Tuesday, September 23, 2014

Starz


Starz, the media company (and long-time owner of Film Roman), is putting itself through some changes.

Starz Puts Itself Up For Acquisition, Meets With Fox for Potential Bid

The premium cable company's market value is currently $3.2 billion, Discovery is said to be interested


Starz is shopping itself for possible acquisition, taking a meeting on Tuesday with 21st Century Fox, according to individuals with knowledge of the encounter.

Starz could be a valuable asset to the right media company. The premium cable company could be valued at more than $3.2 billion based on its share price of $29.58 on Tuesday.

One individual close to the discussions said Discovery Communications was an interested bidder. The Walt Disney Co., which does not have a premium cable channel and whose CEO Bob Iger has acquired numerous assets in recent years, could be another potential buyer ...

The one constant in 20th century America is ... the Sherman Anti-Trust Act is a quaint relic from the 19th century, and we're done with it.

Starz has talked about spinning off Film Roman for some time. (They acquired it eight years back.)

But I wonder how a corporate acquisition by an outside party would impact the crew of the Yellow Family? (I mean, Diz Co. owning yet another animation studio? That produces The Simpsons? At least if Fox picked up Starz, the prime time cartoon would be coming full circle.)

We'll just have to wait and see who buys the corporation, and then make wise-ass comments.

1 comments:

Chris Sobieniak said...

Lord knows we won't hear the end of it!

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