Jeff Hirsch, Starz president and CEO, joins 'Squawk Box' to discuss the separation from Lionsgate, content spending, state of the media landscape, subscriber growth, and more.

Starz reversed recent U.S. subscriber losses but disclosed a restructuring charge of $177.4 million due to a "reassessment" of its content portfolio.

Key Details: Subscriber jump: The STARZ streaming service gained more than 500,000 customers in the quarter. Taking a haircut: The company also disclosed a restructuring charge of $177.4 million.