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Starz & BritBox Launching New Bundle, Lionsgate On Track To Split By Year End, CEO Says After Mixed Earnings Report
Starz and BBC Studios’ BritBox are launching a new bundle, said Lionsgate CEO Jon Feltheimer, as the company is set to split in two by year end.
Starz and BBC Studios’ BritBox will come together on a new bundle next quarter as streamers big and small continue to pair up, said Lionsgate CEO Jon Feltheimer. Starz’ strong core demos “make it a bundling partner of choice,” he added on a call after the company reported earnings for the June quarter. “In television, we’re reducing the number of combined Lionsgate and eOne producer deals by 70% with $30 million in projected annualized savings,” he said on a call after quarterly earnings.
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