# Byron Allen Sells His Stake in Starz

- URL: https://talkfuse.com/story/byron-allen-sells-his-stake-in-starz/
- Published: 2026-10-29T22:09:44+00:00
- Original publisher: The Hollywood Reporter
- Original article: https://www.hollywoodreporter.com/business/business-news/byron-allen-sells-stake-in-starz-1236742995/
- Topics: Business, Celebrity, Companies, Entertainment

## Key points

- Byron Allen has sold his full 10.7 per cent Starz stake.
- He paid $25 million and sold the shares for just under $45 million.
- The sale reverses his earlier plan to control the streaming company.

## Summary

New SEC disclosures show that Byron Allen has sold his entire 10.7 per cent stake in Starz, ending his investment in the pay-TV and streaming company. The sale marks a change from his earlier stated intention to control Starz and use its streaming service alongside his other media ventures.

Allen bought the shares for $25 million earlier this year from Steve Mnuchin’s Liberty 77 fund, then sold them in August and September for just under $45 million, according to the filing. Starz adopted a poison pill after he disclosed his purchase; the company recently reported higher revenue and lower losses, with franchises including *Power* and *Outlander* contributing to results.

## Coverage

- [The Hollywood Reporter: Byron Allen Sells His Stake in Starz](https://www.hollywoodreporter.com/business/business-news/byron-allen-sells-stake-in-starz-1236742995/)
- [Variety: Byron Allen Earns Profit After Selling All the Starz Stock He Bought From Steven Mnuchin](https://variety.com/2026/tv/news/byron-allen-sells-starz-stock-steven-mnuchin-1236934569/)
- [Deadline: Byron Allen Sells Entire Stake In Starz](https://deadline.com/2026/10/byron-allen-sells-entire-starz-stake-1237208899/)

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.