Roku and Apollo Global Team Up to Bid for Stake in Cable Channel Starz
Roku Inc.
ROKU 5.83%
has teamed with private-equity firm
Apollo Global Management Inc.
APO 3.73%
to bid for a minority stake in the pay-TV and streaming service Starz, which is known for series like “Outlander” and “Power,” according to people familiar with the situation.
In November, movie and television production company
Lions Gate Entertainment Corp.…