Lionsgate sells streaming service in India, Southeast Asia to founder

Lionsgate has announced that it has sold Lionsgate Play, its streaming platform in South Asia and Southeast Asia to its founder Rohit Jain, who built and scaled the platform across the region over the past eight years in his capacity as president of Lionsgate Play Asia.  All other Lionsgate film and television business in India and Southeast Asia will remain with the studio, as Jain transitions to fully managing Lionsgate Play and exit Lionsgate as part of the transaction, a statement released over the weekend read. The transaction places the streaming service under founder-led ownership with deep regional expertise and […]... Keep on reading: Lionsgate sells streaming service in India, Southeast Asia to founder