March 5 (Reuters) - Starz Entertainment Corp ( STRZ ):

* ALLEN FAMILY CAPITAL, LLC ENTERS INTO AGREEMENT TO ACQUIRE

SHARES OF STARZ ENTERTAINMENT CORP.

* ALLEN FAMILY CAPITAL: ACQUIRED 1.8 MILLION COMMON SHARES

OF STARZ AT PURCHASE PRICE OF $13.86 USD PER COMMON SHARE FOR

$25 MILLION

* ALLEN FAMILY CAPITAL: FOLLOWING COMPLETION OF ACQUISITION

ALLEN BENEFICIALLY OWNS ABOUT 10.7% OF STARZ'S ISSUED AND

OUTSTANDING COMMON SHARES

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