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Lions Gate Said to Be in Advanced Talks to Acquire Starz

  • Lions Gate near deal to buy premium movie cable channel
  • Deal could still fall apart as Rachesky, Malone push for terms
Starz CEO Chris Albrecht.

Starz CEO Chris Albrecht.

Photographer: Brent N. Clarke/FilmMagic
Updated on

Lions Gate Entertainment Corp., the studio that produced “The Hunger Games” and “Mad Men,” is in advanced talks to acquire premium cable channel Starz, according to people with knowledge of the matter.

A deal, which would value Starz at more than $30 per share, could be announced in the next few days, said the people, who asked not to be identified because the information is private. An agreement hasn’t been reached and talks could still fall apart, the people said.