MCN Breaking News: Lionsgate Agrees to Buy Starz For $4.4 Billion
June 30, 2016
Lionsgate Agrees to Buy Starz For $4.4 Billion
After months of dancing around the issue, movie studio Lionsgate has pulled the trigger on a deal to acquire premium channel Starz in a cash and stock deal valued at $4.4 billion, creating a "global content powerhouse" in movie and television production and distribution. Mike Farrell reports.