[W. Knight]

Seems like Lionsgate is doing a Viacom (2006-19) to its Starz subsidiary, as the latter is to remain in the original company while their studios is to be spun off:

On Wednesday, the Hollywood studio disclosed the public filing of a Form 10 registration statement with the U.S. Securities and Exchange Commission around its planned separation into two independent, publicly traded companies.

Lionsgate said the potential separation would spin off its studio business, including the Motion Picture and Television Production groups, into a separately traded public company, while the media networks business, which mostly comprises Starz, would remain in the existing company.

“We remain excited by the prospect of separating Lionsgate and Starz into standalone companies with strong financial foundations that will allow each company to pursue its own distinct strategy while offering investors the opportunity to own both a pure-play publicly-traded content studio and a premium subscription platform,” Lionsgate CEO Jon Feltheimer said in a statement.

The Form 10 filing lays out the corporate structure of the separated studio and media networks businesses, to be relaunched as New Lionsgate and New Starz.

From www.hollywoodreporter.com