Berkshire Hathaway Inc. (BRK.B) Has An Eye For Starz (STRZA)

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The hedge-fund trade

The two other big hedge-fund names in the stock are billionaire Steve Cohen’s SAC Capital, with a 6.3 million-share stake, and Jeffrey Gates from Gates Capital, with 5.9 million shares. All are topped, though, by Liberty Media’s John Malone, with 11.2 million shares.

Foolish assessment

Starz is making the right moves by developing its own content. The company has the subscriber base. It just needs to deliver the content. Other more expensive names like Netflix realize this as well. Berkshire Hathaway and Ted Weschler obviously see the same and are sticking with the stock. The smart money is in the stock and that’s good for Starz and its shareholders.

The article Berkshire Hathaway Has An Eye For Starz originally appeared on Fool.com and is written by Mark Yagalla.

Mark is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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