Entertainment
Byron Allen’s Starz Stake Signals Bigger Moves in the Streaming Industry
Byron Allen’s Starz: Byron Allen has acquired a 10.7% stake in Starz Entertainment for approximately $25 million, signaling his long-term media strategy amidst industry consolidation. This investment positions him influentially in the evolving streaming market despite intense competition.
Byron Allen’s Starz investment
Media entrepreneur Byron Allen has taken another step toward expanding his growing media empire. Through his family office, Allen recently acquired a 10.7% stake in Starz Entertainment, purchasing the shares from a fund managed by former U.S. Treasury Secretary Steven Mnuchin.
The transaction, valued at approximately $25 million, gives Allen a significant minority position in the premium cable and streaming platform. While the investment itself may seem modest compared to the billion-dollar deals common in Hollywood, analysts say the move could signal a larger strategy unfolding in the rapidly evolving streaming industry.
Why the Starz Deal Matters
The shares were sold by Mnuchin’s Liberty 77 Capital fund, which previously invested in the company when Starz was still connected to its former parent, Lionsgate.
In 2025, Lionsgate completed a corporate restructuring that separated its operations into two distinct companies:
- Lionsgate Studios – responsible for film and television production
- Starz – focused on premium cable and streaming services
Following the spin-off, Starz became an independent publicly traded company. As a result, investors are still determining the platform’s long-term value in an increasingly crowded streaming marketplace.
A Streaming Platform With Loyal Audiences
Despite facing intense competition from larger platforms such as Netflix, Disney+, and Amazon Prime Video, Starz continues to maintain a strong subscriber base and recognizable content franchises.
- Outlander – historical drama series
- The Power franchise created by Courtney A. Kemp and executive produced by 50 Cent
Byron Allen’s Long-Term Media Strategy
Allen’s investment strategy has long focused on owning media distribution and infrastructure rather than simply producing content.
- The Weather Channel
- Dozens of local television stations across the United States
- Multiple niche cable networks and digital platforms
Over the past several years, Allen has also pursued larger acquisitions, reportedly exploring deals involving companies such as Paramount Global and BET Media Group. While those deals did not materialize, they signaled his ambition to expand Allen Media Group into a major force in global media ownership.
The Bigger Picture: Industry Consolidation
Allen’s investment arrives during a time of significant disruption in the entertainment business. Traditional cable television continues to decline as audiences migrate toward streaming platforms. At the same time, major studios and media companies are struggling to make streaming services consistently profitable.
Industry observers believe these pressures could lead to a new wave of consolidation across Hollywood and the streaming sector. Smaller platforms like Starz could become attractive acquisition targets for larger companies seeking additional subscribers and content libraries.
A Potential Hidden Opportunity
For now, Allen’s 10.7% stake does not give him control of Starz. However, it does provide influence as one of the company’s larger shareholders and leaves open the possibility of increasing his ownership in the future.
If consolidation accelerates and streaming platforms begin merging or forming partnerships, assets like Starz could become significantly more valuable. For Byron Allen—whose career began as a stand-up comedian before evolving into one of the most prominent independent media owners in America—the investment may represent another calculated step in a decades-long strategy built around media ownership and long-term growth.
Related Coverage
- Byron Allen Acquires Stake in Starz – Hollywood Reporter
- Starz Spin-Off from Lionsgate: What It Means for Streaming – Variety
- Byron Allen’s Media Acquisitions: Building a Modern Empire – Forbes
- Starz in the Streaming Wars: How It Compares – CNBC
- Why Byron Allen is Betting on Streaming Platforms – Deadline
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Entertainment
Lights, Camera, Snackers: How Aspiring Filmmakers Can Enter to Win $25,000
The director’s chair is open and the opportunity to create the next great snack-sized movie could be yours. Aspiring filmmakers and creators have the chance to turn a prewritten script into an original short film for a $25,000 prize.
Lights, Camera, Snackers: How Aspiring Filmmakers Can Enter to Win $25,000
(Feature Impact) The director’s chair is open and the opportunity to create the next great snack-sized movie could be yours.
For the second year, Bumble Bee is bringing back its Tuna “Cans”Film Festival, giving aspiring filmmakers and creators the chance to turn a script written by comedian and actress, Grace Reiter, into an original short film starring its deliciously convenient tuna Snackers.
Watch the video to learn more!
“I love a chance to support those starting out in the film industry – and this time, I’m partnering with Bumble Bee for the Tuna Cans Film Festival to do it,” Reiter said. “Plus, I’m making it easy: I already wrote the script.”
Using Reiter’s scripted lines, creators can make the story entirely their own, bringing their vision to life through original characters, settings, music, editing and creative flair.
The creative brief is simple: The finished film must be 60 seconds or less and Bumble Bee Snackers™ need to get their moment in the spotlight.
Plus, the stakes are bigger than ever: The winning filmmaker will take home a $25,000 grand prize to help make their filmmaking dreams a reality.
Creators can submit their original short film by Oct. 23, 2026, at 11:59 p.m. PT.
The film can be funny, dramatic, unexpected or all three. The lines are already written but the order, arrangement and any additions are open to creative interpretation. Now it’s time to see what you can do with it.
Visit tunacansfilmfest.com, where you can find Reiter’s original script, submission instructions and complete contest details, to get started.
SOURCE:
Bumble Bee
Last Updated on October 9, 2026 by Daily News Staff
From haunted mazes after dark to daytime trick-or-treating with Snoopy, Knott’s offers two ways to celebrate Halloween in 2026.
BUENA PARK, Calif. — Halloween season is underway at Knott’s Berry Farm, where visitors can choose between the nighttime frights of Knott’s Scary Farm and the playful daytime activities of Knott’s Spooky Farm.
For readers planning a Southern California outing this October, the two celebrations offer different ways to get into the Halloween spirit.
Scary Farm brings new nightmares after dark
Knott’s Scary Farm runs on select nights through October 31, 2026, transforming the park with haunted mazes, scare zones, shows, and more than 1,000 creatures, according to Knott’s.
Two new mazes join this year’s lineup. Inked turns a cartoonist’s creations into a nightmare, while Unearthed sends visitors into an excavation where an ancient evil has awakened.
Also new for 2026 is Color Collect, an activity in which guests use an interactive lantern to activate pillars around the park and collect six colors.
Scary Farm requires its own paid event admission. As of October 4, online single-night tickets are advertised from $65, with taxes potentially additional. Knott’s does not recommend the event for children under 13.
Spooky Farm offers daytime Halloween fun
For families seeking a gentler celebration, Knott’s Spooky Farm takes place Thursdays through Sundays, September 24–October 31, plus October 12, according to the park’s events calendar, which lists the additional date as Columbus Day.
Children can trick-or-treat through Ghost Town, enjoy games and spooky stories with Snoopy and the Peanuts characters, and show off their Halloween outfits at Snoopy’s Spooktacular Costume Party.
Other activities include the Creepy Critters of Calico, cookie decorating in the pumpkin patch, and performances by the Bob Baker Marionette Theater. Cookie decorating carries an additional fee.
The daytime celebration gives families a chance to enjoy Halloween decorations, treats, and entertainment together before the nighttime haunt begins.
Planning your visit
Knott’s Berry Farm is located at 8039 Beach Boulevard in Buena Park, California. Before heading out, check the park’s official calendar for your chosen date, operating hours, admission options, and event policies.
Whether your Halloween plans call for a bag of candy or a trip through a haunted maze, Knott’s has a seasonal celebration to match.
Keep the fun going: Visit STM Daily News for more entertainment news, theme park updates, and stories worth sharing.
Official sources
- Knott’s Scary Farm: attractions and tickets
- Knott’s Spooky Farm: activities and entertainment
- Knott’s Berry Farm: seasonal event dates
Information checked October 4, 2026. Event schedules, offerings, and ticket prices may change.
The next round of Street Fighter is heading to the big screen. Paramount Pictures and Legendary Pictures will release the new live-action movie exclusively in theaters on October 16, 2026, bringing Capcom’s video game characters into a story built around rivalries, a dangerous tournament, and a conspiracy lurking behind the competition.
Directed by Kitao Sakurai, the film features Andrew Koji as Ryu, Noah Centineo as Ken Masters, and Callina Liang as Chun-Li, alongside an ensemble that includes Jason Momoa, Curtis “50 Cent” Jackson, and wrestling stars Roman Reigns and Cody Rhodes.
Ryu and Ken Face a Fight Beyond the Arena
Set in 1993, the movie finds Ryu and Ken estranged when Chun-Li draws them back into combat for the next World Warrior Tournament. What initially looks like a chance to test their fighting skills becomes something much more dangerous.
According to the studio’s synopsis, a deadly conspiracy puts the two fighters on a collision course, forcing them to confront both each other and unresolved struggles from their past. That setup gives the film a personal conflict to explore alongside its tournament action.
For viewers who remember gathering around an arcade cabinet, the 1993 setting offers a nostalgic hook. The studio is also promising familiar signature moves, including Hadoukens and roundhouse kicks, as the game’s combat makes the jump to live action.
A Cast Packed With Familiar Fighters
Beyond its central trio, the announced lineup brings together actors, comedians, musicians, wrestlers, and martial artists. Among the character pairings:
- Joe “Roman Reigns” Anoai as Akuma
- David Dastmalchian as M. Bison
- Cody Rhodes as Guile
- Vidyut Jammwal as Dhalsim
- Orville Peck as Vega
- Olivier Richters as Zangief
- Hirooki Goto as E. Honda
- Mel Jarnson as Cammy
- Curtis “50 Cent” Jackson as Balrog
- Jason Momoa as Blanka
The cast also includes Andrew Schulz as Dan Hibiki, Eric André as Don Sauvage, Rayna Vallandingham as Juli, Kyle Mooney as Marvin, and Alexander Volkanovski as Joe.
With so many characters sharing the screen, one question will be how the movie balances the wider roster with Ryu and Ken’s central story. The announced cast gives longtime fans plenty of familiar names to watch for.
Who Is Behind the Movie?
Paramount Pictures and Legendary Pictures present Street Fighter in association with Capcom. The Legendary Pictures production is based on the Capcom video game, with a story by Dalan Musson and Gary Dauberman and a screenplay by T.J. Fixman and Kitao Sakurai.
Producers include Mary Parent, Cale Boyter, Jason Momoa, Takayuki Nakayama, and Stefan Makhoul. The supplied production announcement notes that credits are subject to change.
Release Date and Rating
Street Fighter opens only in theaters October 16, 2026. The film is rated PG-13 for violence/action, bloody images, strong language, sexual references, partial nudity, and brief smoking, according to the supplied studio announcement.
Fans can visit Paramount’s official Street Fighter page for the trailer and film information, and follow #StreetFighterMovie for promotional updates.
Which fighter are you most excited to see in live action? Share your pick in the comments, and visit STM Daily News for more Entertainment coverage and newsletter updates.
Source: Supplied Paramount Pictures/Legendary Pictures production announcement; release date, synopsis, and selected credits checked against Paramount’s official film page. This article is a preview, not a review.
