Starz Talks Sale With 21st Century Fox

After Time Warner Bid, Fox uninterested in major acquisition
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Executives from Starz met on Tuesday with 21st Century Fox and discussed selling the premium network programmer.

21st Century Fox last month called off a bid for Time Warner, whose key assets include HBO. Rupert Murdoch’s media company has since said it plans no major acquisitions—and Starz would carry a pricetag in the billions of dollars.

One executive familiar with the meeting said Fox agreed to meet with  Starz as a courtesy and had no interest in pursuing a transaction. The talks were originally reported by the Los Angeles Times.

A Starz spokesman did not return a request for a comment.

It is unclear if Starz, controlled by John Malone, will attempt to sell itself to other media companies.

Starz stock rose more than 5% in early trading Wednesday on the possibility the company will be acquired.

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