Media Industry
Industry: Email Alert RSS Feed$1 billion for Starz. (Starz! cable movie network from Encore) (Brief Article)
Broadcasting & Cable, October, 1993 by Brown, Rich
Encore, backed by TCI spin-off company Liberty Media, is planning to launch its upcoming Starz! cable movie network in a big way. In what is being labeled the biggest movie-package deal ever to come out of Hollywood, Encore plans to shell out an estimated $1 billion for rights to show up to 360 theatrical titles from Walt Disney Studios.
The deal runs seven years for Disney's Touchstone and Hollywood Pictures, beginning in 1997, and 10 years for Miramax, beginning in 1994. Titles will appear on Starz!, a first-run pay TV multiplex service, when it launches in January 1994, and will later appear on the company's other planned movie channels. The Encore-Disney deal fans flames lit last month in Viacom's antitrust suit against TCI. Viacom charges that...
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