UPDATES EXCLUSIVE: Ex-HBO Chief Chris Albrecht To Be Named New CEO Of Starz

This announcement will be going out Tuesday:

Englewood, Colo, Dec. 22 – Liberty Media Corporation announced today that Chris Albrecht, former Chairman and CEO of HBO, will join Starz, LLC as its President and CEO. He will oversee all of the Starz entities, including Starz Entertainment, Overture Films, Anchor Bay Entertainment and Film Roman and will assume his new role beginning January 1, 2010.

“We are excited to have an industry leader with an exceptional track record join the Starz team,” said Greg Maffei, Liberty Media President and CEO. “With his extensive experience and success in creating compelling original content and building a premium pay channel, Chris is a recognized visionary in the creative community and uniquely qualified to lead Starz into the future.”

“I am thrilled and honored to be asked to join a great company like Starz and to help take advantage of the challenges and opportunities emerging in media and entertainment,” said Albrecht. “I have always seen Starz as a bold, entrepreneurial and growth-oriented brand – one that I believe will be a great home for me. I look forward to putting my experiences and interests to work with the talented management team at Liberty and Starz to create valued products for consumers and our affiliate partners.”