Liberty Media (LMCA +0.1%) plans to spin off Starz as planned and then allow the cable channel...

|About: Liberty Media Corp (LMCA)|By:, SA News Editor

Liberty Media (LMCA +0.1%) plans to spin off Starz as planned and then allow the cable channel to entertain offers, according to a WSJ report. Some early analysis on the impact of the Netflix-Disney deal pointed to the potential of Liberty calling off the spinoff. Though shares of LMCA slipped after the Netflix announcement, the damage could have been worse if the company signed off on the Disney content extension at a price reported to be 50% higher than what Starz is paying right now.