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Lionsgate to Explore Starz Spin-Off or Sale

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thewrap.com

Lionsgate is looking into its options regarding the pay-TV channel Starz, which could be either a spin-off into its own company or an outright sale.The company said Thursday in a filing related to the studio’s quarterly earnings stated in a filing on Thursday that its board of directors had authorized management “to explore potential capital markets alternatives for its Media Networks business (STARZ) including, but not limited to, a full or partial spin-off, split-off, issuance of a tracking stock or other transactions.”Starz has 30 million global subscribers, with 18 million of them via the StarzPlay streaming service.

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