Lionsgate

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Lionsgate

Postby ctaulbee » Fri Jul 01, 2016 12:51 pm

Lionsgate announced today that it has agreed to acquire Starz for $4.4 billion in cash and stock deal. The acquisition creates a global content powerhouse positioned to capitalize on growth opportunities worldwide.

To illustrate the scale of the transaction, the combined company will encompass: a 16,000-title film and television library; the largest independent television business in the world, including 87 original series on 42 U.S. networks; a feature film business that has generated over $7 billion at the global box office over the past four years; operation of or investment in 30 channel platforms around the world, including the flagship STARZ platform reaching 24 million U.S. subscribers, the STARZ ENCORE network with over 32 million subscribers and five OTT services; and a growing presence in location-based entertainment and video games driven by the company's deep portfolio of brands and franchises.


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