Starz Distribution

Starz Distribution
Industry Animation, motion pictures, television, home video
Founded 2003 (as IDT Entertainment)
2006 (as Starz Media)
2013 (as Starz Distribution)
Defunct 2006 (as IDT Entertainment)
2013 (as Starz Media)
Headquarters Burbank, California, USA
Key people
 Chris Albrecht, CEO
Parent Starz Inc. (75%)
The Weinstein Company (25%)
Website www.starz.com

Starz Distribution (formerly IDT Entertainment, and Starz Media) is the motion picture, animation, television, and home video operating unit of Starz Inc. (NASDAQ: STRZA, STRZB). Starz Distribution develops, produces, and acquires original programming content (STARZ and AMC), feature films (The Weinstein Company, Anchor Bay Films, RADiUS-TWC), anime (Manga Entertainment) and other filmed entertainment. Distribution methods include DVD, digital formats and traditional television.[1]

On January 4, 2011, The Weinstein Company purchased a 25% stake in the operating unit. While not including TV rights, the deal spans Blu-ray, DVD and VOD, pay-per-view and digital distribution and covers up to 20 TWC and Dimension titles per year. They include The King's Speech, Blue Valentine and Company Men.[2]

Subsidiaries

Starz Distribution's subsidiaries include:

Minority Stakes

Starz Distribution's minority stakes include:

Animated films

Starz Distribution/IDT Entertainment have been in charge of the animation production for the following films:

Live-action films

History

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.[3] On May 16, 2006, IDT agreed to sell its IDT Entertainment division to Liberty Media "for all of Liberty Media's interests in IDT, $186 million in cash and the assumption of existing indebtedness."[4] 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."[5] This sale was completed on September 29, 2006.[6] On January 4, 2011, Starz, LLC has agreed to sell 25% of Starz Media to The Weinstein Company.[7] On January 11, 2013, Liberty Media Corp completed the “spin-off” of its Starz Entertainment segment as a separate entity. Under this new structure, the entity that was known as “Starz Media” became Starz Distribution.[8]

References

  1. ↑ Starz (STRZA.O) "Reuters.com"
  2. ↑ Weinstein Company Acquires 25 Percent Stake in Starz Media "The Hollywood Reporter" Jan 4, 2011
  3. ↑ Graser, Marc (May 7, 2004). "IDT joins Lee in POW! to distrib toon DVDs". Daily Variety. Retrieved 28 June 2011.
  4. ↑ IDT Corporation - Press Releases
  5. ↑ UK Film and Television News - Liberty Completes First Stage of IDT Acquisition
  6. ↑ IDT Corporation - Press Releases
  7. ↑ Weinsteins Buy 25% Stake In Starz Media, deadline.com
  8. ↑ "Liberty Media Corporation and Starz Announce Completion of Spin-Off". Retrieved 2013-01-11.

External links