Weinstein buys a stake in Starz Media


The Weinstein Company is buying a 25% stake in Starz Media. Terms were not disclosed.

Starz continues to be a controlled subsidiary of Liberty Media. It is part of the tracking stock Liberty Starz, which trades on Nasdaq as LSTZA.

Starz Media is a programming production, home entertainment and international TV distribution company which includes Anchor Bay Entertainment and other TV/home entertainment assets.

The Weinstein Company is a multimedia company launched in October 2005 by Bob and Harvey Weinstein, the brothers who founded Miramax Films in 1979.  TWC also encompasses Dimension Films, the genre label founded in 1993 by Bob Weinstein.

Anchor Bay has now entered into a multi-year domestic distribution agreement for new theatrical content from The Weinstein Company and its Dimension Films label. The home/digital entertainment deal, which does not include television rights but spans Blu-ray, DVD and EST/VOD/PPV electronic/digital distribution, covers up to 20 The Weinstein Company and Dimension titles per year.