Lionsgate Shareholders Approve Starz Split

Lionsgate's separation from Starz has been approved by a majority of its shareholders, TheWrap has learned, clearing the way for the Hollywood studio and the pay TV network to give themselves more strategic flexibility. Shareholders of record as of March 12 voted on the proposal during the company's annual meeting on Wednesday. In addition, investors overwhelmingly approved the studio's slate of board director nominees and executive compensation. Lionsgate will file an 8-K with the final vote totals with the U.S. Securities and Exchange Commission. The approval of the Starz split comes . . .