ENGLEWOOD, Colo., July 1 /PRNewswire-FirstCall/ -- Chris Albrecht, president and chief executive
officer of Starz, LLC, announced that Overture Films executives,
Chris McGurk and Danny Rosett, tendered their resignations today
due to differences over the strategic direction of the company.
Peter Adee, president, worldwide marketing, distribution and
new media for Overture, will assume day-to-day operational
responsibilities for the company and report directly to
Albrecht.
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"I want to thank Chris and Danny for their dedication and hard
work in building the studio from the ground up, and wish them well
in their future business endeavors," said Albrecht.
Founded in November 2006, Overture
Films is a wholly owned subsidiary of Starz, LLC, which is a unit
of Liberty Media Corp. and which also operates the Starz
Entertainment premium television business and the Starz Media
production and distribution company.
About Overture Films
Overture Films (www.overturefilms.net) develops, produces,
acquires, and distributes feature length, theatrical motion
pictures worldwide. The studio is a wholly owned unit of Starz
Media, a controlled subsidiary of Liberty Media Corporation
attributed to the Liberty Capital Group. Its affiliated companies,
Anchor Bay Entertainment and Starz Entertainment, make the films
available domestically to viewers via home video, premium
television, Internet and other outlets.
About Starz, LLC,
Starz, LLC, is a controlled subsidiary that operates Starz Media
and Starz Entertainment (www.starz.com). Starz Media and Starz
Entertainment are attributed respectively to Liberty Capital Group
(Nasdaq: LCAPA) and Liberty Starz
(Nasdaq: LSTZA), tracking stock groups of Liberty Media
Corporation.
About Starz Entertainment
Starz Entertainment, LLC, is a premium movie and original
programming entertainment service provider operating in
the United States. The company
offers 16 premium channels including the flagship Starz® and
Encore® brands with approximately 17.1 million and 31.1 million
subscribers respectively. Starz Entertainment airs in total
more than 1,000 movies and original series every month across its
pay TV channels. Starz Entertainment is recognized as a pay TV
leader in providing HD, On Demand, HD On Demand and online advanced
services for its Starz, Encore and MoviePlex brands. Starz
Entertainment (www.starz.com) is an operating unit of Starz, LLC,
which is a controlled subsidiary of Liberty Media Corporation, and
is attributed to Liberty Starz
(NASDAQ: LSTZA), a tracking stock group of Liberty Media
Corporation.
About Starz Media
Starz Media, LLC, is a programming production and distribution
company operating worldwide. Its units create animated and
live-action programming -- including theatrical films -- and
programming created under contract for other media companies. It
distributes that programming, and programming acquired from outside
producers, through home video retailers, theaters, broadcasters, ad
supported and premium television channels, and Internet and
wireless video distributors in the US and internationally. Starz
Media (www.starzmedia.com) is an operating unit of Starz, LLC,
which is a wholly owned subsidiary of Liberty Media Corporation,
and is attributed to Liberty Capital Group (NASDAQ: LCAPA), a
tracking stock group of Liberty Media Corporation.
Contact:
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Eric
Becker
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Starz, LLC
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(720) 852-4065
(direct)
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(303) 638-3469
(cell)
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eric.becker@starz.com
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Adam Keen
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Overture
Films
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(424) 204-4144
(direct)
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(323) 394-2326
(cell)
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adam.keen@overturefilms.net
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SOURCE Starz, LLC; Overture Films