STARZ finally replaces former CEO, Chris Albrecht who left the company earlier this year. The new CEO and President, Jeffrey Hirsch, is no stranger to the company as he was promoted from his position of COO (a position he held since 2016).
“Jeff continues to lead Starz’s transformation into one of the world’s premier subscription platforms,” Feltheimer said. “He has a clear strategic vision, a great understanding of where our business is headed and strong relationships that will all contribute to Starz’s continued strong growth and evolution.”
I am excited to have the opportunity to lead Starz into the future alongside Jon and our team. Over the last several years, Starz has been on the leading edge of innovation across our industry, transitioning to a digital world with the launch of our app and OTT business and most recently through the expansion of our global footprint. As our evolution continues, our remarkable lineup of premium original series and vast library of content will drive both our domestic and international growth as we look to capture new audiences and subscribers around the world.Jeffrey Hirsch
Albrecht left after a decade at the company, and two years after Starz’s acquisition by Lionsgate was completed amid the continued unification of the two companies.
STARZ says that it expects to have as many as 15 million-20 million international subscribers by 2025. This, despite news that Comcast, a leading cable provider in the United States, announced that they plan to drop the network from their line up.
Starz has more than 4.4 million domestic OTT subscribers with launches during the last year on Apple, Hulu, Roku, YouTube TV, and other platforms.