Starz Will Rebrand As Lionsgate In Some Countries
CNBC reported it this morning, and a SEC filing confirmed it just a little while later. The company said in the filing, “as negotiations progress we have increased our focus on the possibility of spinning our studio business, creating a number of financial and strategic benefits. In that regard, we are continuing productive negotiations with prospective strategic and financial partners on both sides of our business.” Lionsgate was planning to auction off a 20% stake in the spun-off STARZ....