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Starz CEO Jeff Hirsch Calls It Misunderstood Asset As He Pitches Wall Street On Standalone Stock
With Lionsgate Studios and Starz set to complete their separation in mid-January, the CEO of the latter made the case for a new Nasdaq-listed stock.
With Lionsgate Studios and Starz set to complete their separation by mid-January, the CEO of the latter made the case for why investors should buy a new Nasdaq-listed STRZ stock, calling it “a misunderstood asset.” “I think there’s an opportunity once we separate, once we have our own balance sheet and a currency, to go out and acquire some of those linear assets … to expand the revenue base away from SVOD to having an AVOD that focuses in demos that we have through a little bit of M&A.” “I think we’ve done a really good job of serving the African American and female audience” led by the Power franchise and Outlander, which has a prequel coming out next summer.
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