Shareholdersare expected to finally get a chance to vote April 23 on the long-planned proposal to separateLionsgateStudios fromStarz.
A special meeting is anticipated for that date to make it hold the shareholder vote, Lionsgate announced Monday.
It has encountered a number of roadblocks on the way to making thesplitofficial.
Lionsgate and StarzCourtesy
So there have been quite a few things.
But we are definitely there.
Comcast in particular has made waves by creating a stand-alone company consisting of NBCUniversal cable networks.
The good news is we dont really have a linear business.
We have Starz, which is premium and digital-first.
Digital accounted for 70% of total revenue in the most recent fiscal year, Barge noted.
Lionsgate owns almost 88% ofLionsgate Studiosshares.