Starz Encore and Comcast Announce Bank Approval of Affiliation Agreement
"We are delighted at the speedy action by our lenders to approve our new agreement with Comcast," said Starz Encore Chairman, Founder and CEO John J. Sie. "We can now move full speed ahead to deliver to Comcast's customers a host of new services including Starz On Demand, Encore On Demand, STARZ! HD, and STARZ! Kids.
About Starz Encore
Starz Encore Group LLC (Starz Encore) is the largest provider of premium movie services in the United States with approximately 142 million pay units. Starz Encore offerings include the Starz Super Pak(R), with up to 13 digital movie channels and about 800 movies per month, Starz On Demand(R), the only on-demand pay TV subscription service available on cable, satellite, and broadband platforms, and a suite of advanced video offerings, including STARZ! HD(SM), STARZ! Hi Res(SM), and Starz On Demand HD(SM). Starz Encore is a wholly-owned subsidiary of Liberty Media Corporation (NYSE: L, LMCb),
Headquartered in Philadelphia, Comcast Cable is a division of Comcast Corporation (Nasdaq: CMCSA, CMCSK) a developer, manager and operator of broadband cable networks and provider of programming content. Operating in 17 of the United States' 20 largest metropolitan areas, Comcast is one of the leading communications, media and entertainment companies in the world. Providing basic cable, Digital Cable, high-speed Internet and telephone services, Comcast is the company to look to first for the communications products and services that connect people to what's important in their lives. The company's 55,000 employees in six divisions, serve more than 21 million customers.