Lionsgate is in the initial stages of spinning off its premium movie service Starz, the company’s CEO affirmed on Friday.
Roku and a private equity firm are exploring a minority investment in Starz, with media experts suggesting it could be a preliminary step before a full-on acquisition.
Roku has landed the exclusive rights to stream films and TV shows from Lionsgate as part of a new deal announced on Tuesday.
Starz is offering a deep discount on its Internet-based streaming television service.
Disney will pay $10 million to Lionsgate in order to use the Star Plus brand for its streaming service in Brazil.
A judge in Brazil says Disney’s forthcoming streaming service “StarPlus” is too similarly named compared to Lionsgate’s “StarzPlay.”
Lionsgate has filed a series of trademark infringement lawsuits against the Walt Disney Company in several Latin American countries.
Lionsgate says its premium pay television network Starz now has more than 29.5 million global subscribers.
The average American household dropped more money on streaming television services in 2020 compared to the previous year.
Fubo TV subscribers will soon be able to add Starz and Epix’s multiplex of channels on top of their subscriptions.