Byron Allen Earns Profit After Selling All the Starz Stock He Bought From Steven Mnuchin

By Todd Spangler

Todd Spangler

NY Digital Editor

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Buy low, sell high: Investor and media entrepreneur Byron Allen has sold all of the shares in Starz that he had acquired earlier this year from Steve Mnuchin, the former Hollywood producer who served as Treasury Secretary during President Trump’s first term.

He sold all 1.8 million shares of Starz he had owned over the course of August and September 2026, according to an SEC filing Thursday. Allen’s sale of the stocks added up to a total of $44.9 million, almost $20 million more than he paid for them.

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