Starz Entertainment Group
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Starz Entertainment Group
Starz Inc. is an American entertainment company and a subsidiary of Starz Entertainment. It is headquartered in Meridian, Colorado, but uses nearby Englewood, Colorado, Englewood as its location in corporate filings and press releases. The company owned-and-operated station, owns and operates pay television television channel, channels, including Starz, its namesake service, sibling networks Starz Encore and MoviePlex. History Early history Encore Movie Group was founded in 1991 as a wholly owned television programming subsidiary and a joint venture of Liberty Media and Tele-Communications Inc., two companies that were controlled by John C. Malone. The premium channel Starz Encore, Encore was launched in 1991 on cable systems operated by Tele-Communications Inc., followed by the launch of Starz in 1994, and Encore Plex (now MoviePlex) in 1997. In 1994, Encore Movie Group was renamed Encore Media Corporation. On June 2, 1997, TCI announced it would transfer part of its ownershi ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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