Starz sales rise 8% to $432 million

John Malone's Liberty Media Thursday reported greater revenue and earnings from Starz, its finest holding. The pay net's sales rose 8% to $432 million for your fourth quarter, largely on greater home video revenue in the 2011 distribution agreement while using Weinstein Company.Operating profit rose 24% to $87 million. The network had 19.6 000 0000 clients at year-finish, up from 18.2 million the last year.Boss Chris Albrecht suggested original programming and new pacts. ''We could not are more pleased with the performance of ''Spartacus: Vengeance,'' which is constantly set record new viewership marks for just about any Starz original series,'' he mentioned. ''The anticipation for April's 'Magic City' grows which we're heartened with the strong demand received inside the global marketplace.'' He mentioned recent deals, affiliation with ATandT U-verse and movie certification with Lionsgate, have elevated the net's distribution business and extended-term content pipeline. Parent Liberty Media mentioned its quarterly revenue elevated 96% to $1 billion inside the fourth quarter and operating earnings hopped 241% to $293 million, mostly connected using the primary one-time recognition of formerly deferred revenue and expenses at division TruePosition.Malone, who constantly tinkers along with his holdings, also introduced a completely new structure for Liberty Media's sister company, Liberty Interactive Corp.Liberty Interactive can make two new monitoring stocks to greater stay with the businesses it holds.One monitoring stock, still referred to as Liberty Interactive, covers QVC, the e-commerce companies, Liberty's 34% of HSN, $500 million in cash and a number of opportunities. The second new stock, Liberty Endeavors, will track interests in Expedia, TripAdvisor, Time Warner, Time Warner Cable, America online, Interval Leisure Group, Tree.com, Liberty's eco-friendly energy possibilities, $1.25 billion in cash.Liberty's status becoming an investment company, no operating company, has brought to waves of spinoffs and monitoring stocks that appear and vanish over time while he tries to align his companies for traders and tax efficiencies. Contact the number newsroom at news@variety.com