Starz has a new contract for Chief Executive Officer Chris Albrecht. The agreement is intended to secure Albrecht’s service through 2020. The role of President will be added to his title and responsibilities.
Greg Maffei, Chairman of Starz, said, “Chris has developed Starz into a leading, innovative entertainment brand with award-winning original programing that resonates with US and international audiences. He has made remarkable contributions to the business over the past six years, and we look forward to his vision creating even more value for distributors, partners and shareholders.”
Albrecht added, “I am excited to move forward with my role at Starz and want to thank Greg and the Board for their continued support. We have a tremendous runway for growth. I am more enthusiastic than ever about our strong and resilient subscription-based business model and commitment to make Starz an innovative global brand with an eye to the future.”