A (New) Starz is Born
SAN JOSE, November 13, 2006, (PodTech News)–Are the Starz aligned for downloading movies? At last week’s Dow Jones VentureWire Consumer Technology Conference is San Jose, Bob Clasen, Starz‘ president and CEO, spoke with PodTech’s Matt Kelly about the company’s acquisition of IDT Entertainment, and its entrance into the content creation arena and the challenges it will face as it produces live-action and animated programming, and distributes it to consumers in theaters, on DVDs and over the Internet in both the domestic and international markets.
Reporter’s Notes: Starz is taking the content creation game seriously–just today it announced the formation of a new motion picture studio, Overture Films, which will produce, acquire and distribute eight-to-twelve full-length feature films a year. The new studio will be headed by Chief Executive Officer Chris McGurk and Chief Operating Officer Danny Rosett. Both are industry veterans with significant experience in film production, marketing and distribution at Metro Goldwyn Mayer Studios Inc., prior to MGM’s 2005 sale to a group of investors led by Sony Corp.
– Matt Kelly