Type | Subsidiary of Liberty Media |
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Industry | Animation, motion pictures, television, home video |
Founded | 2003 (as IDT Entertainment) 2006 (as Starz Media) |
Headquarters | Burbank, California, USA |
Key people | Robert B. Clasen, Chairman, CEO, and President |
Revenue | $187.2 million USD (2005) |
Operating income | $7.5 million USD (2005) |
Parent | Liberty Media |
Website | Official Site |
Starz Media (formerly IDT Entertainment) is the motion picture, animation, television, and home video subsidiary of Liberty Media.
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Starz Media's subsidiaries include:
Starz Media's minority stakes include:
Starz Media/IDT Entertainment have been in charge of the animation production for the following films:
In May 2004, IDT Entertainment purchased a minority share in POW! Entertainment with exclusive distribution rights to POW's animated DVD properties and joint development of 6 cartoon films.[1] On May 16, 2006, IDT agreed to sell its IDT Entertainment division to Liberty Media for "for all of Liberty Media's interests in IDT, $186 million in cash and the assumption of existing indebtedness."[2] On August 31, 2006, the sale of all of IDT Entertainment's US operations and several international operations was completed. "The remainder of the deal, to include the Canadian and Australian operations, is expected to be closed in the next few weeks after regulatory approval has been given."[3] This sale was completed on September 29, 2006.[4] On January 4, 2011, Starz, LLC has agreed to sell 25% of Starz Media to The Weinstein Company.[5]
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