The studio is looking to unlock hidden value in the premium cable channel as it expands in the streaming space with popular shows like 'Power' and 'Outlander.'
Lionsgate is weighing whether to spin off Starz, the studio's fast-expanding premium cable channel, The Hollywood Reporter has confirmed.
But it's understood a corporate spinoff is one strategic option under consideration at Lionsgate, although picking the right market conditions is thought to be a key concern.
No decision has yet been taken, sources say, as the studio has in part been reacting to outside calls from Wall Street players looking to unlock hidden value at Starz.
The Hollywood studio offered no comment on a report in The Wall Street Journal, which first broke the news.
