Distribution arm of Starz Inc.
Starz Distribution, formerly IDT Entertainment and Starz Media 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 2003, IDT Corporation, a telecommunications company based in New Jersey, formed an audiovisual entertainment division known as IDT Entertainment following its acquisition of animation studio Film Roman. Later on in the year, it acquired Anchor Bay Entertainment, owned DPS, and stakes in Mainframe Entertainment and Vanguard Animation, and also acquired DKP Studios and turned it into their own animation studio.
In May 2004, IDT Entertainment purchased a minority share in POW! Entertainment with exclusive distribution rights to POW's animated DVD properties and joint development of 6 cartoon films.[2] In 2005, IDT signed a deal with 20th Century Fox.[3] On May 16, 2006, IDT agreed to sell its IDT Entertainment division to Liberty Media "for all of Liberty Media's interests in IDT, $186 million in cash and the assumption of existing indebtedness."[4] 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."[5] This sale was completed on September 29, 2006.[6] 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.[7] Starz acquired the 25% stake owned by Weinstein in October 2015.[8]
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.[9]
In November 2015, Waterman Entertainment purchased Film Roman from Starz Distribution.[10]
On December 8, 2016, Lionsgate purchased Starz Inc. for $4.4 billion.[11]
