Starz Inc.

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Starz Inc.
Public
Traded as <templatestyles src="Plainlist/styles.css"/>
Industry Broadcasting & Cable TV
Predecessor <templatestyles src="Plainlist/styles.css"/>
  • Liberty Media Group
  • Liberty Starz
Founded <templatestyles src="Plainlist/styles.css"/>
  • 1991 (1991) – Liberty Media Group launches Encore Movie Group (which later became Starz Entertainment)[1]
  • January 11, 2013 (2013-01-11) – Starz becomes independent entity through legal spin-off[2]
Headquarters Meridian, Colorado
Key people
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Revenue $1.631 billion[3]
$445 million[4]
Divisions <templatestyles src="Plainlist/styles.css"/>
Website www.starz.com

Starz Inc. (formerly Encore Media Group (1991–2001), Starz Encore Group (2001–2004), Starz Entertainment Group (2004–2009), and Liberty Starz (2009–2013) is an American entertainment company that owns U.S. pay television channels, a media distribution company, and animated television and movie production.[5] The company is headquartered at Meridian, Colorado and uses nearby Englewood as its location in corporate filings and press releases.

History

Liberty Starz (formerly Starz Entertainment) started as a wholly owned television programming subsidiary and a joint venture of Liberty Media. Liberty Media split Starz Entertainment into a separate tracking stock on November 19, 2009. This tracking stock was not a separate company. Starz Entertainment was wholly owned by Liberty Media, until January 4, 2011 when The Weinstein Company acquired 25% of one of the operating units.[6] The arrangement included a five-year distribution deal under which Starz Media's Anchor Bay Entertainment would release new Weinstein Co. films on DVD and Starz Distribution (formerly Starz Digital Media) would handle online downloads and streaming.[7]

On August 8, 2012, Liberty Media announced that it would spin-off Liberty Starz into a separate public company; the transaction includes about $1.5 billion of debt. The spin-off of the subsidiary was expected to be completed by the end of 2012,[8] but was actually completed on January 11, 2013. As a result of the spin-off, Liberty Starz changed its name to "Starz Inc."[9] Starz's businesses and assets consist of Starz Networks, Starz Distribution, and its minority stake in Arc Productions.

Starz Networks

Starz Networks currently consists of 17 American cable TV channels. As of December 31, 2012, Starz and Encore serve a combined 56 million subscribers, including 21 million at STARZ, and 35 million at Encore. Starz, Encore, and MoviePlex air over 1,000 movies monthly across 17 linear networks, On Demand, and online offerings through Starz Play, Encore Play, and MoviePlex Play.[10]

List of Starz-owned channels

  • MoviePlex
    • MoviePlex
    • IndiePlex
    • RetroPlex
  • Starz
    • Starz
    • Starz Cinema
    • Starz Comedy
    • Starz Edge
    • Starz In Black
    • Starz Kids & Family
  • Starz Encore
    • Starz Encore
    • Starz Encore Action
    • Starz Encore Black
    • Starz Encore Classic
    • Starz Encore Español
    • Starz Encore Family
    • Starz Encore Suspense
    • Starz Encore Westerns

References

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  5. STARZ to Ring The NASDAQ Stock Market Opening Bell "Nasdaq.com" January 24, 2013
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External links