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Posted January 16, 2013 by Alexander Cooke in Entertainment
 
 

Liberty Media Corp (Starz) (NASDAQ:LSTZA) Proves To Be The Real Stars On The First Trading Day Itself

starz
starz

Northern, WI 1/16/2013 (avauncer) - Liberty Media Corp (Starz) (NASDAQ:LSTZA) , a premier Cable Channel company is in the news for its stock values . Liberty Media Corp (Starz) (NASDAQ:LSTZA) which was once a part of Liberty Media Corp recently broke from its parent company .Though it has broken off, the shares increased from $1.39 to $15.59at the Close of New York exchange. Liberty Media Corp (Starz) (NASDAQ:LSTZA) which is a rival to other premium channels like HBO and Show time saw a 9.8 percent increase in the share on the first day of trading itself.

 Liberty Media Corp (Starz) (NASDAQ:LSTZA) which first started as a movie network also has interesting programs like the gladiator series “Spartacus”. According to Liberty Chief Greg Maffei sees Liberty Media Corp (Starz) (NASDAQ:LSTZA) as a potential   candidate for takeover by bigger channels. Liberty Media Corp (Starz) (NASDAQ:LSTZA) did not renew its contract with Disney channel beyond 2015. Bryan Kraft, an analyst From New York says that this move can hurt take over the prospects of the company by other channels.

Liberty Media Corp (Starz) (NASDAQ:LSTZA) is presently working on refocusing its original programs. This strategy may increase the value of the company in the market. In fact talks about takeovers have increased its value for investors. Analysts at Maxim group LLC sees it as a must buy shares with a price target of $21.

Meanwhile shares of Liberty Media which originally owned Liberty Media Corp (Starz) (NASDAQ: LSTZA) fell to less than 1 percent. The share value of Liberty media is at $109. 60.  Liberty media owns several entertainment and communication assets like Live Nation entertainment Inc , Sirius XM Radio Inc (NASDAQ:SIRI)

The shares of Sirius XM Radio Inc (NASDAQ:SIRI) were down by 0.32% to close at $3.14


Alexander Cooke

 
Alexander Cooke has over 8 years experience in Automobile, marketing, PR, advertising, sales, promotions and special events planning. His writing for print includes work for a Gannett paper and a personal experience piece for Newsweek. Since 2008 he has concentrated on automotive articles for the on-line market and produced numerous pieces for the High Gear Media site Allcaradvice.com. That work was moved to the media company’s flagship site Thecarconnection.com where it can be viewed.