Starz wasn’t John Malone’s most successful investment. But it may be his most symbolic.
The media mogul once controlled Starz as an independent company. In 2016, he merged it with Lionsgate, another company he owned a piece of at the time. A year before that deal closed, Malone explained he hoped the deal would be the first of several.
“Lionsgate could buy Starz and potentially other free radicals in the industry,” he said.
Starz could turn into an 'acquisition machine' after Lionsgate spins it off
A publicly traded Starz may look to increase in size by targeting other subscale media and entertainment companies.
Lots of this is on how Lionsgate will adapt to the streaming age.