Starz Distribution Explained

Starz Distribution
Type:Subsidiary
Key People:Chris Albrecht (CEO)
Parent:Starz Inc.
Foundation: (as IDT Entertainment)
Location:Burbank, California, U.S.

Starz Distribution, formerly IDT Entertainment from 2004 to 2007 and Starz Media from 2007 to 2013 is the distribution arm of Starz Inc., a subsidiary of Lionsgate, established in 2003. It develops, produces and acquires original programming content branded as Starz Originals, feature films and other audiovisual programming for distribution across television, home video and streaming media.[1]

History

In November 2003, IDT Corporation, a telecommunications company based in New Jersey, formed an audiovisual entertainment division known as IDT Entertainment following Digital Production Solutions (DPS)' acquisition of a controlling interest in animation studio Film Roman in May and an minor interest in Vanguard Animation in July.[2] Later on in the year, it acquired Troy, Michigan-based home video distributor Anchor Bay Entertainment, and stakes in Mainframe Entertainment and Archie Comics (in January 2004) and in March 2004, IDT's DPS also acquired Toronto-based DKP Studios for an undisclosed price and turned it into their own animation studio.[3] [4]

In May 2004, IDT Entertainment announced that it would acquire Manga Entertainment and a minority share in POW! Entertainment with exclusive distribution rights to POW's animated DVD properties and joint development of 6 cartoon films.[5] [6] [7] In June 2004, IDT Entertaimment founded its international sales division, IDT Entertainment Sales (later renamed as Starz Worldwide).[8] In 2005, IDT signed a deal with 20th Century Fox.[9] On May 16, 2006, IDT agreed to sell its IDT Entertainment division to Liberty Media (owners of the Starz Entertainment Group) "for all of Liberty Media's interests in IDT, $186 million in cash and the assumption of existing indebtedness."[10] On August 31, 2006, the sale of all of IDT Entertainment's US operations and several international operations was completed. "The remainder of the deal, to include the Canadian and Australian operations, is expected to be closed in the next few weeks after regulatory approval has been given."[11] This sale was completed on September 29, 2006.[12] Liberty then merged IDT Entertainment and its divisions with the Starz cable network to form Starz Media.

On January 4, 2011, The Weinstein Company purchased a 25% stake in the operating unit. While not including TV rights, the deal spans Blu-ray, DVD and VOD, pay-per-view and digital distribution and covers up to 20 TWC and Dimension titles per year. They include The King's Speech, Blue Valentine and Company Men.[13] Starz acquired the 25% stake owned by Weinstein in October 2015.[14]

On January 11, 2013, Liberty Media Corporation completed the "spin-off" of its Starz Entertainment segment as a separate entity. Under this new structure, the entity that was known as "Starz Media" became Starz Distribution.[15]

In November 2015, Waterman Entertainment purchased Film Roman from Starz Distribution.[16]

On December 8, 2016, Lionsgate purchased Starz Inc. for $4.4 billion.[17]

Former assets

Starz Distribution previously held minority stakes in:

Live-action films

Animated films

Starz Distribution/IDT Entertainment have been in charge of the animation production or distribution of the following films:

Theatrical

TV specials

Direct-to-Video

Notes and References

  1. Web site: Starz (STRZA.O). https://web.archive.org/web/20140225174221/http://www.reuters.com/finance/stocks/companyProfile?symbol=STRZA.O. dead. February 25, 2014. Reuters. March 28, 2016.
  2. IDT Pulls Holdngs Under IDT Ent. Umbrella. Animation World Network. November 11, 2003. June 30, 2024.
  3. News: IDT Entertainment Completes Acquisition of Anchor Bay Entertainment. IDT Corporation. December 11, 2003. June 30, 2024.
  4. Web site: IDT Entertainment Acquires DKP Effects Digital Production Facility. IDT Corporation. March 16, 2004. June 30, 2024.
  5. News: Manga fruit of IDT spree. Variety. May 13, 2004. June 30, 2024.
  6. News: IDT Acquiring Anime Giant Manga Ent. Animation World Network. May 13, 2004. June 30, 2024.
  7. News: Graser. Marc. IDT joins Lee in POW! to distrib toon DVDs. https://web.archive.org/web/20121106054814/http://www.highbeam.com/doc/1G1-117449502.html. dead. November 6, 2012. June 28, 2011. Daily Variety. May 7, 2004.
  8. IDT Entertainment Announces Formation of IDT Entertainment Sales . IDT Corporation . June 17, 2004 . 30 June 2024.
  9. Web site: Fritz. Ben. Brodesser. Claude. 2005-06-08. IDT animated over 20th. 2020-09-30. Variety. en.
  10. Web site: IDT Corporation – Press Releases . March 18, 2009 . July 23, 2011 . https://web.archive.org/web/20110723122112/http://www.idt.net/about/press/story.aspx?id=15601 . dead .
  11. http://www.4rfv.co.uk/industrynews.asp?ID=54543 UK Film and Television News – Liberty Completes First Stage of IDT Acquisition
  12. Web site: Liberty Completes Final Stage of IDT Entertainment Acquisition . IDT Corporation . dead . https://web.archive.org/web/20061005090217/http://www.idt.net/about/press/story.aspx?id=17264 . October 5, 2006 . May 15, 2017.
  13. Web site: Weinstein Company Acquires 25 Percent Stake in Starz Media. The Hollywood Reporter. January 4, 2011. March 28, 2016.
  14. Web site: Starz - Annual Report. https://web.archive.org/web/20160229152656/http://ir.starz.com/secfiling.cfm?filingID=1507934-16-127&CIK=1507934. February 29, 2016. February 22, 2016.
  15. Web site: Liberty Media Corporation and Starz Announce Completion of Spin-Off. Reuters. January 11, 2013. dead. https://web.archive.org/web/20140203035120/https://www.reuters.com/finance/stocks/STRZA.O/key-developments/article/2673408. February 3, 2014. mdy-all.
  16. Web site: 'Simpsons' Animator Film Roman Bought by Waterman Entertainment. McNary. Dave. Variety. 20 November 2015. November 12, 2015.
  17. News: Lionsgate Closes Deal To Buy Starz. Lieberman. David. December 8, 2016 . Deadline. en-US. December 9, 2016.