Alibaba Partners Lionsgate for Movie and TV Streaming Service in China

Advertisement
By Agence France-Presse | Updated: 15 July 2014 10:31 IST
Alibaba and US-based entertainment company Lionsgate on Tuesday announced plans for a movie and television streaming service in mainland China, as the Chinese Internet giant expands beyond its e-commerce core.

Alibaba, whose flagship site Taobao holds more than 90 percent of China's online consumer-to-consumer market, is preparing for a multi-billion-dollar stock offer on the NYSE that could rival Facebook's flotation.

The Chinese company will offer Lionsgate content, which includes the television series "Mad Men" and the movie franchise "The Hunger Games", through its set-top boxes with an expected launch next month, the companies said in a statement.

Advertisement

It did not specify what content would be available. China censors material authorities deem politically sensitive or obscene.

The service is subscription-only and higher-level VIP membership will include screening invitations and merchandise offers, the statement said.

Movies and TV programmes are widely pirated in China through DVD copies and illegal downloads.

Alibaba last year started selling television set-top boxes under the name Wasu Rainbow, offering domestic and foreign television shows on demand and allowing users to shop on its group buying platform.

Advertisement

"This cooperation signals our ongoing commitment to advance our vision of making digital media entertainment available to our customers anywhere, anytime," Patrick Liu, president of Alibaba Group's digital entertainment business unit, said in the statement on the Lionsgate deal.

Alibaba and a private equity fund backed by its founder Jack Ma said in late April they will pay $1.22 billion for a stake in China's leading online video platform Youku Tudou.

Advertisement

In March, Alibaba also bought a majority stake in Hong Kong-listed ChinaVision Media Group, which is engaged in media-related businesses and movie production.

Lionsgate, which is listed on the New York Stock Exchange, currently has more than 30 television shows on more than 20 networks, as well as business interests in motion picture production and distribution.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Best Phones With Telephoto Cameras Under Rs. 40,000
  2. OnePlus 16 vs iQOO 16: Price and Specifications Compared
  3. Samsung Galaxy S26 FE Review: Near-Flagship Specs, But at What Cost?
  4. Samsung Galaxy F70 5G With a 5,000mAh Battery Goes on Sale in India
  5. Want Big-Screen Experience At Home This Diwali? BenQ CEO Reveal The ideal Projector Budget
  6. Oppo F35 Pro 5G Review: An 8,000mAh Battery and a Lot to Like
  1. Samsung Galaxy F70 5G With 5,000mAh Battery, 50-Megapixel Camera Goes on Sale in India: Price, Offers
  2. Apple ‘Pro and Tell’ Event Set for Next Week; First MacBook With Touchscreen, New iPad Mini and More Expected to Launch
  3. Cysic Shuts Down Bridge After Attacker Illegally Creates 10 Million CYS Tokens
  4. JPM Coin Arrives on Ethereum as JPMorgan Expands Institutional Payments
  5. Vivo V80 FE Reportedly Spotted on BIS Certification Website, India Launch Seems Imminent
  6. Airtel’s New Recharges in India Announced: Rs. 185, Rs. 203 and Rs. 206 Voice-Only Plans Details
  7. Vivo X500 Ultra Leak Reveals Launch Timeline, Chipset, Display and Key Specifications
  8. iQOO Neo 12 Launch Date Announced; Design, Colour Options Teased
  9. Qubic Halts Chain as Attacker Exploits Weak Seeds to Drain 1,400 Wallets
  10. iPhone Duo Battery Capacity Revealed Days Before Foldable Goes on Sale
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.