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Broadcasting & Cable
Broadcasting & Cable
Business
Jack Reid

Starz Faces Nebulous Future: Premium Channel Cuts Staff, Shows and Entire Countries as Parent Lionsgate Gets Ready To Push It Off the Balance Sheet Next Year

Starz Lionsgate.

Ahead of its separation from parent Lionsgate, premium network and streaming service provider Starz plans to reduce its staff of 670 employees by more than 10%.

News of the layoffs came in a memo sent to staffers by Starz CEO Jeffrey Hirsch on Friday, followed by a company-wide town hall meeting.

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