Starz exploring sale of its business: report

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Starz is seeking as much as $5 billion in a potential sale of its business, the _New York Post_ reported. Sources told the newspaper CBS and Lionsgate are interested in purchasing Starz to


build up their pay TV assets. The discussions are at an early stage and could result in a strategic alignment or an asset swap instead of a straight sale, the sources added. Liberty


Media's John Malone, who holds 49 percent of Starz, said the channel would be better off as part of a media company that owns other channels, the _Post_ reported. Representatives for


Starz, CBS, and Lionsgate declined to comment, the newspaper said. Read the _New York Post_ story here.