30, 2015 and 2014 , respectively. These amounts are included in programming costs in the accompanying condensed consolidated statements of operations. Legal Proceedings In the normal course of business, Starz, LLC is subject to lawsuits and other claims. While it is not possible to predict the outcome of these matters, it is the opinion of management, based upon consultation with legal counsel, that the ultimate disposition of known proceedings will not have a material adverse impact on Starz, LLC’s consolidated financial position, results of operations or liquidity.

Other Information

Other Information	6 Months Ended
	Jun. 30, 2015
Other Information [Abstract]
Other Information	Other Information Accrued Liabilities Accrued liabilities consist of the following (in millions) : June 30, December 31, Program rights payable $ 76.7 $ 89.0 Royalties, residuals and participations 70.7 74.6 Participations payable to Weinstein — 59.6 Advertising and marketing 32.0 41.1 Payroll and related costs 18.0 27.5 Other 27.7 35.6 $ 225.1 $ 327.4 Supplemental Disclosure of Cash Flow Information The following table presents the supplemental disclosure of cash flow information (in millions) : Six Months Ended June 30, 2015 2014 Cash paid for interest, net of amounts capitalized $ 21.3 $ 22.1 Cash paid for income taxes $ 69.4 $ 48.2 Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued the Accounting Standards Update (“ASU”) 2014-09 Revenue from Contracts with Customers (Topic 606) . ASU 2014-09 replaces the majority of all U.S. GAAP guidance that currently exists on revenue recognition with a single model to be applied to all contracts with customers. The core principle of ASU 2014-09 is that “an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.” For a public entity, ASU 2014-09 is now effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early application is permitted, but not before annual periods beginning after December 15, 2016. An entity must apply ASU 2014-09 using either the full retrospective approach, by restating all years presented, or the cumulative effect at the date of adoption approach. Starz, LLC is currently assessing the impact that these changes will have on its consolidated financial statements and therefore is unable to quantify such impact or determine the method of adoption. In April 2015, the FASB issued ASU 2015-03 Interest-Imputation of Interest (Subtopic 835-30), Simplifying the Presentation of Debt Issuance Costs . ASU 2015-03 requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in ASU 2015-03. For a public entity, ASU 2015-03 is effective for annual reporting periods beginning after December 15, 2015, including interim periods within that reporting period. Early adoption is permitted for financial statements that have not been previously issued. As of June 30, 2015, Starz, LLC had $13.4 million of debt issuance costs which are included in other assets, net in the accompanying condensed consolidated balance sheets.

Information about Operating Seg

Information about Operating Segments	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Information about Operating Segments	Information about Operating Segments Starz, LLC is primarily engaged in video programming and development, production, acquisition and distribution of entertainment content. Starz, LLC evaluates performance and makes decisions about allocating resources to its operating segments based on financial measures such as Adjusted OIBDA. Adjusted OIBDA is defined as revenue less programming costs, production and acquisition costs, home video cost of sales, operating expenses and selling, general and administrative expenses, but excluding all stock compensation expense. Starz, LLC’s chief operating decision maker uses this measure of performance in conjunction with other measures to evaluate the operating segments’ performance and make decisions about allocating resources among the operating segments. Starz, LLC believes Adjusted OIBDA is an important indicator of the operational strength and performance of its operating segments, including each operating segment’s ability to assist Starz, LLC in servicing its debt and to fund investments in films and television programs. In addition, this measure allows management to view operating results and perform analytical comparisons and benchmarking between operating segments and identify strategies to improve performance. This measure of performance excludes stock compensation and depreciation and amortization that are included in the measurement of operating income pursuant to GAAP. Accordingly, Adjusted OIBDA should be considered in addition to, but not as a substitute for, operating income, income before income taxes, net income, net cash provided by (used in) operating activities and other measures of financial performance prepared in accordance with GAAP. The following table provides a reconciliation of Adjusted OIBDA to income before income taxes (in millions) : Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Consolidated Adjusted OIBDA $ 123.4 $ 117.4 $ 278.9 $ 243.6 Stock compensation (8.1 ) (7.5 ) (16.4 ) (15.3 ) Depreciation and amortization (4.8 ) (5.1 ) (9.5 ) (10.0 ) Interest expense, net of amounts capitalized (11.3 ) (11.8 ) (22.5 ) (23.3 ) Other income (expense), net (2.1 ) 11.0 (4.3 ) 11.5 Income before income taxes $ 97.1 $ 104.0 $ 226.2 $ 206.5 Starz, LLC’s reportable segments are strategic business units that offer different services. They are managed separately because each segment requires different technologies, content delivery methods and marketing strategies. Starz, LLC identifies its reportable segments as those operating segments that represent 10% or more of its consolidated annual revenue, annual Adjusted OIBDA or total assets. Starz Networks and Starz Distribution have been identified as reportable segments; however, as Starz, LLC has three operating segments, Starz Animation is also reported. Starz, LLC generally accounts for intersegment sales and transfers as if the sales or transfers were to third parties, that is, at current prices. Performance Measures (in millions) : Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Revenue: Starz Networks $ 333.3 $ 328.2 $ 667.3 $ 652.2 Starz Distribution 78.4 75.1 188.1 162.4 Starz Animation 6.5 7.2 13.8 16.1 Inter-segment eliminations (0.5 ) (0.4 ) (0.8 ) (0.6 ) Total revenue $ 417.7 $ 410.1 $ 868.4 $ 830.1 Adjusted OIBDA: Starz Networks $ 122.2 $ 121.8 $ 251.9 $ 235.8 Starz Distribution 2.0 (3.8 ) 28.4 8.9 Starz Animation (0.7 ) (0.8 ) (1.3 ) (1.4 ) Inter-segment eliminations (0.1 ) 0.2 (0.1 ) 0.3 Total Adjusted OIBDA $ 123.4 $ 117.4 $ 278.9 $ 243.6 Other Information (in millions) : Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Cash paid for investment in films and television programs: Starz Networks $ 71.2 $ 60.1 $ 140.3 $ 115.6 Starz Distribution 53.7 40.9 93.3 64.9 Starz Animation — — — — Inter-segment eliminations — — — — Total cash paid for investment in films and television programs $ 124.9 $ 101.0 $ 233.6 $ 180.5 June 30, December 31, Total assets: Starz Networks $ 1,547.9 $ 1,357.4 Starz Distribution 208.1 174.1 Starz Animation 1.9 2.4 Other unallocated assets (primarily cash, deferred taxes and other assets, including a commercial lease for Starz’s corporate headquarters facility) 100.5 101.9 Inter-segment eliminations (175.7 ) (62.6 ) Total assets $ 1,682.7 $ 1,573.2

Supplemental Guarantor Condense

Supplemental Guarantor Condensed Consolidating Financial Information	6 Months Ended
	Jun. 30, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Supplemental Guarantor Condensed Consolidating Financial Information	Supplemental Guarantor Condensed Consolidating Financial Information As discussed in Note 2, Starz, LLC and Starz Finance Corp. co-issued the Senior Notes which are fully and unconditionally guaranteed by Starz Entertainment. Starz Media, Film Roman and other immaterial subsidiaries of Starz, LLC (“Starz Media and Other Businesses”) are not guarantors of the Senior Notes. The following tables set forth the consolidating financial information of Starz, LLC, which includes the financial information of Starz Entertainment, the guarantor: Consolidating Balance Sheet Information – As of June 30, 2015 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Assets Current assets: Cash and cash equivalents $ 14.2 $ 0.4 $ 5.7 $ — $ 20.3 Trade accounts receivable, net 215.6 — 53.8 — 269.4 Program rights, net 373.9 — — (1.1 ) 372.8 Deferred income taxes 0.3 0.6 — — 0.9 Notes receivable from affiliates 155.7 — — (155.7 ) — Other current assets 29.7 13.1 12.3 — 55.1 Total current assets 789.4 14.1 71.8 (156.8 ) 718.5 Program rights 315.3 — — (5.5 ) 309.8 Investment in films and television programs, net 215.0 — 90.9 — 305.9 Property and equipment, net 45.2 41.1 0.5 — 86.8 Deferred income taxes — 17.5 — — 17.5 Goodwill 131.8 — — — 131.8 Other assets, net 51.2 13.4 61.2 (13.4 ) 112.4 Investment in consolidated subsidiaries — 2,017.3 — (2,017.3 ) — Total assets $ 1,547.9 $ 2,103.4 $ 224.4 $ (2,193.0 ) $ 1,682.7 Liabilities and Member’s Interest (Deficit) and Noncontrolling Interest Current liabilities: Current portion of debt $ 4.8 $ 0.6 $ — $ — $ 5.4 Trade accounts payable 3.7 — 1.7 — 5.4 Accrued liabilities 162.1 12.5 61.3 (10.8 ) 225.1 Notes payable due to affiliate — — 155.7 (155.7 ) — Due to (from) affiliates (720.0 ) 703.9 16.1 — — Deferred revenue — — 14.9 — 14.9 Total current liabilities (549.4 ) 717.0 249.7 (166.5 ) 250.8 Debt 1,202.3 1,226.1 — (1,183.2 ) 1,245.2 Deferred income taxes 21.8 (20.9 ) — (0.9 ) — Other liabilities 4.1 — 6.8 (5.4 ) 5.5 Total liabilities 678.8 1,922.2 256.5 (1,356.0 ) 1,501.5 Member’s interest (deficit) 869.1 188.9 (32.1 ) (837.0 ) 188.9 Noncontrolling interest in subsidiary — (7.7 ) — — (7.7 ) Total member’s interest (deficit) and noncontrolling interest 869.1 181.2 (32.1 ) (837.0 ) 181.2 Total liabilities and member’s interest (deficit) and noncontrolling interest $ 1,547.9 $ 2,103.4 $ 224.4 $ (2,193.0 ) $ 1,682.7 Consolidating Balance Sheet Information – As of December 31, 2014 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Assets Current assets: Cash and cash equivalents $ 8.7 $ 0.3 $ 4.4 $ — $ 13.4 Trade accounts receivable, net 224.3 — 24.8 — 249.1 Program rights, net 304.4 — — (0.9 ) 303.5 Deferred income taxes 0.3 0.6 — — 0.9 Notes receivable from affiliates 45.9 — — (45.9 ) — Other current assets 26.9 29.9 13.3 — 70.1 Total current assets 610.5 30.8 42.5 (46.8 ) 637.0 Program rights 317.2 — — (5.9 ) 311.3 Investment in films and television programs, net 202.7 — 116.8 — 319.5 Property and equipment, net 47.4 41.9 0.5 — 89.8 Goodwill 131.8 — — — 131.8 Other assets, net 47.8 9.9 36.0 (9.9 ) 83.8 Investment in consolidated subsidiaries — 1,820.9 — (1,820.9 ) — Total assets $ 1,357.4 $ 1,903.5 $ 195.8 $ (1,883.5 ) $ 1,573.2 Liabilities and Member’s Interest (Deficit) and Noncontrolling Interest Current liabilities: Current portion of debt $ 4.7 $ 0.6 $ — $ — $ 5.3 Trade accounts payable 7.8 — 2.3 — 10.1 Accrued liabilities 171.0 18.3 148.9 (10.8 ) 327.4 Notes payable due to affiliate — — 45.9 (45.9 ) — Due to (from) affiliates (742.7 ) 730.1 12.6 — — Deferred revenue — — 7.4 — 7.4 Total current liabilities (559.2 ) 749.0 217.1 (56.7 ) 350.2 Debt 1,131.1 1,152.6 — (1,109.5 ) 1,174.2 Deferred income taxes 31.7 (37.9 ) — 7.3 1.1 Other liabilities 6.0 — 7.2 (5.3 ) 7.9 Total liabilities 609.6 1,863.7 224.3 (1,164.2 ) 1,533.4 Member’s interest (deficit) 747.8 48.5 (28.5 ) (719.3 ) 48.5 Noncontrolling interest in subsidiary — (8.7 ) — — (8.7 ) Total member’s interest (deficit) and noncontrolling interest 747.8 39.8 (28.5 ) (719.3 ) 39.8 Total liabilities and member’s interest (deficit) and noncontrolling interest $ 1,357.4 $ 1,903.5 $ 195.8 $ (1,883.5 ) $ 1,573.2 Consolidating Statement of Operations Information – For the Three Months Ended June 30, 2015 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Revenue: Programming networks and other services $ 340.9 $ — $ 41.5 $ (2.1 ) $ 380.3 Home video net sales 6.4 — 32.3 (1.3 ) 37.4 Total revenue 347.3 — 73.8 (3.4 ) 417.7 Costs and expenses: Programming (including amortization) 154.8 — — (0.3 ) 154.5 Production and acquisition (including amortization) 7.1 — 42.9 — 50.0 Home video cost of sales 3.4 — 7.9 (1.3 ) 10.0 Operating 6.5 — 7.5 (1.6 ) 12.4 Selling, general and administrative 58.0 2.3 15.2 — 75.5 Depreciation and amortization 4.0 0.3 0.5 — 4.8 Total costs and expenses 233.8 2.6 74.0 (3.2 ) 307.2 Operating income (loss) 113.5 (2.6 ) (0.2 ) (0.2 ) 110.5 Other income (expense): Interest expense, net of amounts capitalized (10.5 ) (12.6 ) — 11.8 (11.3 ) Interest income (expense), related party 2.8 — (2.8 ) — — Other income (expense), net 0.8 — (2.9 ) — (2.1 ) Income (loss) before income taxes and share of earnings of consolidated subsidiaries 106.6 (15.2 ) (5.9 ) 11.6 97.1 Income tax benefit (expense) (37.8 ) 8.0 (0.2 ) (4.1 ) (34.1 ) Share of earnings of consolidated subsidiaries, net of taxes — 70.2 — (70.2 ) — Net income (loss) 68.8 63.0 (6.1 ) (62.7 ) 63.0 Net loss attributable to noncontrolling interest — 0.4 — — 0.4 Net income (loss) attributable to member $ 68.8 $ 63.4 $ (6.1 ) $ (62.7 ) $ 63.4 Consolidating Statement of Comprehensive Income (Loss) Information – For the Three Months Ended June 30, 2015 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Net income (loss) $ 68.8 $ 63.0 $ (6.1 ) $ (62.7 ) $ 63.0 Other comprehensive loss, net of taxes - Foreign currency translation adjustments — (0.1 ) (0.1 ) 0.1 (0.1 ) Comprehensive income (loss) 68.8 62.9 (6.2 ) (62.6 ) 62.9 Comprehensive loss attributable to noncontrolling interest — 0.5 — — 0.5 Comprehensive income (loss) attributable to member $ 68.8 $ 63.4 $ (6.2 ) $ (62.6 ) $ 63.4 Consolidating Statement of Operations Information – For the Three Months Ended June 30, 2014 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Revenue: Programming networks and other services $ 337.3 $ — $ 36.9 $ (2.2 ) $ 372.0 Home video net sales 3.9 — 35.0 (0.8 ) 38.1 Total revenue 341.2 — 71.9 (3.0 ) 410.1 Costs and expenses: Programming (including amortization) 159.1 — — (0.4 ) 158.7 Production and acquisition (including amortization) 7.1 — 42.8 — 49.9 Home video cost of sales 2.9 — 7.6 (0.8 ) 9.7 Operating 6.1 — 8.4 (1.9 ) 12.6 Selling, general and administrative 50.8 1.7 16.8 — 69.3 Depreciation and amortization 3.9 0.4 0.8 — 5.1 Total costs and expenses 229.9 2.1 76.4 (3.1 ) 305.3 Operating income (loss) 111.3 (2.1 ) (4.5 ) 0.1 104.8 Other income (expense): Interest expense, net of amounts capitalized (11.0 ) (12.1 ) — 11.3 (11.8 ) Interest income (expense), related party 0.3 — (0.3 ) — — Other income (expense), net — (0.1 ) 11.1 — 11.0 Income (loss) before income taxes and share of earnings of consolidated subsidiaries 100.6 (14.3 ) 6.3 11.4 104.0 Income tax benefit (expense) (34.3 ) 4.1 (0.8 ) (4.0 ) (35.0 ) Share of earnings of consolidated subsidiaries, net of taxes — 79.2 — (79.2 ) — Net income 66.3 69.0 5.5 (71.8 ) 69.0 Net loss attributable to noncontrolling interest — 1.1 — — 1.1 Net income attributable to member $ 66.3 $ 70.1 $ 5.5 $ (71.8 ) $ 70.1 Consolidating Statement of Comprehensive Income Information – For the Three Months Ended June 30, 2014 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Net income $ 66.3 $ 69.0 $ 5.5 $ (71.8 ) $ 69.0 Other comprehensive income, net of taxes - Foreign currency translation adjustments — 0.1 0.1 (0.1 ) 0.1 Comprehensive income 66.3 69.1 5.6 (71.9 ) 69.1 Comprehensive loss attributable to noncontrolling interest — 1.1 — — 1.1 Comprehensive income attributable to member $ 66.3 $ 70.2 $ 5.6 $ (71.9 ) $ 70.2 Consolidating Statement of Operations Information – For the Six Months Ended June 30, 2015 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Revenue: Programming networks and other services $ 725.3 $ — $ 83.2 $ (12.4 ) $ 796.1 Home video net sales 10.0 — 64.3 (2.0 ) 72.3 Total revenue 735.3 — 147.5 (14.4 ) 868.4 Costs and expenses: Programming (including amortization) 301.1 — — (0.6 ) 300.5 Production and acquisition (including amortization) 27.9 — 78.7 — 106.6 Home video cost of sales 6.1 — 16.3 (2.0 ) 20.4 Operating 21.6 — 15.7 (11.6 ) 25.7 Selling, general and administrative 118.6 4.2 29.9 — 152.7 Depreciation and amortization 7.9 0.7 0.9 — 9.5 Total costs and expenses 483.2 4.9 141.5 (14.2 ) 615.4 Operating income (loss) 252.1 (4.9 ) 6.0 (0.2 ) 253.0 Other income (expense): Interest expense, net of amounts capitalized (21.2 ) (24.9 ) — 23.6 (22.5 ) Interest income (expense), related party 4.5 — (4.5 ) — — Other expense, net — — (4.6 ) 0.3 (4.3 ) Income (loss) before income taxes and share of earnings of consolidated subsidiaries 235.4 (29.8 ) (3.1 ) 23.7 226.2 Income tax benefit (expense) (81.5 ) 13.1 (0.4 ) (8.3 ) (77.1 ) Share of earnings of consolidated subsidiaries, net of taxes — 165.8 — (165.8 ) — Net income (loss) 153.9 149.1 (3.5 ) (150.4 ) 149.1 Net income attributable to noncontrolling interest — (1.1 ) — — (1.1 ) Net income (loss) attributable to member $ 153.9 $ 148.0 $ (3.5 ) $ (150.4 ) $ 148.0 Consolidating Statement of Comprehensive Income (loss) Information – For the Six Months Ended June 30, 2015 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Net income (loss) $ 153.9 $ 149.1 $ (3.5 ) $ (150.4 ) $ 149.1 Other comprehensive income, net of taxes - Foreign currency translation adjustments — 0.6 0.6 (0.6 ) 0.6 Comprehensive income (loss) 153.9 149.7 (2.9 ) (151.0 ) 149.7 Comprehensive income attributable to noncontrolling interest — (1.2 ) — — (1.2 ) Comprehensive income (loss) attributable to member $ 153.9 $ 148.5 $ (2.9 ) $ (151.0 ) $ 148.5 Consolidating Statement of Operations Information – For the Six Months Ended June 30, 2014 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Revenue: Programming networks and other services $ 671.8 $ — $ 68.0 $ (4.5 ) $ 735.3 Home video net sales 7.8 — 88.6 (1.6 ) 94.8 Total revenue 679.6 — 156.6 (6.1 ) 830.1 Costs and expenses: Programming (including amortization) 316.4 — — (0.8 ) 315.6 Production and acquisition (including amortization) 13.0 — 77.8 — 90.8 Home video cost of sales 5.6 — 18.7 (1.6 ) 22.7 Operating 12.7 — 18.0 (4.0 ) 26.7 Selling, general and administrative 106.5 3.4 36.1 — 146.0 Depreciation and amortization 7.7 0.7 1.6 — 10.0 Total costs and expenses 461.9 4.1 152.2 (6.4 ) 611.8 Operating income (loss) 217.7 (4.1 ) 4.4 0.3 218.3 Other income (expense): Interest expense, net of amounts capitalized (21.8 ) (24.0 ) — 22.5 (23.3 ) Interest income (expense), related party 0.5 — (0.5 ) — — Other income (loss), net 0.4 (0.1 ) 11.2 — 11.5 Income (loss) before income taxes and share of earnings of consolidated subsidiaries 196.8 (28.2 ) 15.1 22.8 206.5 Income tax benefit (expense) (67.4 ) 7.3 (2.6 ) (8.0 ) (70.7 ) Share of earnings of consolidated subsidiaries, net of taxes — 156.7 — (156.7 ) — Net income 129.4 135.8 12.5 (141.9 ) 135.8 Net income attributable to noncontrolling interest — (0.8 ) — — (0.8 ) Net income attributable to member $ 129.4 $ 135.0 $ 12.5 $ (141.9 ) $ 135.0 Consolidating Statement of Comprehensive Income Information – For the Six Months Ended June 30, 2014 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Net income $ 129.4 $ 135.8 $ 12.5 $ (141.9 ) $ 135.8 Other comprehensive loss, net of taxes - Foreign currency translation adjustments — (0.1 ) (0.1 ) 0.1 (0.1 ) Comprehensive income 129.4 135.7 12.4 (141.8 ) 135.7 Comprehensive income attributable to noncontrolling interest — (0.8 ) — — (0.8 ) Comprehensive income attributable to member $ 129.4 $ 134.9 $ 12.4 $ (141.8 ) $ 134.9 Consolidating Statement of Cash Flows’ Information – For the Six Months Ended June 30, 2015 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Operating activities: Net income (loss) $ 153.9 $ 149.1 $ (3.5 ) $ (150.4 ) $ 149.1 Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: Depreciation and amortization 7.9 0.7 0.9 — 9.5 Amortization of program rights 281.7 — — (0.6 ) 281.1 Program rights payments (254.0 ) — — 0.5 (253.5 ) Amortization of investment in films and television programs 22.3 — 57.8 — 80.1 Investment in films and television programs (140.2 ) — (93.4 ) — (233.6 ) Stock compensation 14.7 0.4 1.3 — 16.4 Share of earnings of consolidated subsidiaries — (165.8 ) — 165.8 — Deferred income taxes (9.9 ) (0.5 ) — 0.2 (10.2 ) Other non-operating and non-cash items 2.5 1.3 (9.8 ) (1.2 ) (7.2 ) Changes in assets and liabilities: Current and other assets 4.8 16.8 (45.7 ) 0.8 (23.3 ) Due to / from affiliates (26.9 ) 22.7 4.2 — — Payables and other liabilities 17.5 (19.3 ) (17.5 ) (15.1 ) (34.4 ) Net cash provided by (used in) operating activities 74.3 5.4 (105.7 ) — (26.0 ) Investing activities – purchases of property and equipment (5.7 ) — (0.1 ) — (5.8 ) Financing activities: Borrowings of debt — 734.0 — — 734.0 Payments of debt (2.3 ) (660.3 ) — — (662.6 ) Debt issuance costs — (5.0 ) — — (5.0 ) Borrowings under notes payable to affiliate (109.0 ) — 109.0 — — Net advances to / from affiliate 48.9 (48.9 ) — — — Contributions from parent related to exercise of stock options — 7.7 — — 7.7 Minimum withholding of taxes related to stock compensation (13.4 ) — (1.9 ) — (15.3 ) Excess tax benefit from stock compensation 12.7 — — — 12.7 Distributions to parent related to repurchases of common stock — (32.8 ) — — (32.8 ) Net cash provided by (used in) financing activities (63.1 ) (5.3 ) 107.1 — 38.7 Net increase in cash and cash equivalents 5.5 0.1 1.3 — 6.9 Cash and cash equivalents: Beginning of period 8.7 0.3 4.4 — 13.4 End of period $ 14.2 $ 0.4 $ 5.7 $ — $ 20.3 Supplemental disclosure of cash flow information: Cash paid for interest, net of amounts capitalized $ (6.1 ) $ 23.7 $ 3.7 $ — $ 21.3 Cash paid for income taxes $ 78.7 $ (9.6 ) $ 0.3 $ — $ 69.4 Consolidating Statement of Cash Flows’ Information – For the Six Months Ended June 30, 2014 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Operating activities: Net income $ 129.4 $ 135.8 $ 12.5 $ (141.9 ) $ 135.8 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Depreciation and amortization 7.7 0.7 1.6 — 10.0 Amortization of program rights 294.4 — — (0.8 ) 293.6 Program rights payments (239.0 ) — — 1.2 (237.8 ) Amortization of investment in films and television programs 14.1 — 61.5 — 75.6 Investment in films and television programs (117.1 ) — (63.4 ) — (180.5 ) Stock compensation 13.7 0.6 1.0 — 15.3 Share of earnings of consolidated subsidiaries — (156.7 ) — 156.7 — Deferred income taxes (12.6 ) 6.1 — — (6.5 ) Other non-operating and non-cash items 1.7 1.3 (14.1 ) (1.3 ) (12.4 ) Changes in assets and liabilities: Current and other assets (17.9 ) 18.6 25.7 (0.8 ) 25.6 Due to / from affiliates 5.8 2.6 (8.4 ) — — Payables and other liabilities 3.6 (8.8 ) (40.4 ) (13.1 ) (58.7 ) Net cash provided by (used in) operating activities 83.8 0.2 (24.0 ) — 60.0 Investing activities: Purchases of property and equipment (3.2 ) — — — (3.2 ) Cash received from equity investee — — 10.7 — 10.7 Net cash provided by (used in) investing activities (3.2 ) — 10.7 — 7.5 Financing activities: Borrowings of debt — 208.5 — — 208.5 Payments of debt (2.2 ) (150.2 ) — — (152.4 ) Borrowings under notes payable to affiliate (48.8 ) — 48.8 — — Payments under notes payable to affiliate 35.7 — (35.7 ) — — Net advances to / from affiliate (75.6 ) 75.6 — — — Contributions from parent related to exercise of stock options — 2.5 0.1 — 2.6 Minimum withholding of taxes related to stock compensation (7.5 ) — (1.1 ) — (8.6 ) Excess tax benefit from stock compensation 6.2 — — — 6.2 Distributions to parent related to repurchases of common stock — (136.6 ) — — (136.6 ) Net cash provided by (used in) financing activities (92.2 ) (0.2 ) 12.1 — (80.3 ) Net decrease in cash and cash equivalents (11.6 ) — (1.2 ) — (12.8 ) Cash and cash equivalents: Beginning of period 20.8 0.4 4.5 — 25.7 End of period $ 9.2 $ 0.4 $ 3.3 $ — $ 12.9 Supplemental disclosure of cash flow information: Cash paid for interest, net of amounts capitalized $ (1.3 ) $ 22.8 $ 0.6 $ — $ 22.1 Cash paid for income taxes $ 72.9 $ (24.4 ) $ (0.3 ) $ — $ 48.2

Basis of Presentation and Des17

Basis of Presentation and Description of Business (Policies)	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Starz, LLC considers amortization of program rights, the development of the remaining unrecognized revenue (also known as “Ultimate Revenue”) estimates associated with released films, the assessment of investment in films and television programs for impairment, the fair value of goodwill and any related impairment, valuation allowances associated with deferred income taxes and allowances for sales returns to be its most significant estimates. Actual results may differ from those estimates.
Prior Period Reclassifications	Prior Period Reclassifications Certain prior period amounts have been reclassified for comparability with the 2015 presentation.

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of Debt	Debt consists of the following (in millions) : June 30, December 31, 2015 Credit Agreement (a) $ 506.0 $ — 2011 Credit Agreement (b) — 432.0 Senior Notes, including premium of $2.2 and $2.5 (c) 677.2 677.5 Capital leases (d) 67.4 70.0 Total debt 1,250.6 1,179.5 Less current portion of debt (5.4 ) (5.3 ) Debt $ 1,245.2 $ 1,174.2 (a) On April 20, 2015, Starz, LLC entered into a credit agreement (“2015 Credit Agreement”) that provides for $1,000.0 million in revolving loans with a $50.0 million sub-limit for stand-by letters of credit. Net proceeds from the 2015 Credit Agreement were used to repay and terminate the 2011 Credit Agreement (as defined below). Borrowings under the 2015 Credit Agreement may be prepaid at any time and from time to time without penalty other than customary breakage costs. Any amounts prepaid on the 2015 Credit Agreement may be reborrowed. The 2015 Credit Agreement is scheduled to mature on April 20, 2020. As of June 30, 2015 , Starz, LLC had $494.0 million of borrowing capacity under the 2015 Credit Agreement. Interest on each loan under the 2015 Credit Agreement is payable at either an alternate base rate or LIBOR at Starz, LLC’s election. Borrowings that are alternate base rate loans bear interest at a per annum rate equal to the alternate base rate plus a margin that varies between 0.50% and 1.25% depending on the consolidated leverage ratio of Starz, LLC, as defined in the 2015 Credit Agreement. The alternate base rate is the highest of (a) the Prime Rate, (b) the Federal Funds Effective Rate plus ½ of 1% or (c) LIBOR for a one -month interest period plus 1% . Borrowings that are LIBOR loans bear interest at a per annum rate equal to the applicable LIBOR plus a margin that varies between 1.50% and 2.25% depending on the consolidated leverage ratio of Starz, LLC. The 2015 Credit Agreement requires Starz, LLC to pay a commitment fee on any unused portion. The commitment fee varies between 0.25% and 0.40% , depending on the consolidated leverage ratio of Starz, LLC. As of June 30, 2015 , the following borrowings and related LIBOR or alternate base rate interest rates were outstanding under the 2015 Credit Agreement (dollars in millions) : LIBOR or alternate base rate period: Interest Rate Loan Amount June 2015 to July 2015 1.9341% $ 95.0 June 2015 to July 2015 1.9375% 371.0 June 2015 to July 2015 1.9360% 11.0 June 2015 and forward 4.0000% 29.0 $ 506.0 The 2015 Credit Agreement contains certain covenants that include restrictions on, among others, incurring additional debt, paying dividends, entering into liens or guarantees, or making certain distributions, investments and other restricted payments. In addition, Starz, LLC must comply with certain financial covenants, including a consolidated leverage ratio, as defined in the 2015 Credit Agreement. As of June 30, 2015 , Starz, LLC was in compliance with all covenants under the 2015 Credit Agreement. (b) On November 16, 2011, Starz, LLC entered into a credit agreement (“2011 Credit Agreement”) that provided for $1,000.0 million of revolving loans and a $50.0 million sub-limit for standby letters of credit with a maturity date of November 16, 2016. On April 20, 2015, Starz, LLC repaid and terminated the 2011 Credit Agreement using borrowings under the 2015 Credit Agreement. (c) Starz, LLC and Starz Finance Corp., a wholly-owned subsidiary, co-issued $675.0 million aggregate principal amount of 5.0% senior notes due September 15, 2019 (“Senior Notes”). The Senior Notes bear interest at a rate of 5.0% payable semi-annually on September 15 and March 15 of each year and are guaranteed by Starz Entertainment. The Senior Notes contain certain covenants that include restrictions on, among others, incurring additional debt, paying dividends, entering into liens and guarantees, or making certain distributions, investments and other restricted payments. As of June 30, 2015 , Starz, LLC was in compliance with all covenants under the Senior Notes. (d) On January 11, 2013, Starz, LLC entered into a commercial lease for its headquarters building. The term of the lease is ten years, with four successive five -year renewal periods at the option of Starz, LLC. Starz, LLC has recorded a $44.8 million capital lease in connection with this lease agreement with an imputed annual interest rate of 6.4% . Starz Entertainment has entered into capital lease agreements for its transponder capacity. The agreements expire during 2018 to 2021 and have imputed annual interest rates ranging from 5.5% to 7.0% .

Stock Options and Restricted 19

Stock Options and Restricted Stock (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]	Stock compensation expense, by expense category, consists of the following (in millions): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Programming costs $ 0.7 $ 0.3 $ 1.3 $ 1.0 Operating expenses 0.1 — 0.2 0.1 Selling, general and administrative expenses 7.3 7.2 14.9 14.2 Total stock compensation expense $ 8.1 $ 7.5 $ 16.4 $ 15.3
Schedule of Share-based Compensation, Stock Options, Activity	The following table presents the number and weighted average exercise price (“WAEP”) of stock options to purchase Starz common stock: Options WAEP Outstanding at December 31, 2014 13,688,570 $ 18.32 Granted 48,540 $ 34.19 Exercised (1,924,218 ) $ 14.37 Forfeited (436,339 ) $ 21.86 Expired/canceled — $ — Outstanding at June 30, 2015 11,376,553 $ 18.92 Exercisable at June 30, 2015 4,172,914 $ 14.28
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]	The following table presents the number and weighted-average grant date fair value of restricted stock grants: Restricted Stock Weighted Average Grant-Date Fair Value Outstanding at December 31, 2014 454,595 $ 26.45 Granted 10,028 $ 39.49 Vested (51,615 ) $ 19.18 Forfeited (19,168 ) $ 29.02 Outstanding at June 30, 2015 393,840 $ 27.59

Other Information (Tables)

Other Information (Tables)	6 Months Ended
	Jun. 30, 2015
Other Information [Abstract]
Schedule of Accrued Liabilities	Accrued liabilities consist of the following (in millions) : June 30, December 31, Program rights payable $ 76.7 $ 89.0 Royalties, residuals and participations 70.7 74.6 Participations payable to Weinstein — 59.6 Advertising and marketing 32.0 41.1 Payroll and related costs 18.0 27.5 Other 27.7 35.6 $ 225.1 $ 327.4
Schedule of Cash Flow, Supplemental Disclosures	The following table presents the supplemental disclosure of cash flow information (in millions) : Six Months Ended June 30, 2015 2014 Cash paid for interest, net of amounts capitalized $ 21.3 $ 22.1 Cash paid for income taxes $ 69.4 $ 48.2

Information about Operating S21

Information about Operating Segments (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated	The following table provides a reconciliation of Adjusted OIBDA to income before income taxes (in millions) : Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Consolidated Adjusted OIBDA $ 123.4 $ 117.4 $ 278.9 $ 243.6 Stock compensation (8.1 ) (7.5 ) (16.4 ) (15.3 ) Depreciation and amortization (4.8 ) (5.1 ) (9.5 ) (10.0 ) Interest expense, net of amounts capitalized (11.3 ) (11.8 ) (22.5 ) (23.3 ) Other income (expense), net (2.1 ) 11.0 (4.3 ) 11.5 Income before income taxes $ 97.1 $ 104.0 $ 226.2 $ 206.5
Schedule of Segment Reporting Information, by Segment	Performance Measures (in millions) : Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Revenue: Starz Networks $ 333.3 $ 328.2 $ 667.3 $ 652.2 Starz Distribution 78.4 75.1 188.1 162.4 Starz Animation 6.5 7.2 13.8 16.1 Inter-segment eliminations (0.5 ) (0.4 ) (0.8 ) (0.6 ) Total revenue $ 417.7 $ 410.1 $ 868.4 $ 830.1 Adjusted OIBDA: Starz Networks $ 122.2 $ 121.8 $ 251.9 $ 235.8 Starz Distribution 2.0 (3.8 ) 28.4 8.9 Starz Animation (0.7 ) (0.8 ) (1.3 ) (1.4 ) Inter-segment eliminations (0.1 ) 0.2 (0.1 ) 0.3 Total Adjusted OIBDA $ 123.4 $ 117.4 $ 278.9 $ 243.6 Other Information (in millions) : Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Cash paid for investment in films and television programs: Starz Networks $ 71.2 $ 60.1 $ 140.3 $ 115.6 Starz Distribution 53.7 40.9 93.3 64.9 Starz Animation — — — — Inter-segment eliminations — — — — Total cash paid for investment in films and television programs $ 124.9 $ 101.0 $ 233.6 $ 180.5 June 30, December 31, Total assets: Starz Networks $ 1,547.9 $ 1,357.4 Starz Distribution 208.1 174.1 Starz Animation 1.9 2.4 Other unallocated assets (primarily cash, deferred taxes and other assets, including a commercial lease for Starz’s corporate headquarters facility) 100.5 101.9 Inter-segment eliminations (175.7 ) (62.6 ) Total assets $ 1,682.7 $ 1,573.2

Supplemental Guarantor Conden22

Supplemental Guarantor Condensed Consolidating Financial Information (Tables)	6 Months Ended
	Jun. 30, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Schedule of Condensed Balance Sheet	The following tables set forth the consolidating financial information of Starz, LLC, which includes the financial information of Starz Entertainment, the guarantor: Consolidating Balance Sheet Information – As of June 30, 2015 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Assets Current assets: Cash and cash equivalents $ 14.2 $ 0.4 $ 5.7 $ — $ 20.3 Trade accounts receivable, net 215.6 — 53.8 — 269.4 Program rights, net 373.9 — — (1.1 ) 372.8 Deferred income taxes 0.3 0.6 — — 0.9 Notes receivable from affiliates 155.7 — — (155.7 ) — Other current assets 29.7 13.1 12.3 — 55.1 Total current assets 789.4 14.1 71.8 (156.8 ) 718.5 Program rights 315.3 — — (5.5 ) 309.8 Investment in films and television programs, net 215.0 — 90.9 — 305.9 Property and equipment, net 45.2 41.1 0.5 — 86.8 Deferred income taxes — 17.5 — — 17.5 Goodwill 131.8 — — — 131.8 Other assets, net 51.2 13.4 61.2 (13.4 ) 112.4 Investment in consolidated subsidiaries — 2,017.3 — (2,017.3 ) — Total assets $ 1,547.9 $ 2,103.4 $ 224.4 $ (2,193.0 ) $ 1,682.7 Liabilities and Member’s Interest (Deficit) and Noncontrolling Interest Current liabilities: Current portion of debt $ 4.8 $ 0.6 $ — $ — $ 5.4 Trade accounts payable 3.7 — 1.7 — 5.4 Accrued liabilities 162.1 12.5 61.3 (10.8 ) 225.1 Notes payable due to affiliate — — 155.7 (155.7 ) — Due to (from) affiliates (720.0 ) 703.9 16.1 — — Deferred revenue — — 14.9 — 14.9 Total current liabilities (549.4 ) 717.0 249.7 (166.5 ) 250.8 Debt 1,202.3 1,226.1 — (1,183.2 ) 1,245.2 Deferred income taxes 21.8 (20.9 ) — (0.9 ) — Other liabilities 4.1 — 6.8 (5.4 ) 5.5 Total liabilities 678.8 1,922.2 256.5 (1,356.0 ) 1,501.5 Member’s interest (deficit) 869.1 188.9 (32.1 ) (837.0 ) 188.9 Noncontrolling interest in subsidiary — (7.7 ) — — (7.7 ) Total member’s interest (deficit) and noncontrolling interest 869.1 181.2 (32.1 ) (837.0 ) 181.2 Total liabilities and member’s interest (deficit) and noncontrolling interest $ 1,547.9 $ 2,103.4 $ 224.4 $ (2,193.0 ) $ 1,682.7 Consolidating Balance Sheet Information – As of December 31, 2014 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Assets Current assets: Cash and cash equivalents $ 8.7 $ 0.3 $ 4.4 $ — $ 13.4 Trade accounts receivable, net 224.3 — 24.8 — 249.1 Program rights, net 304.4 — — (0.9 ) 303.5 Deferred income taxes 0.3 0.6 — — 0.9 Notes receivable from affiliates 45.9 — — (45.9 ) — Other current assets 26.9 29.9 13.3 — 70.1 Total current assets 610.5 30.8 42.5 (46.8 ) 637.0 Program rights 317.2 — — (5.9 ) 311.3 Investment in films and television programs, net 202.7 — 116.8 — 319.5 Property and equipment, net 47.4 41.9 0.5 — 89.8 Goodwill 131.8 — — — 131.8 Other assets, net 47.8 9.9 36.0 (9.9 ) 83.8 Investment in consolidated subsidiaries — 1,820.9 — (1,820.9 ) — Total assets $ 1,357.4 $ 1,903.5 $ 195.8 $ (1,883.5 ) $ 1,573.2 Liabilities and Member’s Interest (Deficit) and Noncontrolling Interest Current liabilities: Current portion of debt $ 4.7 $ 0.6 $ — $ — $ 5.3 Trade accounts payable 7.8 — 2.3 — 10.1 Accrued liabilities 171.0 18.3 148.9 (10.8 ) 327.4 Notes payable due to affiliate — — 45.9 (45.9 ) — Due to (from) affiliates (742.7 ) 730.1 12.6 — — Deferred revenue — — 7.4 — 7.4 Total current liabilities (559.2 ) 749.0 217.1 (56.7 ) 350.2 Debt 1,131.1 1,152.6 — (1,109.5 ) 1,174.2 Deferred income taxes 31.7 (37.9 ) — 7.3 1.1 Other liabilities 6.0 — 7.2 (5.3 ) 7.9 Total liabilities 609.6 1,863.7 224.3 (1,164.2 ) 1,533.4 Member’s interest (deficit) 747.8 48.5 (28.5 ) (719.3 ) 48.5 Noncontrolling interest in subsidiary — (8.7 ) — — (8.7 ) Total member’s interest (deficit) and noncontrolling interest 747.8 39.8 (28.5 ) (719.3 ) 39.8 Total liabilities and member’s interest (deficit) and noncontrolling interest $ 1,357.4 $ 1,903.5 $ 195.8 $ (1,883.5 ) $ 1,573.2
Schedule of Condensed Income Statement	Consolidating Statement of Operations Information – For the Three Months Ended June 30, 2014 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Revenue: Programming networks and other services $ 337.3 $ — $ 36.9 $ (2.2 ) $ 372.0 Home video net sales 3.9 — 35.0 (0.8 ) 38.1 Total revenue 341.2 — 71.9 (3.0 ) 410.1 Costs and expenses: Programming (including amortization) 159.1 — — (0.4 ) 158.7 Production and acquisition (including amortization) 7.1 — 42.8 — 49.9 Home video cost of sales 2.9 — 7.6 (0.8 ) 9.7 Operating 6.1 — 8.4 (1.9 ) 12.6 Selling, general and administrative 50.8 1.7 16.8 — 69.3 Depreciation and amortization 3.9 0.4 0.8 — 5.1 Total costs and expenses 229.9 2.1 76.4 (3.1 ) 305.3 Operating income (loss) 111.3 (2.1 ) (4.5 ) 0.1 104.8 Other income (expense): Interest expense, net of amounts capitalized (11.0 ) (12.1 ) — 11.3 (11.8 ) Interest income (expense), related party 0.3 — (0.3 ) — — Other income (expense), net — (0.1 ) 11.1 — 11.0 Income (loss) before income taxes and share of earnings of consolidated subsidiaries 100.6 (14.3 ) 6.3 11.4 104.0 Income tax benefit (expense) (34.3 ) 4.1 (0.8 ) (4.0 ) (35.0 ) Share of earnings of consolidated subsidiaries, net of taxes — 79.2 — (79.2 ) — Net income 66.3 69.0 5.5 (71.8 ) 69.0 Net loss attributable to noncontrolling interest — 1.1 — — 1.1 Net income attributable to member $ 66.3 $ 70.1 $ 5.5 $ (71.8 ) $ 70.1 Consolidating Statement of Operations Information – For the Six Months Ended June 30, 2014 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Revenue: Programming networks and other services $ 671.8 $ — $ 68.0 $ (4.5 ) $ 735.3 Home video net sales 7.8 — 88.6 (1.6 ) 94.8 Total revenue 679.6 — 156.6 (6.1 ) 830.1 Costs and expenses: Programming (including amortization) 316.4 — — (0.8 ) 315.6 Production and acquisition (including amortization) 13.0 — 77.8 — 90.8 Home video cost of sales 5.6 — 18.7 (1.6 ) 22.7 Operating 12.7 — 18.0 (4.0 ) 26.7 Selling, general and administrative 106.5 3.4 36.1 — 146.0 Depreciation and amortization 7.7 0.7 1.6 — 10.0 Total costs and expenses 461.9 4.1 152.2 (6.4 ) 611.8 Operating income (loss) 217.7 (4.1 ) 4.4 0.3 218.3 Other income (expense): Interest expense, net of amounts capitalized (21.8 ) (24.0 ) — 22.5 (23.3 ) Interest income (expense), related party 0.5 — (0.5 ) — — Other income (loss), net 0.4 (0.1 ) 11.2 — 11.5 Income (loss) before income taxes and share of earnings of consolidated subsidiaries 196.8 (28.2 ) 15.1 22.8 206.5 Income tax benefit (expense) (67.4 ) 7.3 (2.6 ) (8.0 ) (70.7 ) Share of earnings of consolidated subsidiaries, net of taxes — 156.7 — (156.7 ) — Net income 129.4 135.8 12.5 (141.9 ) 135.8 Net income attributable to noncontrolling interest — (0.8 ) — — (0.8 ) Net income attributable to member $ 129.4 $ 135.0 $ 12.5 $ (141.9 ) $ 135.0 Consolidating Statement of Operations Information – For the Six Months Ended June 30, 2015 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Revenue: Programming networks and other services $ 725.3 $ — $ 83.2 $ (12.4 ) $ 796.1 Home video net sales 10.0 — 64.3 (2.0 ) 72.3 Total revenue 735.3 — 147.5 (14.4 ) 868.4 Costs and expenses: Programming (including amortization) 301.1 — — (0.6 ) 300.5 Production and acquisition (including amortization) 27.9 — 78.7 — 106.6 Home video cost of sales 6.1 — 16.3 (2.0 ) 20.4 Operating 21.6 — 15.7 (11.6 ) 25.7 Selling, general and administrative 118.6 4.2 29.9 — 152.7 Depreciation and amortization 7.9 0.7 0.9 — 9.5 Total costs and expenses 483.2 4.9 141.5 (14.2 ) 615.4 Operating income (loss) 252.1 (4.9 ) 6.0 (0.2 ) 253.0 Other income (expense): Interest expense, net of amounts capitalized (21.2 ) (24.9 ) — 23.6 (22.5 ) Interest income (expense), related party 4.5 — (4.5 ) — — Other expense, net — — (4.6 ) 0.3 (4.3 ) Income (loss) before income taxes and share of earnings of consolidated subsidiaries 235.4 (29.8 ) (3.1 ) 23.7 226.2 Income tax benefit (expense) (81.5 ) 13.1 (0.4 ) (8.3 ) (77.1 ) Share of earnings of consolidated subsidiaries, net of taxes — 165.8 — (165.8 ) — Net income (loss) 153.9 149.1 (3.5 ) (150.4 ) 149.1 Net income attributable to noncontrolling interest — (1.1 ) — — (1.1 ) Net income (loss) attributable to member $ 153.9 $ 148.0 $ (3.5 ) $ (150.4 ) $ 148.0
Schedule of Condensed Comprehensive Income (Loss) Statement	Consolidating Statement of Comprehensive Income (loss) Information – For the Six Months Ended June 30, 2015 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Net income (loss) $ 153.9 $ 149.1 $ (3.5 ) $ (150.4 ) $ 149.1 Other comprehensive income, net of taxes - Foreign currency translation adjustments — 0.6 0.6 (0.6 ) 0.6 Comprehensive income (loss) 153.9 149.7 (2.9 ) (151.0 ) 149.7 Comprehensive income attributable to noncontrolling interest — (1.2 ) — — (1.2 ) Comprehensive income (loss) attributable to member $ 153.9 $ 148.5 $ (2.9 ) $ (151.0 ) $ 148.5 Consolidating Statement of Comprehensive Income Information – For the Three Months Ended June 30, 2014 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Net income $ 66.3 $ 69.0 $ 5.5 $ (71.8 ) $ 69.0 Other comprehensive income, net of taxes - Foreign currency translation adjustments — 0.1 0.1 (0.1 ) 0.1 Comprehensive income 66.3 69.1 5.6 (71.9 ) 69.1 Comprehensive loss attributable to noncontrolling interest — 1.1 — — 1.1 Comprehensive income attributable to member $ 66.3 $ 70.2 $ 5.6 $ (71.9 ) $ 70.2 Consolidating Statement of Comprehensive Income Information – For the Six Months Ended June 30, 2014 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Net income $ 129.4 $ 135.8 $ 12.5 $ (141.9 ) $ 135.8 Other comprehensive loss, net of taxes - Foreign currency translation adjustments — (0.1 ) (0.1 ) 0.1 (0.1 ) Comprehensive income 129.4 135.7 12.4 (141.8 ) 135.7 Comprehensive income attributable to noncontrolling interest — (0.8 ) — — (0.8 ) Comprehensive income attributable to member $ 129.4 $ 134.9 $ 12.4 $ (141.8 ) $ 134.9
Schedule of Condensed Cash Flow Statement	Consolidating Statement of Cash Flows’ Information – For the Six Months Ended June 30, 2015 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Operating activities: Net income (loss) $ 153.9 $ 149.1 $ (3.5 ) $ (150.4 ) $ 149.1 Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: Depreciation and amortization 7.9 0.7 0.9 — 9.5 Amortization of program rights 281.7 — — (0.6 ) 281.1 Program rights payments (254.0 ) — — 0.5 (253.5 ) Amortization of investment in films and television programs 22.3 — 57.8 — 80.1 Investment in films and television programs (140.2 ) — (93.4 ) — (233.6 ) Stock compensation 14.7 0.4 1.3 — 16.4 Share of earnings of consolidated subsidiaries — (165.8 ) — 165.8 — Deferred income taxes (9.9 ) (0.5 ) — 0.2 (10.2 ) Other non-operating and non-cash items 2.5 1.3 (9.8 ) (1.2 ) (7.2 ) Changes in assets and liabilities: Current and other assets 4.8 16.8 (45.7 ) 0.8 (23.3 ) Due to / from affiliates (26.9 ) 22.7 4.2 — — Payables and other liabilities 17.5 (19.3 ) (17.5 ) (15.1 ) (34.4 ) Net cash provided by (used in) operating activities 74.3 5.4 (105.7 ) — (26.0 ) Investing activities – purchases of property and equipment (5.7 ) — (0.1 ) — (5.8 ) Financing activities: Borrowings of debt — 734.0 — — 734.0 Payments of debt (2.3 ) (660.3 ) — — (662.6 ) Debt issuance costs — (5.0 ) — — (5.0 ) Borrowings under notes payable to affiliate (109.0 ) — 109.0 — — Net advances to / from affiliate 48.9 (48.9 ) — — — Contributions from parent related to exercise of stock options — 7.7 — — 7.7 Minimum withholding of taxes related to stock compensation (13.4 ) — (1.9 ) — (15.3 ) Excess tax benefit from stock compensation 12.7 — — — 12.7 Distributions to parent related to repurchases of common stock — (32.8 ) — — (32.8 ) Net cash provided by (used in) financing activities (63.1 ) (5.3 ) 107.1 — 38.7 Net increase in cash and cash equivalents 5.5 0.1 1.3 — 6.9 Cash and cash equivalents: Beginning of period 8.7 0.3 4.4 — 13.4 End of period $ 14.2 $ 0.4 $ 5.7 $ — $ 20.3 Supplemental disclosure of cash flow information: Cash paid for interest, net of amounts capitalized $ (6.1 ) $ 23.7 $ 3.7 $ — $ 21.3 Cash paid for income taxes $ 78.7 $ (9.6 ) $ 0.3 $ — $ 69.4 Consolidating Statement of Cash Flows’ Information – For the Six Months Ended June 30, 2014 (in millions) Starz Entertainment, LLC (Guarantor) Starz Media and Other Businesses (Non-Guarantors) Starz, LLC Parent Only (Co-Issuer) Eliminations Consolidated Starz, LLC Operating activities: Net income $ 129.4 $ 135.8 $ 12.5 $ (141.9 ) $ 135.8 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Depreciation and amortization 7.7 0.7 1.6 — 10.0 Amortization of program rights 294.4 — — (0.8 ) 293.6 Program rights payments (239.0 ) — — 1.2 (237.8 ) Amortization of investment in films and television programs 14.1 — 61.5 — 75.6 Investment in films and television programs (117.1 ) — (63.4 ) — (180.5 ) Stock compensation 13.7 0.6 1.0 — 15.3 Share of earnings of consolidated subsidiaries — (156.7 ) — 156.7 — Deferred income taxes (12.6 ) 6.1 — — (6.5 ) Other non-operating and non-cash items 1.7 1.3 (14.1 ) (1.3 ) (12.4 ) Changes in assets and liabilities: Current and other assets (17.9 ) 18.6 25.7 (0.8 ) 25.6 Due to / from affiliates 5.8 2.6 (8.4 ) — — Payables and other liabilities 3.6 (8.8 ) (40.4 ) (13.1 ) (58.7 ) Net cash provided by (used in) operating activities 83.8 0.2 (24.0 ) — 60.0 Investing activities: Purchases of property and equipment (3.2 ) — — — (3.2 ) Cash received from equity investee — — 10.7 — 10.7 Net cash provided by (used in) investing activities (3.2 ) — 10.7 — 7.5 Financing activities: Borrowings of debt — 208.5 — — 208.5 Payments of debt (2.2 ) (150.2 ) — — (152.4 ) Borrowings under notes payable to affiliate (48.8 ) — 48.8 — — Payments under notes payable to affiliate 35.7 — (35.7 ) — — Net advances to / from affiliate (75.6 ) 75.6 — — — Contributions from parent related to exercise of stock options — 2.5 0.1 — 2.6 Minimum withholding of taxes related to stock compensation (7.5 ) — (1.1 ) — (8.6 ) Excess tax benefit from stock compensation 6.2 — — — 6.2 Distributions to parent related to repurchases of common stock — (136.6 ) — — (136.6 ) Net cash provided by (used in) financing activities (92.2 ) (0.2 ) 12.1 — (80.3 ) Net decrease in cash and cash equivalents (11.6 ) — (1.2 ) — (12.8 ) Cash and cash equivalents: Beginning of period 20.8 0.4 4.5 — 25.7 End of period $ 9.2 $ 0.4 $ 3.3 $ — $ 12.9 Supplemental disclosure of cash flow information: Cash paid for interest, net of amounts capitalized $ (1.3 ) $ 22.8 $ 0.6 $ — $ 22.1 Cash paid for income taxes $ 72.9 $ (24.4 ) $ (0.3 ) $ — $ 48.2

Basis of Presentation and Des23

Basis of Presentation and Description of Business (Details) - Jun. 30, 2015 - linear_network	Total
LMC Spin-Off [Line Items]
Number of linear networks containing programming	17
Starz Media
LMC Spin-Off [Line Items]
Subsidiary ownership (as a percent)	75.00%
Weinstein
LMC Spin-Off [Line Items]
Noncontrolling ownership (as a percent)	25.00%

Debt (Details)

Debt (Details)		Jan. 11, 2013USD ($)renewal_period	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Apr. 20, 2015USD ($)	Dec. 31, 2014USD ($)	Nov. 16, 2011USD ($)
Debt Instrument [Line Items]
Total debt			$ 1,250,600,000		$ 1,250,600,000			$ 1,179,500,000
Less current portion of debt			(5,400,000)		(5,400,000)			(5,300,000)
Debt			1,245,200,000		1,245,200,000			1,174,200,000
Remaining borrowing capacity			494,000,000		494,000,000
Interest costs capitalized			1,800,000	$ 900,000	$ 3,300,000	$ 1,800,000
Starz, LLC
Debt Instrument [Line Items]
Lease period (in years)		10 years
Number of renewal periods | renewal_period		4
Renewal Term (in years)		5 years
Capital lease related to commercial lease with subsidiary of Liberty Media		$ 44,800,000
Imputed interest rate (as a percent)					6.40%
Starz Entertainment | Minimum
Debt Instrument [Line Items]
Imputed interest rate (as a percent)					5.50%
Starz Entertainment | Maximum
Debt Instrument [Line Items]
Imputed interest rate (as a percent)					7.00%
Senior Notes
Debt Instrument [Line Items]
Debt Instrument, Unamortized Discount (Premium), Net			2,200,000		$ 2,200,000			2,500,000
Total debt	[1]		677,200,000		677,200,000			677,500,000
Fair value of long-term debt			688,500,000		688,500,000
Senior Notes | Starz, LLC and Starz Finance Corp
Debt Instrument [Line Items]
Face amount			$ 675,000,000		$ 675,000,000
Stated rate (as a percent)			5.00%		5.00%
Capital Lease Obligations
Debt Instrument [Line Items]
Total debt	[2]		$ 67,400,000		$ 67,400,000			70,000,000
Revolving Credit Facility | Line of Credit | Starz, LLC
Debt Instrument [Line Items]
Maximum borrowing capacity									$ 1,000,000,000
Standby Letters of Credit | Line of Credit | Starz, LLC
Debt Instrument [Line Items]
Maximum borrowing capacity									$ 50,000,000
2015 Credit Agreement [Member] | Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Total debt	[3]		$ 506,000,000		$ 506,000,000			0
2015 Credit Agreement [Member] | Revolving Credit Facility | Line of Credit | Starz, LLC
Debt Instrument [Line Items]
Maximum borrowing capacity							$ 1,000,000,000
2015 Credit Agreement [Member] | Revolving Credit Facility | Line of Credit | Starz, LLC | Minimum
Debt Instrument [Line Items]
Commitment fee (as a percent)					0.25%
2015 Credit Agreement [Member] | Revolving Credit Facility | Line of Credit | Starz, LLC | Maximum
Debt Instrument [Line Items]
Commitment fee (as a percent)					0.40%
2015 Credit Agreement [Member] | Standby Letters of Credit | Line of Credit | Starz, LLC
Debt Instrument [Line Items]
Maximum borrowing capacity							$ 50,000,000
2015 Credit Agreement [Member] | Revolving Credit Facility, Senior Secured, Term Loans | Line of Credit | Alternate Base Rate, Prime, Federal Funds, or LIBOR | Starz, LLC | Minimum
Debt Instrument [Line Items]
Spread on variable rate (as a percent)			0.50%		0.50%
2015 Credit Agreement [Member] | Revolving Credit Facility, Senior Secured, Term Loans | Line of Credit | Alternate Base Rate, Prime, Federal Funds, or LIBOR | Starz, LLC | Maximum
Debt Instrument [Line Items]
Spread on variable rate (as a percent)			1.25%		1.25%
2015 Credit Agreement [Member] | Revolving Credit Facility, Senior Secured, Term Loans | Line of Credit | Federal Funds Effective Rate | Starz, LLC
Debt Instrument [Line Items]
Spread on variable rate (as a percent)			0.50%		0.50%
2015 Credit Agreement [Member] | Revolving Credit Facility, Senior Secured, Term Loans | Line of Credit | London Interbank Offered Rate (LIBOR) | Starz, LLC
Debt Instrument [Line Items]
Spread on variable rate (as a percent)			1.00%		1.00%
Interest period used (in months)					1 month
2015 Credit Agreement [Member] | Revolving Credit Facility, Senior Secured, Term Loans | Line of Credit | London Interbank Offered Rate (LIBOR) | Starz, LLC | Minimum
Debt Instrument [Line Items]
Spread on variable rate (as a percent)			1.50%		1.50%
2015 Credit Agreement [Member] | Revolving Credit Facility, Senior Secured, Term Loans | Line of Credit | London Interbank Offered Rate (LIBOR) | Starz, LLC | Maximum
Debt Instrument [Line Items]
Spread on variable rate (as a percent)			2.25%		2.25%
2015 Credit Agreement [Member] | Revolving Credit Facility, Senior Secured, Term Loans | Line of Credit | June 2015 to July 2015 | London Interbank Offered Rate (LIBOR) | Starz, LLC
Debt Instrument [Line Items]
Total debt			$ 95,000,000		$ 95,000,000
Interest rate (as a percent)			1.9341%		1.9341%
2015 Credit Agreement [Member] | Revolving Credit Facility, Senior Secured, Term Loans | Line of Credit | June 2015 to July 2015 | London Interbank Offered Rate (LIBOR) | Starz, LLC
Debt Instrument [Line Items]
Total debt			$ 371,000,000		$ 371,000,000
Interest rate (as a percent)			1.9375%		1.9375%
2015 Credit Agreement [Member] | Revolving Credit Facility, Senior Secured, Term Loans | Line of Credit | June 2015 to July 2015 | London Interbank Offered Rate (LIBOR) | Starz, LLC
Debt Instrument [Line Items]
Total debt			$ 11,000,000		$ 11,000,000
Interest rate (as a percent)			1.936%		1.936%
2015 Credit Agreement [Member] | Revolving Credit Facility, Senior Secured, Term Loans | Line of Credit | June 2015 and forward | Alternate Base Rate | Starz, LLC
Debt Instrument [Line Items]
Total debt			$ 29,000,000		$ 29,000,000
Interest rate (as a percent)			4.00%		4.00%
2011 Credit Agreement [Member] | Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Total debt	[4]		$ 0		$ 0			$ 432,000,000
[1]	Starz, LLC and Starz Finance Corp., a wholly-owned subsidiary, co-issued $675.0 million aggregate principal amount of 5.0% senior notes due September 15, 2019 (“Senior Notes”). The Senior Notes bear interest at a rate of 5.0% payable semi-annually on September 15 and March 15 of each year and are guaranteed by Starz Entertainment.The Senior Notes contain certain covenants that include restrictions on, among others, incurring additional debt, paying dividends, entering into liens and guarantees, or making certain distributions, investments and other restricted payments. As of June 30, 2015, Starz, LLC was in compliance with all covenants under the Senior Notes.
[2]	On January 11, 2013, Starz, LLC entered into a commercial lease for its headquarters building. The term of the lease is ten years, with four successive five-year renewal periods at the option of Starz, LLC. Starz, LLC has recorded a $44.8 million capital lease in connection with this lease agreement with an imputed annual interest rate of 6.4%.Starz Entertainment has entered into capital lease agreements for its transponder capacity. The agreements expire during 2018 to 2021 and have imputed annual interest rates ranging from 5.5% to 7.0%.
[3]	On April 20, 2015, Starz, LLC entered into a credit agreement (“2015 Credit Agreement”) that provides for $1,000.0 million in revolving loans with a $50.0 million sub-limit for stand-by letters of credit. Net proceeds from the 2015 Credit Agreement were used to repay and terminate the 2011 Credit Agreement (as defined below). Borrowings under the 2015 Credit Agreement may be prepaid at any time and from time to time without penalty other than customary breakage costs. Any amounts prepaid on the 2015 Credit Agreement may be reborrowed. The 2015 Credit Agreement is scheduled to mature on April 20, 2020. As of June 30, 2015, Starz, LLC had $494.0 million of borrowing capacity under the 2015 Credit Agreement.Interest on each loan under the 2015 Credit Agreement is payable at either an alternate base rate or LIBOR at Starz, LLC’s election. Borrowings that are alternate base rate loans bear interest at a per annum rate equal to the alternate base rate plus a margin that varies between 0.50% and 1.25% depending on the consolidated leverage ratio of Starz, LLC, as defined in the 2015 Credit Agreement. The alternate base rate is the highest of (a) the Prime Rate, (b) the Federal Funds Effective Rate plus ½ of 1% or (c) LIBOR for a one-month interest period plus 1%. Borrowings that are LIBOR loans bear interest at a per annum rate equal to the applicable LIBOR plus a margin that varies between 1.50% and 2.25% depending on the consolidated leverage ratio of Starz, LLC. The 2015 Credit Agreement requires Starz, LLC to pay a commitment fee on any unused portion. The commitment fee varies between 0.25% and 0.40%, depending on the consolidated leverage ratio of Starz, LLC.As of June 30, 2015, the following borrowings and related LIBOR or alternate base rate interest rates were outstanding under the 2015 Credit Agreement (dollars in millions):LIBOR or alternate base rate period:Interest Rate Loan AmountJune 2015 to July 20151.9341% $95.0June 2015 to July 20151.9375% 371.0June 2015 to July 20151.9360% 11.0June 2015 and forward4.0000% 29.0 $506.0The 2015 Credit Agreement contains certain covenants that include restrictions on, among others, incurring additional debt, paying dividends, entering into liens or guarantees, or making certain distributions, investments and other restricted payments. In addition, Starz, LLC must comply with certain financial covenants, including a consolidated leverage ratio, as defined in the 2015 Credit Agreement. As of June 30, 2015, Starz, LLC was in compliance with all covenants under the 2015 Credit Agreement.
[4]	On November 16, 2011, Starz, LLC entered into a credit agreement (“2011 Credit Agreement”) that provided for $1,000.0 million of revolving loans and a $50.0 million sub-limit for standby letters of credit with a maturity date of November 16, 2016. On April 20, 2015, Starz, LLC repaid and terminated the 2011 Credit Agreement using borrowings under the 2015 Credit Agreement.

Stock Options and Restricted 25

Stock Options and Restricted Stock Stock Options and Restricted Stock - Stock Compensation Expense (Details) - Incentive Plan, Stock Options and Restricted Stock - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock compensation expense	$ 8.1	$ 7.5	$ 16.4	$ 15.3
Programming costs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock compensation expense	0.7	0.3	1.3	1
Operating expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock compensation expense	0.1	0	0.2	0.1
Selling, general and administrative expenses
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock compensation expense	$ 7.3	$ 7.2	$ 14.9	$ 14.2

Stock Options and Restricted 26

Stock Options and Restricted Stock - Narrative (Details) - Jun. 30, 2015 - USD ($) $ in Millions	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average remaining contractual term (in years)	5 years 6 months 1 day
Exercisable, Weighted average remaining contractual term (in years)	4 years 2 months 12 days
Intrinsic value	$ 293.6
Exercisable, Intrinsic value	127
Incentive Plan, Stock Options and Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost not yet recognized	$ 55.9
Period for recognition (in years)	2 years 2 months 20 days
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	97,884
Minimum | Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting (as a percent)	50.00%
Vesting rights, Adjusted OIBDA (as a percent)	90.00%
Granted (in shares)	48,942
Maximum | Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting (as a percent)	200.00%
Vesting rights, Adjusted OIBDA (as a percent)	120.00%
Granted (in shares)	195,768

Stock Options and Restricted 27

Stock Options and Restricted Stock - Number and Weighted Average Exercise Price - Options (Details) - Jun. 30, 2015 - Stock Options - $ / shares	Total
Options (in shares)
Outstanding at December 31, 2014	13,688,570
Granted	48,540
Exercised	(1,924,218)
Forfeited	(436,339)
Expired/canceled	0
Outstanding at June 30, 2015	11,376,553
Exercisable at June 30, 2015	4,172,914
WAEP (in dollars per share)
Outstanding at December 31, 2014	$ 18.32
Granted	34.19
Exercised	14.37
Forfeited	21.86
Expired/canceled	0
Outstanding at June 30, 2015	18.92
Exercisable at June 30, 2015	$ 14.28

Stock Options and Restricted 28

Stock Options and Restricted Stock - Number and Weighted Average Exercise Price - Restricted Stock (Details) - Restricted Stock [Member] - $ / shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015
Restricted Stock (in shares)
Outstanding at December 31, 2014	454,595
Granted	10,028
Vested	(51,615)
Forfeited	(19,168)
Outstanding at June 30, 2015	393,840
Weighted Average Grant-Date Fair Value (in dollars per share)
Outstanding at December 31, 2014	$ 26.45
Granted	39.49
Vested	19.18
Forfeited	29.02
Outstanding at June 30, 2015	$ 26.45	$ 27.59

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Related Party Transaction [Line Items]
Total cash paid for investment in films and television programs	$ 124,900,000	$ 101,000,000	$ 233,600,000	$ 180,500,000
Participations payable to Weinstein	0		$ 0		$ 59,600,000
Weinstein
Related Party Transaction [Line Items]
Related party transaction, period			5 years
Recognition of participation expense	31,700,000	$ 28,200,000	$ 53,100,000	54,300,000
Total cash paid for investment in films and television programs			85,100,000	$ 57,900,000
Participations payable to Weinstein	$ 0		$ 0		$ 59,600,000

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Income Tax Expense (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Abstract]
Effective tax rate (as a percent)	35.11843%	34.00%	34.00%	34.00%
Income Tax Expense (Benefit), Continuing Operations, Income Tax Reconciliation [Abstract]
Federal income tax rate (as a percent)	35.00%	35.00%	35.00%	35.00%

Commitments and Contingencies -

Commitments and Contingencies - Programming Rights (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Contractual Obligation, Fiscal Year Maturity [Abstract]
Program rights obligations	$ 79.3		$ 79.3
Film rights payable in 2015	68.7		68.7
Film rights payable in 2016	10.3		10.3
Other Commitment, Due in Third Year	0.3		0.3
Programming license agreements payable in 2015	78.6		78.6
Programming license agreements payable in 2016	213.3		213.3
Programming license agreements payable in 2017	115		115
Programming license agreements payable in 2018	104.8		104.8
Programming license agreements payable in 2019	89.6		89.6
Programming license agreements payable thereafter	166.9		166.9
Amortization of program rights	$ 144.2	$ 147.3	$ 281.1	$ 293.6

Other Information Accrued Liabi

Other Information Accrued Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Other Information [Abstract]
Program rights payable	$ 76.7	$ 89
Royalties, residuals and participations	70.7	74.6
Participations payable to Weinstein	0	59.6
Advertising and marketing	32	41.1
Payroll and related costs	18	27.5
Other	27.7	35.6
Accrued Liabilities, Current	$ 225.1	$ 327.4

Other Information Supplemental

Other Information Supplemental Disclosure of Cash Flow Information (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Other Information [Abstract]
Cash paid for interest, net of amounts capitalized	$ 21.3	$ 22.1
Cash paid for income taxes	$ 69.4	$ 48.2

Other Information Other Income

Other Information Other Income (Expense), Net (Details) $ in Millions	Jun. 30, 2015USD ($)
Other Information [Abstract]
Unamortized debt issuance expense	$ 13.4

Information and Operating Segme

Information and Operating Segments - Reconciliation of Adjusted OIBDA (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Reconciliation from Segment Totals to Consolidated [Abstract]
Consolidated Adjusted OIBDA	$ 123.4	$ 117.4	$ 278.9	$ 243.6
Stock compensation	(8.1)	(7.5)	(16.4)	(15.3)
Depreciation and amortization	(4.8)	(5.1)	(9.5)	(10)
Interest expense, net of amounts capitalized	(11.3)	(11.8)	(22.5)	(23.3)
Other income (expense), net	(2.1)	11	(4.3)	11.5
Income (loss) before income taxes and share of earnings of consolidated subsidiaries	$ 97.1	$ 104	$ 226.2	$ 206.5

Information and Operating Seg36

Information and Operating Segments - Performance Measures and Other Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Segment Reporting Information [Line Items]
Total revenue	$ 417.7	$ 410.1	$ 868.4	$ 830.1
Total Adjusted OIBDA	123.4	117.4	278.9	243.6
Total cash paid for investment in films and television programs	124.9	101	233.6	180.5
Total assets	1,682.7		1,682.7		$ 1,573.2
Starz Networks
Segment Reporting Information [Line Items]
Total revenue	333.3	328.2	667.3	652.2
Total Adjusted OIBDA	122.2	121.8	251.9	235.8
Total cash paid for investment in films and television programs	71.2	60.1	140.3	115.6
Total assets	1,547.9		1,547.9		1,357.4
Starz Distribution
Segment Reporting Information [Line Items]
Total revenue	78.4	75.1	188.1	162.4
Total Adjusted OIBDA	2	(3.8)	28.4	8.9
Total cash paid for investment in films and television programs	53.7	40.9	93.3	64.9
Total assets	208.1		208.1		174.1
Starz Animation
Segment Reporting Information [Line Items]
Total revenue	6.5	7.2	13.8	16.1
Total Adjusted OIBDA	(0.7)	(0.8)	(1.3)	(1.4)
Total cash paid for investment in films and television programs	0	0	0	0
Total assets	1.9		1.9		2.4
Other unallocated
Segment Reporting Information [Line Items]
Total assets	100.5		100.5		101.9
Inter-segment eliminations
Segment Reporting Information [Line Items]
Total revenue	(0.5)	(0.4)	(0.8)	(0.6)
Total Adjusted OIBDA	(0.1)	0.2	(0.1)	0.3
Total cash paid for investment in films and television programs	0	$ 0	0	$ 0
Total assets	$ (175.7)		$ (175.7)		$ (62.6)

Supplemental Guarantor Conden37

Supplemental Guarantor Condensed Consolidating Financial Information - Balance Sheets (Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 20.3	$ 13.4	$ 12.9	$ 25.7
Trade accounts receivable, net of allowances of $27.0 and $41.9	269.4	249.1
Program rights, net	372.8	303.5
Deferred income taxes	0.9	0.9
Notes receivable from affiliates	0	0
Other current assets	55.1	70.1
Total current assets	718.5	637
Noncurrent assets:
Program rights	309.8	311.3
Investment in films and television programs, net	305.9	319.5
Property and equipment, net of accumulated depreciation of $132.1 and $123.4	86.8	89.8
Deferred income taxes	17.5	0
Goodwill	131.8	131.8
Other assets, net (Note 7)	112.4	83.8
Investment in consolidated subsidiaries	0	0
Total assets	1,682.7	1,573.2
Current liabilities:
Current portion of debt (Note 2)	5.4	5.3
Trade accounts payable	5.4	10.1
Accrued liabilities (Notes 4, 6 and 7)	225.1	327.4
Notes payable due to affiliate	0	0
Due to (from) affiliates	0	0
Deferred revenue	14.9	7.4
Total liabilities	250.8	350.2
Noncurrent liabilities:
Debt (Note 2)	1,245.2	1,174.2
Deferred income taxes	0	1.1
Other liabilities (Note 6)	5.5	7.9
Total liabilities	1,501.5	1,533.4
Member's Equity [Abstract]
Member’s interest	188.9	48.5
Noncontrolling interest in subsidiary	(7.7)	(8.7)
Total member’s interest and noncontrolling interests	181.2	39.8
Total liabilities and member’s interest and noncontrolling interests	1,682.7	1,573.2
Starz Entertainment, LLC (Guarantor)
Current assets:
Cash and cash equivalents	14.2	8.7	9.2	20.8
Trade accounts receivable, net of allowances of $27.0 and $41.9	215.6	224.3
Program rights, net	373.9	304.4
Deferred income taxes	0.3	0.3
Notes receivable from affiliates	155.7	45.9
Other current assets	29.7	26.9
Total current assets	789.4	610.5
Noncurrent assets:
Program rights	315.3	317.2
Investment in films and television programs, net	215	202.7
Property and equipment, net of accumulated depreciation of $132.1 and $123.4	45.2	47.4
Deferred income taxes	0
Goodwill	131.8	131.8
Other assets, net (Note 7)	51.2	47.8
Investment in consolidated subsidiaries	0	0
Total assets	1,547.9	1,357.4
Current liabilities:
Current portion of debt (Note 2)	4.8	4.7
Trade accounts payable	3.7	7.8
Accrued liabilities (Notes 4, 6 and 7)	162.1	171
Notes payable due to affiliate	0	0
Due to (from) affiliates	(720)	(742.7)
Deferred revenue	0	0
Total liabilities	(549.4)	(559.2)
Noncurrent liabilities:
Debt (Note 2)	1,202.3	1,131.1
Deferred income taxes	21.8	31.7
Other liabilities (Note 6)	4.1	6
Total liabilities	678.8	609.6
Member's Equity [Abstract]
Member’s interest	869.1	747.8
Noncontrolling interest in subsidiary	0	0
Total member’s interest and noncontrolling interests	869.1	747.8
Total liabilities and member’s interest and noncontrolling interests	1,547.9	1,357.4
Starz, LLC Parent Only (Co-Issuer)
Current assets:
Cash and cash equivalents	0.4	0.3	0.4	0.4
Trade accounts receivable, net of allowances of $27.0 and $41.9	0	0
Program rights, net	0	0
Deferred income taxes	0.6	0.6
Notes receivable from affiliates	0	0
Other current assets	13.1	29.9
Total current assets	14.1	30.8
Noncurrent assets:
Program rights	0	0
Investment in films and television programs, net	0	0
Property and equipment, net of accumulated depreciation of $132.1 and $123.4	41.1	41.9
Deferred income taxes	17.5
Goodwill	0	0
Other assets, net (Note 7)	13.4	9.9
Investment in consolidated subsidiaries	2,017.3	1,820.9
Total assets	2,103.4	1,903.5
Current liabilities:
Current portion of debt (Note 2)	0.6	0.6
Trade accounts payable	0	0
Accrued liabilities (Notes 4, 6 and 7)	12.5	18.3
Notes payable due to affiliate	0	0
Due to (from) affiliates	703.9	730.1
Deferred revenue	0	0
Total liabilities	717	749
Noncurrent liabilities:
Debt (Note 2)	1,226.1	1,152.6
Deferred income taxes	(20.9)	(37.9)
Other liabilities (Note 6)	0	0
Total liabilities	1,922.2	1,863.7
Member's Equity [Abstract]
Member’s interest	188.9	48.5
Noncontrolling interest in subsidiary	(7.7)	(8.7)
Total member’s interest and noncontrolling interests	181.2	39.8
Total liabilities and member’s interest and noncontrolling interests	2,103.4	1,903.5
Starz Media and Other Businesses (Non-Guarantors)
Current assets:
Cash and cash equivalents	5.7	4.4	3.3	4.5
Trade accounts receivable, net of allowances of $27.0 and $41.9	53.8	24.8
Program rights, net	0	0
Deferred income taxes	0	0
Notes receivable from affiliates	0	0
Other current assets	12.3	13.3
Total current assets	71.8	42.5
Noncurrent assets:
Program rights	0	0
Investment in films and television programs, net	90.9	116.8
Property and equipment, net of accumulated depreciation of $132.1 and $123.4	0.5	0.5
Deferred income taxes	0
Goodwill	0	0
Other assets, net (Note 7)	61.2	36
Investment in consolidated subsidiaries	0	0
Total assets	224.4	195.8
Current liabilities:
Current portion of debt (Note 2)	0	0
Trade accounts payable	1.7	2.3
Accrued liabilities (Notes 4, 6 and 7)	61.3	148.9
Notes payable due to affiliate	155.7	45.9
Due to (from) affiliates	16.1	12.6
Deferred revenue	14.9	7.4
Total liabilities	249.7	217.1
Noncurrent liabilities:
Debt (Note 2)	0	0
Deferred income taxes	0	0
Other liabilities (Note 6)	6.8	7.2
Total liabilities	256.5	224.3
Member's Equity [Abstract]
Member’s interest	(32.1)	(28.5)
Noncontrolling interest in subsidiary	0	0
Total member’s interest and noncontrolling interests	(32.1)	(28.5)
Total liabilities and member’s interest and noncontrolling interests	224.4	195.8
Eliminations
Current assets:
Cash and cash equivalents	0	0	$ 0	$ 0
Trade accounts receivable, net of allowances of $27.0 and $41.9	0	0
Program rights, net	(1.1)	(0.9)
Deferred income taxes	0	0
Notes receivable from affiliates	(155.7)	(45.9)
Other current assets	0	0
Total current assets	(156.8)	(46.8)
Noncurrent assets:
Program rights	(5.5)	(5.9)
Investment in films and television programs, net	0	0
Property and equipment, net of accumulated depreciation of $132.1 and $123.4	0	0
Deferred income taxes	0
Goodwill	0	0
Other assets, net (Note 7)	(13.4)	(9.9)
Investment in consolidated subsidiaries	(2,017.3)	(1,820.9)
Total assets	(2,193)	(1,883.5)
Current liabilities:
Current portion of debt (Note 2)	0	0
Trade accounts payable	0	0
Accrued liabilities (Notes 4, 6 and 7)	(10.8)	(10.8)
Notes payable due to affiliate	(155.7)	(45.9)
Due to (from) affiliates	0	0
Deferred revenue	0	0
Total liabilities	(166.5)	(56.7)
Noncurrent liabilities:
Debt (Note 2)	(1,183.2)	(1,109.5)
Deferred income taxes	(0.9)	7.3
Other liabilities (Note 6)	(5.4)	(5.3)
Total liabilities	(1,356)	(1,164.2)
Member's Equity [Abstract]
Member’s interest	(837)	(719.3)
Noncontrolling interest in subsidiary	0	0
Total member’s interest and noncontrolling interests	(837)	(719.3)
Total liabilities and member’s interest and noncontrolling interests	$ (2,193)	$ (1,883.5)

Supplemental Guarantor Conden38

Supplemental Guarantor Condensed Consolidating Financial Information - Consolidating Statement of Operations (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenue:
Programming networks and other services	$ 380.3	$ 372	$ 796.1	$ 735.3
Home video net sales	37.4	38.1	72.3	94.8
Total revenue	417.7	410.1	868.4	830.1
Costs and expenses:
Programming (including amortization) (Notes 3 and 6)	154.5	158.7	300.5	315.6
Production and acquisition (including amortization) (Note 4)	50	49.9	106.6	90.8
Home video cost of sales	10	9.7	20.4	22.7
Operating (Note 3)	12.4	12.6	25.7	26.7
Selling, general and administrative (Note 3)	75.5	69.3	152.7	146
Depreciation and amortization	4.8	5.1	9.5	10
Total costs and expenses	307.2	305.3	615.4	611.8
Operating income (loss)	110.5	104.8	253	218.3
Other income (expense):
Interest expense, net of amounts capitalized	(11.3)	(11.8)	(22.5)	(23.3)
Interest income (expense), related party	0	0	0	0
Other income (expense), net	(2.1)	11	(4.3)	11.5
Income (loss) before income taxes and share of earnings of consolidated subsidiaries	97.1	104	226.2	206.5
Income tax expense (Note 5)	(34.1)	(35)	(77.1)	(70.7)
Share of earnings of consolidated subsidiaries, net of taxes	0	0	0	0
Net income (loss)	63	69	149.1	135.8
Net loss (income) attributable to noncontrolling interest	0.4	1.1	(1.1)	(0.8)
Net income (loss) attributable to member	63.4	70.1	148	135
Starz Entertainment, LLC (Guarantor)
Revenue:
Programming networks and other services	340.9	337.3	725.3	671.8
Home video net sales	6.4	3.9	10	7.8
Total revenue	347.3	341.2	735.3	679.6
Costs and expenses:
Programming (including amortization) (Notes 3 and 6)	154.8	159.1	301.1	316.4
Production and acquisition (including amortization) (Note 4)	7.1	7.1	27.9	13
Home video cost of sales	3.4	2.9	6.1	5.6
Operating (Note 3)	6.5	6.1	21.6	12.7
Selling, general and administrative (Note 3)	58	50.8	118.6	106.5
Depreciation and amortization	4	3.9	7.9	7.7
Total costs and expenses	233.8	229.9	483.2	461.9
Operating income (loss)	113.5	111.3	252.1	217.7
Other income (expense):
Interest expense, net of amounts capitalized	(10.5)	(11)	(21.2)	(21.8)
Interest income (expense), related party	2.8	0.3	4.5	0.5
Other income (expense), net	0.8	0	0	0.4
Income (loss) before income taxes and share of earnings of consolidated subsidiaries	106.6	100.6	235.4	196.8
Income tax expense (Note 5)	(37.8)	(34.3)	(81.5)	(67.4)
Share of earnings of consolidated subsidiaries, net of taxes	0	0	0	0
Net income (loss)	68.8	66.3	153.9	129.4
Net loss (income) attributable to noncontrolling interest	0	0	0	0
Net income (loss) attributable to member	68.8	66.3	153.9	129.4
Starz, LLC Parent Only (Co-Issuer)
Revenue:
Programming networks and other services	0	0	0	0
Home video net sales	0	0	0	0
Total revenue	0	0	0	0
Costs and expenses:
Programming (including amortization) (Notes 3 and 6)	0	0	0	0
Production and acquisition (including amortization) (Note 4)	0	0	0	0
Home video cost of sales	0	0	0	0
Operating (Note 3)	0	0	0	0
Selling, general and administrative (Note 3)	2.3	1.7	4.2	3.4
Depreciation and amortization	0.3	0.4	0.7	0.7
Total costs and expenses	2.6	2.1	4.9	4.1
Operating income (loss)	(2.6)	(2.1)	(4.9)	(4.1)
Other income (expense):
Interest expense, net of amounts capitalized	(12.6)	(12.1)	(24.9)	(24)
Interest income (expense), related party	0	0	0	0
Other income (expense), net	0	(0.1)	0	(0.1)
Income (loss) before income taxes and share of earnings of consolidated subsidiaries	(15.2)	(14.3)	(29.8)	(28.2)
Income tax expense (Note 5)	8	4.1	13.1	7.3
Share of earnings of consolidated subsidiaries, net of taxes	70.2	79.2	165.8	156.7
Net income (loss)	63	69	149.1	135.8
Net loss (income) attributable to noncontrolling interest	0.4	1.1	(1.1)	(0.8)
Net income (loss) attributable to member	63.4	70.1	148	135
Starz Media and Other Businesses (Non-Guarantors)
Revenue:
Programming networks and other services	41.5	36.9	83.2	68
Home video net sales	32.3	35	64.3	88.6
Total revenue	73.8	71.9	147.5	156.6
Costs and expenses:
Programming (including amortization) (Notes 3 and 6)	0	0	0	0
Production and acquisition (including amortization) (Note 4)	42.9	42.8	78.7	77.8
Home video cost of sales	7.9	7.6	16.3	18.7
Operating (Note 3)	7.5	8.4	15.7	18
Selling, general and administrative (Note 3)	15.2	16.8	29.9	36.1
Depreciation and amortization	0.5	0.8	0.9	1.6
Total costs and expenses	74	76.4	141.5	152.2
Operating income (loss)	(0.2)	(4.5)	6	4.4
Other income (expense):
Interest expense, net of amounts capitalized	0	0	0	0
Interest income (expense), related party	(2.8)	(0.3)	(4.5)	(0.5)
Other income (expense), net	(2.9)	11.1	(4.6)	11.2
Income (loss) before income taxes and share of earnings of consolidated subsidiaries	(5.9)	6.3	(3.1)	15.1
Income tax expense (Note 5)	(0.2)	(0.8)	(0.4)	(2.6)
Share of earnings of consolidated subsidiaries, net of taxes	0	0	0	0
Net income (loss)	(6.1)	5.5	(3.5)	12.5
Net loss (income) attributable to noncontrolling interest	0	0	0	0
Net income (loss) attributable to member	(6.1)	5.5	(3.5)	12.5
Eliminations
Revenue:
Programming networks and other services	(2.1)	(2.2)	(12.4)	(4.5)
Home video net sales	(1.3)	(0.8)	(2)	(1.6)
Total revenue	(3.4)	(3)	(14.4)	(6.1)
Costs and expenses:
Programming (including amortization) (Notes 3 and 6)	(0.3)	(0.4)	(0.6)	(0.8)
Production and acquisition (including amortization) (Note 4)	0	0	0	0
Home video cost of sales	(1.3)	(0.8)	(2)	(1.6)
Operating (Note 3)	(1.6)	(1.9)	(11.6)	(4)
Selling, general and administrative (Note 3)	0	0	0	0
Depreciation and amortization	0	0	0	0
Total costs and expenses	(3.2)	(3.1)	(14.2)	(6.4)
Operating income (loss)	(0.2)	0.1	(0.2)	0.3
Other income (expense):
Interest expense, net of amounts capitalized	11.8	11.3	23.6	22.5
Interest income (expense), related party	0	0	0	0
Other income (expense), net	0	0	0.3	0
Income (loss) before income taxes and share of earnings of consolidated subsidiaries	11.6	11.4	23.7	22.8
Income tax expense (Note 5)	(4.1)	(4)	(8.3)	(8)
Share of earnings of consolidated subsidiaries, net of taxes	(70.2)	(79.2)	(165.8)	(156.7)
Net income (loss)	(62.7)	(71.8)	(150.4)	(141.9)
Net loss (income) attributable to noncontrolling interest	0	0	0	0
Net income (loss) attributable to member	$ (62.7)	$ (71.8)	$ (150.4)	$ (141.9)

Supplemental Guarantor Conden39

Supplemental Guarantor Condensed Consolidating Financial Information - Consolidating Statement of Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	$ 63	$ 69	$ 149.1	$ 135.8
Other comprehensive income (loss), net of taxes -
Foreign currency translation adjustments from operations	(0.1)	0.1	0.6	(0.1)
Comprehensive income (loss)	62.9	69.1	149.7	135.7
Comprehensive loss (income) attributable to noncontrolling interest	0.5	1.1	(1.2)	(0.8)
Comprehensive income (loss) attributable to member	63.4	70.2	148.5	134.9
Starz Entertainment, LLC (Guarantor)
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	68.8	66.3	153.9	129.4
Other comprehensive income (loss), net of taxes -
Foreign currency translation adjustments from operations	0	0	0	0
Comprehensive income (loss)	68.8	66.3	153.9	129.4
Comprehensive loss (income) attributable to noncontrolling interest	0	0	0	0
Comprehensive income (loss) attributable to member	68.8	66.3	153.9	129.4
Starz, LLC Parent Only (Co-Issuer)
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	63	69	149.1	135.8
Other comprehensive income (loss), net of taxes -
Foreign currency translation adjustments from operations	(0.1)	0.1	0.6	(0.1)
Comprehensive income (loss)	62.9	69.1	149.7	135.7
Comprehensive loss (income) attributable to noncontrolling interest	0.5	1.1	(1.2)	(0.8)
Comprehensive income (loss) attributable to member	63.4	70.2	148.5	134.9
Starz Media and Other Businesses (Non-Guarantors)
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	(6.1)	5.5	(3.5)	12.5
Other comprehensive income (loss), net of taxes -
Foreign currency translation adjustments from operations	(0.1)	0.1	0.6	(0.1)
Comprehensive income (loss)	(6.2)	5.6	(2.9)	12.4
Comprehensive loss (income) attributable to noncontrolling interest	0	0	0	0
Comprehensive income (loss) attributable to member	(6.2)	5.6	(2.9)	12.4
Eliminations
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	(62.7)	(71.8)	(150.4)	(141.9)
Other comprehensive income (loss), net of taxes -
Foreign currency translation adjustments from operations	0.1	(0.1)	(0.6)	0.1
Comprehensive income (loss)	(62.6)	(71.9)	(151)	(141.8)
Comprehensive loss (income) attributable to noncontrolling interest	0	0	0	0
Comprehensive income (loss) attributable to member	$ (62.6)	$ (71.9)	$ (151)	$ (141.8)

Supplemental Guarantor Conden40

Supplemental Guarantor Condensed Consolidating Financial Information - Consolidating Statements of Cash Flows (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Operating activities:
Net income	$ 63	$ 69	$ 149.1	$ 135.8
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	4.8	5.1	9.5	10
Amortization of program rights	144.2	147.3	281.1	293.6
Program rights payments			(253.5)	(237.8)
Amortization of investment in films and television programs			80.1	75.6
Investment in films and television programs	(124.9)	(101)	(233.6)	(180.5)
Stock compensation (Note 3)	8.1	7.5	16.4	15.3
Share of earnings of consolidated subsidiaries	0	0	0	0
Deferred income taxes			(10.2)	(6.5)
Other non-operating and non-cash items			(7.2)	(12.4)
Changes in assets and liabilities:
Current and other assets			(23.3)	25.6
Due to affiliate			0	0
Payables and other liabilities			(34.4)	(58.7)
Net cash provided by (used in) operating activities			(26)	60
Investing activities:
Purchases of property and equipment			(5.8)	(3.2)
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital			0	10.7
Investing activities – purchases of property and equipment			(5.8)	7.5
Financing activities:
Borrowings of debt			734	208.5
Payments of debt			(662.6)	(152.4)
Debt issuance costs			(5)	0
Borrowings under notes payable to affiliate			0	0
Payments under notes payable to affiliate				0
Net advances to / from affiliate			0	0
Contributions from parent related to exercise of stock options			7.7	2.6
Minimum withholding of taxes related to stock compensation			(15.3)	(8.6)
Excess tax benefit from stock compensation			12.7	6.2
Distributions to parent related to repurchases of common stock			(32.8)	(136.6)
Net cash provided by (used in) financing activities			38.7	(80.3)
Net increase in cash and cash equivalents			6.9	(12.8)
Beginning of period			13.4	25.7
End of period	20.3	12.9	20.3	12.9
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized			21.3	22.1
Cash paid for income taxes			69.4	48.2
Starz Entertainment, LLC (Guarantor)
Operating activities:
Net income	68.8	66.3	153.9	129.4
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	4	3.9	7.9	7.7
Amortization of program rights			281.7	294.4
Program rights payments			(254)	(239)
Amortization of investment in films and television programs			22.3	14.1
Investment in films and television programs			(140.2)	(117.1)
Stock compensation (Note 3)			14.7	13.7
Share of earnings of consolidated subsidiaries	0	0	0	0
Deferred income taxes			(9.9)	(12.6)
Other non-operating and non-cash items			2.5	1.7
Changes in assets and liabilities:
Current and other assets			4.8	(17.9)
Due to affiliate			(26.9)	5.8
Payables and other liabilities			17.5	3.6
Net cash provided by (used in) operating activities			74.3	83.8
Investing activities:
Purchases of property and equipment			(5.7)	(3.2)
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital				0
Investing activities – purchases of property and equipment			(5.7)	(3.2)
Financing activities:
Borrowings of debt			0	0
Payments of debt			(2.3)	(2.2)
Debt issuance costs			0
Borrowings under notes payable to affiliate			(109)	(48.8)
Payments under notes payable to affiliate				35.7
Net advances to / from affiliate			48.9	(75.6)
Contributions from parent related to exercise of stock options			0	0
Minimum withholding of taxes related to stock compensation			(13.4)	(7.5)
Excess tax benefit from stock compensation			12.7	6.2
Distributions to parent related to repurchases of common stock			0	0
Net cash provided by (used in) financing activities			(63.1)	(92.2)
Net increase in cash and cash equivalents			5.5	(11.6)
Beginning of period			8.7	20.8
End of period	14.2	9.2	14.2	9.2
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized			(6.1)	(1.3)
Cash paid for income taxes			78.7	72.9
Starz, LLC Parent Only (Co-Issuer)
Operating activities:
Net income	63	69	149.1	135.8
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	0.3	0.4	0.7	0.7
Amortization of program rights			0	0
Program rights payments			0	0
Amortization of investment in films and television programs			0	0
Investment in films and television programs			0	0
Stock compensation (Note 3)			0.4	0.6
Share of earnings of consolidated subsidiaries	(70.2)	(79.2)	(165.8)	(156.7)
Deferred income taxes			(0.5)	6.1
Other non-operating and non-cash items			1.3	1.3
Changes in assets and liabilities:
Current and other assets			16.8	18.6
Due to affiliate			22.7	2.6
Payables and other liabilities			(19.3)	(8.8)
Net cash provided by (used in) operating activities			5.4	0.2
Investing activities:
Purchases of property and equipment			0	0
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital				0
Investing activities – purchases of property and equipment			0	0
Financing activities:
Borrowings of debt			734	208.5
Payments of debt			(660.3)	(150.2)
Debt issuance costs			(5)
Borrowings under notes payable to affiliate			0	0
Payments under notes payable to affiliate				0
Net advances to / from affiliate			(48.9)	75.6
Contributions from parent related to exercise of stock options			7.7	2.5
Minimum withholding of taxes related to stock compensation			0	0
Excess tax benefit from stock compensation			0	0
Distributions to parent related to repurchases of common stock			(32.8)	(136.6)
Net cash provided by (used in) financing activities			(5.3)	(0.2)
Net increase in cash and cash equivalents			0.1	0
Beginning of period			0.3	0.4
End of period	0.4	0.4	0.4	0.4
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized			23.7	22.8
Cash paid for income taxes			(9.6)	(24.4)
Starz Media and Other Businesses (Non-Guarantors)
Operating activities:
Net income	(6.1)	5.5	(3.5)	12.5
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	0.5	0.8	0.9	1.6
Amortization of program rights			0	0
Program rights payments			0	0
Amortization of investment in films and television programs			57.8	61.5
Investment in films and television programs			(93.4)	(63.4)
Stock compensation (Note 3)			1.3	1
Share of earnings of consolidated subsidiaries	0	0	0	0
Deferred income taxes			0	0
Other non-operating and non-cash items			(9.8)	(14.1)
Changes in assets and liabilities:
Current and other assets			(45.7)	25.7
Due to affiliate			4.2	(8.4)
Payables and other liabilities			(17.5)	(40.4)
Net cash provided by (used in) operating activities			(105.7)	(24)
Investing activities:
Purchases of property and equipment			(0.1)	0
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital				10.7
Investing activities – purchases of property and equipment			(0.1)	10.7
Financing activities:
Borrowings of debt			0	0
Payments of debt			0	0
Debt issuance costs			0
Borrowings under notes payable to affiliate			109	48.8
Payments under notes payable to affiliate				(35.7)
Net advances to / from affiliate			0	0
Contributions from parent related to exercise of stock options			0	0.1
Minimum withholding of taxes related to stock compensation			(1.9)	(1.1)
Excess tax benefit from stock compensation			0	0
Distributions to parent related to repurchases of common stock			0	0
Net cash provided by (used in) financing activities			107.1	12.1
Net increase in cash and cash equivalents			1.3	(1.2)
Beginning of period			4.4	4.5
End of period	5.7	3.3	5.7	3.3
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized			3.7	0.6
Cash paid for income taxes			0.3	(0.3)
Eliminations
Operating activities:
Net income	(62.7)	(71.8)	(150.4)	(141.9)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	0	0	0	0
Amortization of program rights			(0.6)	(0.8)
Program rights payments			0.5	1.2
Amortization of investment in films and television programs			0	0
Investment in films and television programs			0	0
Stock compensation (Note 3)			0	0
Share of earnings of consolidated subsidiaries	70.2	79.2	165.8	156.7
Deferred income taxes			0.2	0
Other non-operating and non-cash items			(1.2)	(1.3)
Changes in assets and liabilities:
Current and other assets			0.8	(0.8)
Due to affiliate			0	0
Payables and other liabilities			(15.1)	(13.1)
Net cash provided by (used in) operating activities			0	0
Investing activities:
Purchases of property and equipment			0	0
Proceeds from Equity Method Investment, Dividends or Distributions, Return of Capital				0
Investing activities – purchases of property and equipment			0	0
Financing activities:
Borrowings of debt			0	0
Payments of debt			0	0
Debt issuance costs			0
Borrowings under notes payable to affiliate			0	0
Payments under notes payable to affiliate				0
Net advances to / from affiliate			0	0
Contributions from parent related to exercise of stock options			0	0
Minimum withholding of taxes related to stock compensation			0	0
Excess tax benefit from stock compensation			0	0
Distributions to parent related to repurchases of common stock			0	0
Net cash provided by (used in) financing activities			0	0
Net increase in cash and cash equivalents			0	0
Beginning of period			0	0
End of period	$ 0	$ 0	0	0
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized			0	0
Cash paid for income taxes			$ 0	$ 0