“Three years after the close of Lionsgate’s $4.4 billion acquisition of Starz, the companies have stepped up the integration of their television operations under Lionsgate Entertainment CEO Jon Feltheimer,” Deadline reports. “Merging are the companies’ TV physical production and post-production units, legal and TV music departments as well as aspects of business affairs and TV finance related to production.”
The report notes that the company does not currently plan to eliminate positions in connection with the consolidation.
“Under the integration plan, which comes three months after the exit of Chris Albrecht as Starz CEO, the premium cable network’s original programming and areas related to development, including business affairs and finance, will remain autonomous,” Deadline adds. “They will maintain their current organizational structure and will continue to report to Starz COO Jeff Hirsch.”
A search is reportedly under way for a top creative executive to partner with Hirsch in running the network.
Please click on the link above to Deadline for details about the reporting structure of the newly merged Lionsgate-Starz operations.