Starz Announces New Long-Term First-Run Premium Output Agreement With Sony
Deal Secures Starz as a Premium Pay TV Movie Category Leader With Quality New
Release Movies Through 2021
BEVERLY HILLS, Calif., Feb. 11, 2013
BEVERLY HILLS, Calif., Feb. 11, 2013 /PRNewswire/ --Sony Pictures
Entertainment (SPE) and Starz (NASDAQ: STRZA, STRZB) announced a new,
multi-year agreement that extends their exclusive first-run output premium pay
TV deal. As a result, Starz will have the exclusive pay television rights to
Sony Pictures' theatrical releases through 2021. The previous agreement
between the two companies had covered motion pictures released theatrically
Commencing with 2005 theatrical releases, Starz has been the exclusive
first-run pay television home for the exhibition of Sony Pictures' films
including titles from Columbia Pictures, Sony Pictures Classics, TriStar, and
Screen Gems. The new SPE-Starz agreement provides movie content for all Starz
platforms including its linear STARZ and ENCORE channels in standard
definition and HD, subscription VOD services in standard definition, HD On
Demand and 3D On Demand, and online streaming services, including the recently
launched STARZ PLAY and ENCORE PLAY.Financial terms of the agreement were not
Big, hit Sony titles coming in 2013 exclusively on pay television to the STARZ
channels and services include: The Amazing Spider-Man, 21 Jump Street, Zero
Dark Thirty, The Vow, Men In Black 3, and Resident Evil: Retribution.
"STARZ and ENCORE subscribers have enjoyed the consistently stellar theatrical
product from Sony, and we are thrilled to extend our exclusive partnership
into the next decade," said Chris Albrecht, Starz Chief Executive Officer.
"Starz will continue to offer the richest premium TV viewing experience for
our subscribers and distributors for years to come thanks to STARZ' growing
original programming slate, along with the robust lineup of new blockbuster
Sony releases and our deep movie library."
"Starz has been a terrific partner and we are excited to be extending our
relationship with them through the 2021 slate," said John Weiser, President,
U.S. distribution for Sony Pictures Television.
Starz remains the exclusive home of Disney theatrical releases, including its
Lucasfilm, Marvel and Pixar releases, and their accompanying digital streaming
rights, into 2017.
Starz (NASDAQ: STRZA, STRZB) is a leading integrated global media and
entertainment company with operating units that provide premium subscription
video programming on domestic U.S. pay television channels (Starz Channels),
global content distribution (Starz Distribution) and animated television and
movie production (Starz Animation), www.starz.com.
Starz Channels is a leading provider of premium subscription video programming
through the flagship STARZ^® and ENCORE^® pay TV networks which showcase
premium original programming and movies to U.S. multichannel video
distributors, including cable operators, satellite television providers, and
telecommunications companies. As of September 30, 2012, STARZ and ENCORE
serve a combined 55 million subscribers, including 21 million at STARZ, and 34
million at ENCORE, making them the largest pair of premium flagship channels
in the U.S. STARZ^® and ENCORE^®, along with Starz Channels' third network
MOVIEPLEX^®, air over 1,000 movies monthly across 17 linear networks,
complemented by On Demand and authenticated online offerings through STARZ
PLAY, ENCORE PLAY, and MOVIEPLEX PLAY. Starz Distribution develops, produces
and acquires entertainment content, distributing it to consumers globally on
DVD, digital formats and traditional television. Starz Distribution's home
video, digital media and worldwide distribution business units distribute
original programming content produced by Starz, as well as entertainment
content for itself and third parties. Starz Animation produces animated TV
and movie content for studios, networks, distributors and audiences worldwide.
About Sony Pictures Entertainment:
Sony Pictures Entertainment (SPE) is a subsidiary of Sony Corporation of
America, a subsidiary of Tokyo-based Sony Corporation. SPE's global operations
encompass motion picture production and distribution; television production
and distribution; home entertainment acquisition and distribution; a global
channel network; digital content creation and distribution; operation of
studio facilities; development of new entertainment products, services and
technologies; and distribution of entertainment around the world. For
additional information, go to http://www.sonypictures.com.
Theano Apostolou Paula Askanas
Starz Sony Pictures Entertainment
(424) 204-4052 (o) (310) 244-3790
(917) 576-8395 (c) email@example.com
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