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Sony Stays With Starz Through 2021

Light Reading
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Light Reading
2/11/2013
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BEVERLY HILLS, Calif. -- Sony Pictures Entertainment (SPE) and Starz (NASDAQ: STRZA, STRZB) announced a new, multi-year agreement that extends their exclusive first-run output premium pay TV deal. As a result, Starz will have the exclusive pay television rights to Sony Pictures’ theatrical releases through 2021. The previous agreement between the two companies had covered motion pictures released theatrically through 2016. Commencing with 2005 theatrical releases, Starz has been the exclusive first-run pay television home for the exhibition of Sony Pictures’ films including titles from Columbia Pictures, Sony Pictures Classics, TriStar, and Screen Gems. The new SPE-Starz agreement provides movie content for all Starz platforms including its linear STARZ and ENCORE channels in standard definition and HD, subscription VOD services in standard definition, HD On Demand and 3D On Demand, and online streaming services, including the recently launched STARZ PLAY and ENCORE PLAY. Financial terms of the agreement were not disclosed. Starz Entertainment LLC

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