Chinese e-commerce giant Alibaba Group Holding and Lions Gate Entertainment Corp, the studio behind the Hunger Games films, will launch a subscription streaming service in China, the firms said in a statement on Tuesday. The service, to be known as Lionsgate Entertainment World, will be exclusive to Alibabas Internet television set-top boxes and is expected to launch in August. Alibaba and its affiliates have aggressively pushed into the entertainment industry since the beginning of the year, with more than $3 billion invested since March. This cooperation signals our ongoing commitment to advance our vision of making digital media entertainment available to our customers anywhere, anytime, Patrick Liu, Alibabas president of digital entertainment, said in Tuesdays statement.
Lions Gate, Alibaba to offer joint subscription TV streaming service in China
15
Jul
2014
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