Has Xfinity Reached An Agreement With Starzwxadmin
A new Comcast transport agreement for Starz also eliminates a major roadblock for Lionsgate, as the Premium Channel turns to A-card online and international subscribers in the era of cord cutting. The latest pact was preceded by Comcast`s warning to Xfinity customers that they would lose access to new episodes of hit shows such as Power, Outlander and Vida, epix`s rival service having been traded for its premium offerings. In 2019, Lionsgate received half of Starz`s revenue, which signed the studio with traditional MVP partners and new digital distributors. The short-term disruption of Comcast`s conflict should be offset by Lionsgate if Starz arrives enough new pay-per-view subscribers and positively observe premium service. On the distribution front, Lionsgate has bet on higher revenues for Starz of subscribers with a better single economy. The agreement ends a contractual dispute that has attracted the attention of lawmakers, including a U.S. senator who has asked the U.S. Department of Justice to ensure fair competition in the market and has sparked small protests outside comcast`s headquarters. Starz had launched an advertising campaign inviting customers to call Comcast and complain. Curtis “50 Cent” Jackson, an executive producer of Power, defended Capitol Hill lawmakers and attacked Comcast CEO Brian Roberts on social media.
As part of the agreement, the flagship Starz channel, on-demand content as well as Encore, Encore Westerns, Encore Black- and Encore Action channels will be available to Xfinity TV customers and on Flex, the streaming aggregation unit similar to Comcasts Roku. “We look forward to continuing our long-standing partnership with Comcast to provide our customers with excellent content and value,” Starz CEO Jeffrey Hirsch said in a press release. “Our ongoing relationship with Comcast reflects our ability to open opportunities in all of our businesses for the benefit of our subscribers.” About Lionsgate The first major new studio in decades, Lionsgate (NYSE: LGF. A, LGF. B) is a world leader in content, whose films, TV series, digital products and linear and over-the-top platforms reach the next generation audience worldwide. In addition to its filmed entertainment guide, Lionsgate content is increasingly present in interactive and site-based entertainment, video games, esports and other new entertainment technologies. Lionsgates content initiatives are supported by a film and television library of nearly 17,000 titles and are made available through a global distribution and distribution infrastructure. The Lionsgate brand represents original, bold and revolutionary content, created in particular on the developing models and the varied composition of the company`s global consumer base.
Comcast and Lionsgate have reached an agreement that will get Lionsgate`s Starz and Starz Encore channels on Xfinity comcasts cable systems. The deal announced Monday will avoid a Starz blackout on December 31, when its current contract expires, while Starz content from Comcasts Xfinity packages will be converted into an a la carte offer.