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entertainment media/telecom

Roku, Apollo Bid for Stake in Starz

By
Jessica Toonkel
· · Source: The Wall Street Journal

Roku and Apollo Global Management have partnered to bid for a minority stake in premium TV network and streaming service Starz, according to The Wall Street Journal. Starz parent Lions Gate said earlier in November  that it was exploring options, including a possible spin off of Starz, which it bought in 2016 for $4.4 billion. Lions Gate is seeking a valuation of more than $3.5 billion for...

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