Starz will look for buyer after spinoff, source says

12/5/2012 | Wall Street Journal, The

Premium cable network Starz, after it formally separates from parent Liberty Media early next year, reportedly will begin talking with companies interested in buying the channel. That plan is said to have been a major factor in the network's negotiations over its TV rights to Disney movies, which were snapped up by Netflix in a deal said to be valued at $300 million a year. "Some buyers wouldn't want to take over a company that's burdened with giant cost increases," a source said.

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