Lionsgate announced it has agreed to acquire premium cable network Starz for $4.4 billion in cash and stock. Starz president and CEO Chris Albrecht, who just signed a new contract that runs through 2020, is expected to continue running Starz. It is not clear if the deal would have any impact on Lionsgate’s stake in Epix, which the company owns with Viacom and MGM, and serves as the pay TV home to Lionsgate films. The deal will bring 17 Starz- and Encore-branded channels and Anchor Bay Entertainment video distribution to Lionsgate. Continue reading Lionsgate to Purchase Premium Channel Starz for $4.4 Billion

During an investor day in New York on Tuesday, CBS chairman and CEO Les Moonves unveiled the network’s five-year business plan, which intends to ramp up business online and overseas, and cash in on retransmission fees in order to increase overall revenue by $3.75 billion. To help achieve its goal, the company plans to reach 8 million subscribers for its OTT services — CBS All Access and Showtime streaming — and add another 4 million subs for its skinny bundle packages. Sources also indicate that CBS has expressed interest in adding Starz to its cable portfolio. Continue reading CBS Five-Year Plan Looks to Expand OTT and Skinny Bundles

HBO is expected to offer its Web-only subscription service this spring. According to Parks Associates, the move could have an impact on the pay TV business since 17 percent of homes with high-speed Internet indicate plans to subscribe to the OTT service. And while 88 million U.S. households currently have broadband, that percentage potentially represents nearly 15 million subscribers. Following a strong media reaction, Parks followed up by clarifying that the data is a measure of sentiment and placing numbers on potential cord cutters may be premature. Continue reading Parks Research Predicts Early Adopters of HBO Online Service

Digital Cinema is a hot topic this week at CinemaCon in Las Vegas on two specific fronts: the pursuit of alternative content to help fill theater seats during weeknights, and the need for a cost-effective electronic delivery system to transmit content to theaters. Still in its infancy, alternative content has already seen a number of success stories, including Met Live in HD (the Metropolitan Opera) and a 3D broadcast of the 50th-anniversary special of the BBC’s “Doctor Who.” Continue reading CinemaCon: Exhibitors Hope Alternative Content Will Fill Seats

In an effort to convince customers that pay TV is worth the cost, Verizon is expanding its live TV streaming options to allow FiOS subscribers to watch local CBS and Fox stations at home on mobile devices. The company is also adding 16 available-for-viewing cable channels to its out-of-home live TV streaming for a total of 25. Still, those channels do not include broadcast channels or many popular cable nets. Such multiplatform rights have proven difficult to for cable providers to obtain. Continue reading Verizon Expands In-Home Device Streaming with CBS and Fox