Starz Chief Warns Investors That “It Will Take Money” To Produce The Original Programs It Needs

Although Starz appears to be off the market for now, CEO Chris Albrecht told investors today that his channel should still be in the catbird seat as digital media grow. But “it will take money” to produce the … Read More »

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Does John Malone Have A Big Deal In Mind For Starz?

Analysts attending Liberty Media’s annual investor day on Thursday will be listening carefully when Starz CEO Chris Albrecht discusses his channel’s plans. His boss, Liberty Chairman John Malone, loves to buy, sell, and swap assets — as long as he can do so without paying a big tax bill. And there’s a growing belief that Malone is positioning Starz for a deal as the company focuses its branding efforts around more than 50 hours of original programs — including Boss, Magic City, Spartacus, and Da Vinci’s Demons — instead of theatrical films from Disney and Sony. For example, BTIG analyst Rich Greenfield says in a blog post today that “a transaction may…be coming to turn Starz into an asset based security” instead of just part of the Liberty Starz tracking stock. Janney Capital Markets’ Tony Wible says that Starz’ “strategic benefits could make it an M&A target.” Maxim Group’s John Tinker agrees that Starz “should be merged into a larger entity.”

Albrecht reinforced those views recently by talking up his desire to have the channel stand out as a premium service. On Friday he elaborated at the Monaco Media Forum on points he made earlier in the week on the Liberty earnings call: The channel scrapped its effort to negotiate a new streaming deal with Netflix because it didn’t set Starz apart from the video pack. Read More »

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Dominic Purcell To Enter ‘Spartacus’ Arena?

Nellie Andreeva

EXCLUSIVE: With … Read More »

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TCA: Chris Albrecht On ‘Spartacus’, Comedy

Nellie Andreeva

Spartacus: Blood and Sand will continue. Ending months of speculation, Starz president and CEO Chris Albrecht confirmed that the costume drama will proceed with Season 2. “We are officially going ahead with the long planned but unfortunately delayed second season of Spartacus,” he said at the opening of Starz’s TCA … Read More »

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Weinsteins Buy 25% Stake In Starz Media

Mike Fleming

Englewood, Colo. and New York, NY (January 4, 2011) – In a significant strategic partnership within the ever-changing home/digital entertainment market, Starz, LLC has agreed to sell The Weinstein Company (TWC) a 25% stake in Starz Media, LLC, a

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Starz Sells Animation Studio Film Roman

By | Monday October 11, 2010 @ 1:48pm PDT
Nellie Andreeva

Chris Albrecht has been unloading assets since he took over Starz as president and CEO last December. Following the July deal with Relativity for Overture, Starz has now found a buyer for its Film Roman, the animation studio behind The Simpsons. Starz has been focusing on its core TV network business, building the channels’ original slate. It continues to operate Anchor Bay Entertainment.

October 11, 2010 – Starz Media, LLC, has reached an agreement to sell its animation studio Film Roman to a group of investors lead by former Film Roman President Scott D. Greenberg. The deal was announced today by Starz, LLC, President and Chief Executive Officer Chris Albrecht, and Greenberg. The terms of the deal will not be disclosed.

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