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Los Angeles Times
Los Angeles Times
Business
Anousha Sakoui

Lionsgate looks to spin off film and TV studio, instead of Starz

The much ballyhooed marriage between Lionsgate and Starz may not last much longer — at least in its current form.

After months of talks over separating its businesses, Santa Monica-based Lionsgate Entertainment told investors that it has decided to focus on spinning off the studio behind the "Hunger Games" movie franchise instead of its Starz cable network.

The decision comes after months of talks to sell a stake in Starz, producer of shows such as "Outlander" and "Power," as a way to boost the valuation of the company.

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