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Distribution arm of Starz Inc. From Wikipedia, the free encyclopedia
Starz Distribution, formerly IDT Entertainment from 2003 to 2006 and Starz Media from 2006 to 2013, is an American television production, distribution, and syndication company and the distribution arm of Starz Inc., a subsidiary of Lionsgate, established in 2003. It develops, produces and acquires original programming content branded as Starz Originals, feature films and other audiovisual programming for distribution across television, home video and streaming media.[1]
 | |
| Formerly |
|
|---|---|
| Company type | Subsidiary |
| Industry | |
| Founded | 2003 (as IDT Entertainment) |
| Headquarters | Burbank, California, U.S. |
Key people | Jeffrey Hirsch (CEO) |
| Parent | IDT Corporation (2003–2006) Starz Inc. (2006–present) |
| Divisions |
|
| Website | www |
In November 2003, IDT Corporation, a telecommunications company based in New Jersey, formed an audiovisual entertainment division known as IDT Entertainment following Digital Production Solutions (DPS)' acquisition of a controlling interest in animation studio Film Roman in May and a minor interest in Vanguard Animation in July.[2] Later on in the year, it acquired Troy, Michigan-based home video distributor Anchor Bay Entertainment, and stakes in Mainframe Entertainment and Archie Comics (in January 2004) and in March 2004, IDT's DPS also acquired Toronto-based DKP Studios for an undisclosed price and turned it into their own animation studio.[3][4]
In May 2004, IDT Entertainment announced that it would acquire Manga Entertainment and a minority share in POW! Entertainment with exclusive distribution rights to POW's animated DVD properties and joint development of 6 cartoon films.[5][6][7] In June 2004, IDT Entertainment founded its international sales division, IDT Entertainment Sales (later renamed as Starz Worldwide).[8] In 2005, IDT signed a deal with 20th Century Fox.[9] On May 16, 2006, IDT agreed to sell its IDT Entertainment division to Liberty Media (owners of the Starz Entertainment Group) "for all of Liberty Media's interests in IDT, $186 million in cash and the assumption of existing indebtedness."[10] On August 31, 2006, the sale of all of IDT Entertainment's US operations and several international operations was completed. "The remainder of the deal, to include the Canadian and Australian operations, is expected to be closed in the next few weeks after regulatory approval has been given."[11] This sale was completed on September 29, 2006.[12] Liberty then merged IDT Entertainment and its divisions with the Starz cable network to form Starz Media.
On January 4, 2011, The Weinstein Company purchased a 25% stake in the operating unit. While not including TV rights, the deal spans Blu-ray, DVD and VOD, pay-per-view and digital distribution and covers up to 20 TWC and Dimension titles per year. They include The King's Speech, Blue Valentine and Company Men.[13] Starz acquired the 25% stake owned by Weinstein in October 2015.[14]
On January 11, 2013, Liberty Media Corporation completed the "spin-off" of its Starz Entertainment segment as a separate entity. Under this new structure, the entity that was known as "Starz Media" became Starz Distribution.[15]
In November 2015, Waterman Entertainment purchased Film Roman from Starz Distribution.[16]
On December 8, 2016, Lionsgate purchased Starz Inc. for $4.4 billion.[17]
Starz Distribution previously held minority stakes in:
Starz Distribution/IDT Entertainment have been in charge of the animation production or distribution of the following films:
Theatrical
TV specials
Direct-to-Video
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