The newspaper named Lionsgate and CBS as suitors. CNBC's David Faber later confirmed that CBS was not interested in buying the network. The key rational for spinning Starz out of Liberty Media was making it more flexible to forge strategic alliances, said Albrecht, adding that those conversations go on all the time. Asked whether those conversations had been misconstrued, he said, "I've said from the beginning selling a company is not a strategy.