to shield TCI from effects resulting from the significant profit losses incurred by Starz! following that channel's launch – TCI retained a minority 20% ownership interest until its 1999 merger with AT&T Corporation, when Liberty Media assumed full ownership of the Encore Media Group. On April 4, 2006 at 12:00 a.m. Eastern Time, MoviePlex launched two companion multiplex channels: IndiePlex, which is dedicated to independent films, and RetroPlex, which focuses on older movies from the 1980s and earlier. The first movie to be aired on IndiePlex was the Wim Wenders-directed western Paris, Texas; RetroPlex launched with the Samuel Fuller-directed drama Pickup on South Street. On November 19, 2009, Liberty Media spun off Starz, Encore and MoviePlex into a separate public tracking stock named Liberty Starz. On August 1, 2011, MoviePlex adopted its own separate programming schedule, ending the sampler block format of films and other programs seen on the various Encore multiplex channels. On August 8, 2012, Liberty Media announced that it would spin off Liberty Starz into its own separate publicly traded company. The spin-off of the subsidiary was completed on January 11, 2013, with Liberty Starz changing its name to Starz Inc. as a result. On April 5, 2016, Starz was rebranded and added all the Encore channels to its moniker, therefore increasing the Starz channel lineup to 14 Starz movie channels. Its main channel was rebranded "Starz Encore" and carries Starz reruns in addition to films. On June 30, 2016, Lionsgate agreed to acquire Starz Inc. for $4.4 billion in cash and stock; the acquisition was completed five months later on December 8. Channels List of channels Depending on the service provider, MoviePlex provides up to six multiplex channels – three 24-hour multiplex channels, which are simulcast in both standard definition and high definition – as well as a subscription video-on-demand service (MoviePlex On Demand). MoviePlex broadcasts its primary and multiplex channels on Pacific and Eastern Time Zones schedules. The premium film service Starz and Encore, which are both also owned by Starz Inc., operate as separate services – although subscribers to MoviePlex do not necessarily have to subscribe to either of the two sister services. RetroPlex RetroPlex is an American premium television network which features older motion pictures, and is a spinoff of the MoviePlex and is owned by Starz, LLC. The headquarters of RetroPlex and its sister channels MoviePlex and IndiePlex are located on the