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July 02, 2015 5:57 AM ET

Media

Company Overview of Starz, LLC

Company Overview

Starz, LLC, through its subsidiaries, operates as a media and entertainment company worldwide. The company provides premium subscription video programming services to multichannel video distributors, including cable operators, satellite television providers, and telecommunications companies through STARZ and ENCORE pay TV networks, which showcase contemporary hit movies, original series, first-run movies, and documentaries, as well as through MoviePlex that offers art house, independent films, and classic movie library content. It also develops, produces, acquires, and distributes entertainment content to consumers on DVD, digital formats, and traditional television. The company sells or ren...

8900 Liberty Circle

Englewood, CO 80112

United States

Founded in 2013

Phone:

720-852-7700

Key Executives for Starz, LLC

Chief Executive Officer
Age: 62
President
Age: 56
Chief Financial Officer, Principal Accounting Officer, Executive Vice President and Treasurer
Age: 54
Managing Director
Age: 55
Compensation as of Fiscal Year 2015.

Starz, LLC Key Developments

Starz, LLC Announces Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Starz, LLC announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, total revenue was $410.1 million compared to $517.5 million a year ago. Operating income was $104.8 million compared to $116.2 million a year ago. Income before income taxes was $104.0 million compared to $104.3 million a year ago. Net income was $69 million or $0.62 diluted per share compared to $66 million or $0.52 diluted per share a year ago. Net income attributable to stockholders was $70.1 million compared to $63.9 million a year ago. For the six months, total revenue was $830.1 million compared to $916.8 million a year ago. Operating income was $218.3 million compared to $221.0 million a year ago. Income before income taxes was $206.5 million compared to $197.4 million a year ago. Net income was $135.8 million or $1.18 diluted per share compared to $124.2 million or $0.98 diluted per share a year ago. Net income attributable to stockholders was $135.0 million compared to $121.8 million a year ago. Net cash provided by operating activities was $60.0 million compared to $141.1 million a year ago. Purchases of property and equipment were $3.2 million compared to $3.1 million a year ago. Total debt was $1,115.3 million compared to $1,012.6 million a year ago.

Starz LLC Promotes John B. Penney to Chief Strategy Officer

Starz CEO Chris Albrecht announced the promotion of John B. Penney to the position of Chief Strategy Officer for Starz, LLC. He will work with the CEO, executive committee, as well as heads of the business units, to extend Starz's corporate and business growth strategies. In this role, Penney will develop and implement strategic initiatives including partnerships, ventures and innovative models for new business opportunities across the Starz family of companies. Previously at Starz, Penney held the position of Executive Vice President, Strategy and Business Development. He will continue to report into Albrecht in the Beverly Hills offices. Prior to joining Starz, Penney was President and Head of Corporate Development of Foresee Entertainment, a media and entertainment company he co-founded with current Starz CEO, Chris Albrecht in 2008.

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