Lions Gate Entertainment plans to restart talks to acquire Starz about a year after buying a stake in the pay-TV network, Bloomberg reported Thursday. Lions Gate nearly acquired Starz in December 2014 but decided not to bid because of valuation and tax concerns at the time.

While Lions Gate acknowledged that there is no assurance that a deal would occur in its filing Thursday with the Securities and Exchange Commission, discussions are taking place between advisers of both companies, according to company representatives who asked not to be identified for confidentiality reasons.