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entertainment media/telecom

Lionsgate Reports Streaming Subs Exceed Cable Subscribers

By
Jessica Toonkel
· · Source: The Information

Lionsgate Entertainment reported that for the first time ever it has more streaming subscribers (16.7 million) than TV subscribers (12.8 million) at its Starz cable network,a potential inflection point for the company. As more viewers cancel cable in favor of streaming services, it is becoming increasingly important for entertainment companies like Lionsgate to expand these streaming businesses....

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