Lionsgate is buying Starz for $4.4 billion

Lionsgate announced this morning that it will buy the Starz network for $4.4 billion in cash and stock, reports Deadline. The deal unites the biggest mini-major studio in the country with the second biggest cable network on television, and could mean big things going forward as the merged companies compete with the likes of Netflix and HBO.
"The combination of Lionsgate and Starz brings significant scale to our portfolio of content and distribution assets and will enable us to compete succe