ENGLEWOOD, Colo. (AP) — Liberty Media Corp. on Wednesday said that it will spin off its Starz cable channels into a separate company, continuing a series of financial machinations in the Liberty family, which is controlled by cable magnate John Malone.

The move will give investors a better view of how Starz is doing, improve its capital structure and create two “currencies” in the form of shares that can be used for acquisitions, said Liberty Media CEO Greg Maffei.