Exhibit (c)(1)

Confidential Project Galaxy PRESENTATION TO THE BOARD OF DIRECTORS May 23, 2016

Confidential Project Galaxy Term Sheet New Share Class > Lunar to authorize the issue of Class B No Vote Common Stock as consideration in the merger with Solar Offer Consideration > Solar Class A Shares • $23.25 cash consideration per Solar Class A Share • 0.392 shares in the form of Lunar Class B No Vote Common Stock per Solar Class A Share at a fixed exchange ratio, representing $715mm total equity consideration at Lunar share price of $19.79(1) • 0.251 warrants issued per Solar Class A Share > Solar Class B Shares • $25.58 cash consideration per Solar Class B Share • 0.431 shares in the form of Lunar Class B No Vote Common Stock per Solar Class B Share at a fixed exchange ratio, representing $62mm total equity consideration at Lunar share price of $19.79 (1) • 0.276 warrants issued per Solar Class B Share Offer Price at Lunar Share Price of $19.79(1) > $31.67 per Solar Class A Share > $34.83 per Solar Class B Share (10% premium to Solar Class A) Warrants > Warrants issued to Solar shareholders representing 10% of the Pro Forma combined company > $40 strike price > 24 month expiration from transaction close > Warrants entitle Solar shareholders to Lunar Class B No Vote Common Stock > Warrants to be exercised on a net basis Cash Funding > Lunar to fund cash component of $2.3bn via incremental debt raised > Total financing of $3.3bn including refinancing of existing Solar debt > $500 million rights issue of Lunar Class B No Vote Common Stock with issuance of rights to all shareholders of the Pro Forma combined company • Right issue undertaken at a 25% discount to TERP (2) • Assumed to take place post merger with the proceeds applied to debt pay down • Tradeable (1) Lunar price as of 5/20/16. (2) Theoretical Ex-Rights Price.

Confidential Illustrative Merger with Solar ($ in millions except per share prices) Total Value Offered per Solar Class A Share $31.67 Cash Value 23.25 Stock Value 7.75 Warrant Value(1) 0.67 Warrants Strike Price $40.00 Warrants as % of Post Deal Fully Diluted Shares 10% Expiration 24 Months From Close Aggregate Consideration $3,176 Cash consideration 2,332 Lunar class B No vote common stock 777 Warrants 67 OWNERSHIP BASED ON $23.25 PER SOLAR CLASS A SHARE PF Economic Ownership (No Warrant Dilution) MHR 15.9% M / L / D / M(2) 9.3% Total Lunar 79.4% Total Solar 20.6% PF Voting Ownership (No Warrant Dilution) MHR 20.0% M / L / D / M(2) 9.5% Total Lunar 100.0% Total Solar – PRO FORMA LEVERAGE Based on $23.25 Cash Consideration Per Solar Class A Share PF FY2017E EBITDA (3) PF EBITDA Excl. Synergies & Incl. $50mm AT&T Adjustment $725mm (4) PF EBITDA Excl. Synergies $775mm (5) PF EBITDA Incl. Cost Synergies $810mm (6) Gross Debt Pre Rights Offering(7) $4,205 $4,205 $4,205 Gross Debt Pre Rights Offering / PF FY2017E EBITDA 5.8x 5.4x 5.2x Gross Debt Post Rights Offering(7) $3,705 $3,705 $3,705 Gross Debt Post Rights Offering / PF FY2017E EBITDA 5.1x 4.8x 4.6x Source: Company filings and Capital IQ. Note: Market data as of 5/20/16. (1) Based on warrants issued at the current Lunar Share Price. (2) Malone / Liberty / Discovery / Maffei ownership. (3) Based on Lunar Adjusted EBITDA of $250mm and Solar OIBDA of $525mm in FY17E. (4) Excludes synergies and includes illustrative $50mm loss on AT&T renewal. (5) Excludes synergies. (6) Includes $35mm of run-rate cost synergies. (7) Assumes Solar 12/31/16E debt of $1,007mm, Solar 12/31/16E cash of $25mm, Lunar 12/31/16E debt of $910mm, Lunar 12/31/16E cash of $68mm and minimum cash of $50mm. Assumes Lunar stops paying dividends post announcement of transaction.

Confidential Implied TEV/FY2017E EBITDA Multiple at Various Offer Prices Based on FY2017E EBITDA (Pre-SBC) Multiples EXCLUDING NPV OF TAX SYNERGIES Solar Adj. EBITDA Offer Price Per Solar Class A Share (1) $29.00 $31.00 $33.00 $35.00 $450 8.8x 9.3x 9.8x 10.3x $475 8.3x 8.8x 9.3x 9.8x $500 7.9x 8.4x 8.8x 9.3x $510 7.8x 8.2x 8.7x 9.1x $525 7.5x 8.0x 8.4x 8.8x $550 7.2x 7.6x 8.0x 8.4x $560 7.1x 7.5x 7.9x 8.3x INCLUDING NPV OF TAX SYNERGIES (2) Solar Adj. EBITDA Offer Price Per Solar Class A Share(1) $29.00 $31.00 $33.00 $35.00 $450 7.3x 7.8x 8.3x 8.8x $475 6.9x 7.4x 7.8x 8.3x $500 6.5x 7.0x 7.4x 7.9x $510 6.4x 6.8x 7.3x 7.7x $525 6.2x 6.7x 7.1x 7.5x $550 5.9x 6.3x 6.8x 7.2x $560 5.8x 6.2x 6.6x 7.0x FY2017E EBITDA (Pre-SBC) FY2017E EBITDA (Pre-SBC) including $50mm loss on AT&T renewal FY2017E EBITDA (Pre-SBC) including $35mm of cost synergies FY2017E EBITDA (Pre-SBC) including $50mm loss on AT&T renewal and including $35mm of cost synergies Source: Capital IQ and Bloomberg. Note: Market data as of 5/20/16. Analysis shows implied TEV / FY17E multiples of Solar at various prices upon closing. Valuation includes Lunar ownership in Solar. (1) Offer value of cash and stock consideration only. Excludes value of warrants. Includes 10% premium for Solar Class B stock. (2) Assumes $693mm total value of tax synergies based on run rate tax benefit of $60mm discounted at Lunar’s cost of equity (8.7%).

Confidential Illustrative Accretion / Dilution Analysis Includes Illustrative $50mm Reduction in Starz’s Annual EBITDA from AT&T Renewal and $500mm Post-Transaction Rights Offer FY2017E Without Synergies LFCF / Share $ Accretion / (dilution) $0.32 % Accretion / (dilution) 36% Diluted Earnings / Share $ Accretion / (dilution) $0.47 % Accretion / (dilution) 37% With Synergies (1) LFCF / Share $ Accretion / (dilution) $0.72 % Accretion / (dilution) 80% Diluted Earnings / Share $ Accretion / (dilution) $0.86 % Accretion / (dilution) 69% Source: Capital IQ and PJT estimates based on Wall Street research and discussions with Lunar Management. (1) Includes $35mm of run-rate cost synergies and $60mm of run-rate tax synergies.

Confidential Has / Gets Analysis BASED ON FY2017E ($ in millions except per share data) (Balance sheet data estimated as of 12/31/16E) Post-Merger Owner of a Single LGF Share Total Has Gets Δ Adj. EBITDA Per Share Unadjusted $775 $1.65 $4.06 $2.41 Reduced By $50mm for AT&T Renewal 725 1.65 3.80 2.15 Synergies (annual) Cost Savings $35 - $0.18 $0.18 Tax Savings 60 - 0.31 0.31 Financial (Liabilities) / Assets Net Debt ($4,155) ($5.55) ($21.76) ($16.21) Equity Investments and Other Financial Assets and (Liabilities) (1) 899 6.36 $4.71 (1.65) Total Financial (Liabilities) / Assets ($3,256) $0.81 ($17.05) ($17.86) Source: Capital IQ and PJT estimates based on Wall Street research and discussions with Lunar Management. Note: As of FY2017E. Excludes Rights Offering. (1) Based on market value. Includes minority interest in Pilgrim Studios. Equity investments adjusted for full consolidation of Solar.

Confidential This document contains highly confidential information and is solely for informational purposes. You should not rely upon or use it to form the definitive basis for any decision or action whatsoever, with respect to any proposed transaction or otherwise. You and your affiliates and agents must hold this document and any oral information provided in connection with this document, as well as any information derived by you from the information contained herein, in strict confidence and may not communicate, reproduce or disclose it to any other person, or refer to it publicly, in whole or in part at any time except with our prior written consent. If you are not the intended recipient of this document, please delete and destroy all copies immediately. This document is “as is” and is based, in part, on information obtained from other sources. Our use of such information does not imply that we have independently verified or necessarily agree with any of such information, and we have assumed and relied upon the accuracy and completeness of such information for purposes of this document. Neither we nor any of our affiliates or agents, make any representation or warranty, express or implied, in relation to the accuracy or completeness of the information contained in this document or any oral information provided in connection herewith, or any data it generates and expressly disclaim any and all liability (whether direct or indirect, in contract, tort or otherwise) in relation to any of such information or any errors or omissions therein. Any views or terms contained herein are preliminary, and are based on financial, economic, market and other conditions prevailing as of the date of this document and are subject to change. We undertake no obligations or responsibility to update any of the information contained in this document. Past performance does not guarantee or predict future performance. This document does not constitute an offer to sell or the solicitation of an offer to buy any security, nor does it constitute an offer or commitment to lend, syndicate or arrange a financing, underwrite or purchase or act as an agent or advisor or in any other capacity with respect to any transaction, or commit capital, or to participate in any trading strategies, and does not constitute legal, regulatory, accounting or tax advice to the recipient. This document does not constitute and should not be considered as any form of financial opinion or recommendation by us or any of our affiliates. This document is not a research report nor should it be construed as such. This document may include information from the S&P Capital IQ Platform Service. Such information is subject to the following: “Copyright © 2015, S&P Capital IQ (and its affiliates, as applicable). This may contain information obtained from third parties, including ratings from credit ratings agencies such as Standard & Poor’s. Reproduction and distribution of third party content in any form is prohibited except with the prior written permission of the related third party. Third party content providers do not guarantee the accuracy, completeness, timeliness or availability of any information, including ratings, and are not responsible for any errors or omissions (negligent or otherwise), regardless of the cause, or for the results obtained from the use of such content. THIRD PARTY CONTENT PROVIDERS GIVE NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. THIRD PARTY CONTENT PROVIDERS SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, EXEMPLARY, COMPENSATORY, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES, COSTS, EXPENSES, LEGAL FEES, OR LOSSES (INCLUDING LOST INCOME OR PROFITS AND OPPORTUNITY COSTS OR LOSSES CAUSED BY NEGLIGENCE) IN CONNECTION WITH ANY USE OF THEIR CONTENT, INCLUDING RATINGS. Credit ratings are statements of opinions and are not statements of fact or recommendations to purchase, hold or sell securities. They do not address the suitability of securities or the suitability of securities for investment purposes, and should not be relied on as investment advice.” Copyright © 2015, PJT Partners LP (and its affiliates, as applicable).

Confidential PJT Partners www.pjtpartners.com