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Lions Gate halts quarterly dividend over Starz deal

Lions GateEntertainment Corp. suspended its quarterly cash dividend as itwaits to close its merger with Starz, the company said Sept. 22.

The news comes as Starz agreed in principle to extend its affiliation agreementswith DIRECTV and AT&TInc., while Lions Gate also inked a new multiyear agreement fortransactional video on-demand, pay-per-view and electronic-sell-through withDIRECTV and AT&T.