WHY THIS MATTERS:This comes as the industry and Wall Street are concerned about the impact of cord cutting and cord shaving on the financial health of the pay TV ecosystem.
An attempt to buy Starz by CBS was rejected by John Malone, a major stockholder in both Starz and Lionsgate, which ended up buying the premium cable network. In a new SEC filing, Starz identifies two companies other than Lionsgate making offers for Starz. In separate notes Monday, analysts Todd Juenger of Sanford C. Bernstein and Rich Greenfield of BTIG are pretty sure that "Company A" in the filing is CBS.