Starz (STRZ) announces Board change
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Starz Entertainment Corp (NASDAQ: STRZ) disclosed in a SEC filing:
On June 3, 2025, Mr. Marc Graboff resigned from his position as a member of the Board of Directors of Starz Entertainment Corp., a corporation organized under the laws of the province of British Columbia, Canada (hereinafter the “Company”), and from any and all of the committees of the Board on which he serves, which resignation was accepted by the Board of Directors on June 4, 2025. Mr. Graboff had been Warner Bros. Discovery, Inc.’s designee to the Company’s Board of Directors per Section 2.01 of the Investor Rights Agreement, dated as of May 6, 2025, by and among the Company, MHR Fund Management LLC, Liberty Global Ventures Limited, Discovery Lightning Investments Ltd., Liberty Global Ltd., and Warner Bros. Discovery, Inc. Mr. Graboff’s resignation was required upon the sale by Warner Bros. Discovery, Inc. of its shares in the Company to MHR Fund Management LLC. Mr. Graboff’s resignation was not the result of any disagreement between the Company and him on any matter relating to the Company’s operations, policies or practices.
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