{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Option","title":"Episode 170: Byron Allen Exits Starz at $45M","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/5747eaed\"></iframe>","width":"100%","height":180,"duration":201,"description":"Byron Allen has exited his entire 10.7% stake in Starz, netting just under $45 million after paying $25 million for the position earlier this year — a roughly $20 million gain on a stake he was legally blocked from expanding. The move reshuffles assumptions about Allen's acquisition ambitions and sharpens the picture of where he's actually building: an ad-supported, digitally distributed media stack anchored by BuzzFeed, not a premium pay-TV play. For agents, producers, and executives tracking where independent media capital is moving, this exit is a signal worth decoding.","thumbnail_url":"https://img.transistorcdn.com/4RKcc1IGb7a3BJ1dndiWrVMcYNS3d-RHc5yAO2mJR8g/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zODVm/MzRmM2IxNDUwOWZj/NDg0NGJhMjhjOTI2/MmZhMS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}