CBS came close to acquiring Starz in 2016 but lost a bidding war to Lions Gate, which bought the company for $4.4 billion
Roxane Mesquida and Kelli Berglund, two of the stars of Starz’s ‘Now Apocalypse’ series, are seen in January at the Sundance Film Festival in Park City, Utah. Photo: Michael Loccisano/Getty Images By Joe Flint May 17, 2019 4:30 p.m. ET CBS Corp. CBS -0.02% has had talks with Lions Gate Entertainment Corp. LGF.B 12.49% about acquiring its pay-TV channel Starz, according to people familiar with the matter.
The Information earlier reported on the talks about a potential Starz sale to CBS. Lions Gate’s stock rose 15% on Friday following the report. CBS and Viacom have twice in recent years tried to recombine but have been unable to come to terms on a deal.
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