CBS made informal offer to buy Starz – The Information

(Reuters) – CBS Corp has expressed interest in acquiring cable channel Starz from Lions Gate Entertainment, the Information reported on Friday, citing four people familiar with the situation. CBS has been looking at the deal as a possible complement to Viacom Inc, which CBS also is considering purchasing, the report said. Shares of Lions Gate rose nearly 13% on the report. CBS and Lions Gate did not immediately respond to a Reuters request for comment.

Written by ideasexplorer

An incurably curious mind that loves to learn about culture, society, history, the environment, and so much more! Join me in exploring the ideas of yesterday, today, and tomorrow!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: