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Mission Statement
TO BE ALEADING GLOBALENTERTAINMENT BRAND
POWERFUL AND IMMERSIVEEXPERIENCES
PROVIDING
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Business Overview
17NETWORKS
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Business Overview
55MILLION
Subscribers
Combined Starz subscribers of 20.7 million and Encore subscribers of 34.2 million subscribers as of June 30, 2012 - source: Starz, LLC second quarter 2012 financial results
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Business Overview
1.1MILLION
Viewers
Average nearly 1.1 million viewers at any given time acro ss the STARZ/ENCORE linear channels most in premium category source: Nielsen Jan Jun
2012 Live + 7 P2+ Average Audience Time Period Projections. Subject to further qualifications available upon request
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Business Overview
50HOURS
Our plan is to air 50 hours of original programming by 2015
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Business Overview
1,000MONTHPer
Starz airs more than 1,000 movies and originals series every month across its pay TV channels source: Starz, LLC
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Business Overview
150COUNTRIES
Spartacus licensed to broadcasters in more than 150 countries worldwide Source: Starz, LLC
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Business Overview
12MILLION
'9'V
Starz Distribution/Anchor Bay Entertainment sold more than 12 million DVDS July 2011-June 2012 source: Foresight Point-of-Sale Data
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8 premium channels
Encore, Encore Action and Encore Drama offered in HD First-run movies and classic contemporary movies, mini-series
and Originals
34.2 million subscribers as of June 30, 2012
Flagship network with 6 premium channels
All 6 channels offered in HD
First run output + library films
Growing line-up of original programming
20.7 million subscribers as of June 30, 2012
3 premium channels
Indieplexand Retroplexoffered in HD
Variety of library content, art house, independent films and
classic movies
1. Movieplex subscribers are not included with Starz and Encore in subscriber totals
Positioned for Success: Compelling Value to Subscribers & Distributors
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Positioned for Success
Long-term theatrical content supply
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Positioned for Success
Strong growth strategy for original series and robust development pipeline
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Positioned for Success
Long-term relationships with distributors
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248
158
105
80
0
50
100
150
200
250
300
350
400
Average Daily Viewership YTD through June 2012
CINEMAX SHOWTIME
Starz is #2 Most-Watched Premium Network
Source: Nielsen P2+ audience projections. Average viewers watching network at any given moment throughout day
HBO
Positioned for Success
(in thousands)
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Subscribers for Starz / Encore, HBO / Cinemax, and Showtime / TMC only as of 12/31/11; Movieplex and Flix subscribers excluded; HBO/Cinemax and Showtime/TMCrepresent SNL Kagan estimates; Note: SHO/TMC reflect promotional subscribers CAGR based on 12/31/07-12/31/11 subscribers
Attractive Competitive Position
Founded 1991 1972 1976
U.S. Networks Starz, Encore, MovieplexHBO,
CinemaxShowtime,
TMC, FlixSubscribers 52.8 39.6 42.4
-'11 CAGR 3.0% (0.7%) 7.2%
Studio Output Suppliers
Positioned for Success
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Positioned for Success
Fully integrated entertainment company
STARZ, LLC
STARZ CHANNELS STARZ DISTRIBUTION STARZ ANIMATION(FILM ROMAN)
ANCHOR BAY ENTERTAINMENT WORLDWIDE DISTRIBUTIONSTARZ DIGITAL
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TV Everywhere Launch
Starz Play
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PLAY Services Overview
Content Examples
400 Movies and Originals
Hit movies and compelling original series
you cant see anywhere else.
Spartacus: Vengeance
Magic City
Girl With The Dragon Tattoo
21 Jump Street
900 Movies, Series, Mini-series
Playing your all time favorite movies. Tangled
Bad Teacher
Zookeeper
200 Movies
Classics and genre favorites Ghostbusters
Godzilla
Billy Madison
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Financial Overview
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Financials Starz, LLC
1. 1. See Reconciling Schedule in Appendix2. Based on analyst consensus
$283
$343
$449 $450
18%21%
28% 28%
0%
10%
20%
30%
40%
50%
$0.0
$50.0
$100.0
$150.0
$200.0
$250.0
$300.0
$350.0
$400.0
$450.0
$500.0
2009 2010 2011 2012E
$1,540$1,626 $1,615 $1,628
$0.0
$200.0
$400.0
$600.0
$800.0
$1,000.0
$1,200.0
$1,400.0
$1,600.0
$1,800.0
2009 2010 2011 2012E
Adjusted OIBDA (1)
Margin($ in millions)($ in millions)
Revenue
(2) (2)
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Why Spin?
o %HWWHUWUDQVSDUHQF\RQ6WDU]RSHUDWLRQV
o Focused corporate governance and new Board of Directors
o 2SWLPL]H6WDU]FDSLWDOVWUXFWXUH
o &UHDWHDFXUUHQF\WRSXUVXH6WDU]VWUDWHJLFREMHFWLYHV
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Initiatives
o Expand original programming lineup in a cost-efficient manner
o Exploit valuable digital rights
o Renew and extend affiliation agreements with key distributors
o Continue to roll out authenticated products to all distributors on all platforms/devices
o Continue to generate profitable growth and high free cash flow conversion
o Expand investment in Starz brand
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