In addition to providing Alibaba’s consumers with a broad and deep Lionsgate portfolio of curated hit film and TV content at launch, the new service will enable Alibaba subscribers to enjoy exclusive behind-the-scenes footage, features and other premium content not available anywhere else in China along with access to VIP membership benefits such as screening invitations and special merchandise. The collaboration gives Lionsgate increased access to the vast mainland Chinese market, one of the largest and fastest-growing territories in the world for film and TV content. David U. Lee, founder and president of Leeding Media and a leading architect of U.S./Chinese media collaborations, helped orchestrate the agreement.“The Lionsgate Entertainment World service will be distinguished not only by the breadth and depth of our content portfolio but our commitment to provide Chinese consumers with first run films, television shows and behind-the-scenes experiences that aren’t available anywhere else in China,” said Lionsgate President of Worldwide Television & Digital Distribution Jim Packer and Lionsgate Co-Chief Operating Officer Brian Goldsmith. “The combination of Alibaba’s tremendous knowledge of the Chinese market and Lionsgate’s content leadership provide LGEW with unique competitive advantages, and we look forward to continuing our close collaboration with the Alibaba team and our friend David U. Lee.” The Lionsgate Entertainment World service will stream in high quality resolution (up to full HD) and will offer content recommendations to Chinese viewers based on extensive curation and state-of-the-art technology. The service is expected to launch in August, 2014. ABOUT LIONSGATE Lionsgate is a leading global entertainment company with a strong and diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms and international distribution and sales. Lionsgate currently has over 30 television shows on more than 20 networks spanning its primetime production, distribution and syndication businesses, including such critically-acclaimed hits as the multiple Emmy Award-winning Mad Men and Nurse Jackie, the comedy Anger Management, the network series Nashville, the syndication success The Wendy Williams Show and the critically-acclaimed hit series Orange is the New Black. Its feature film business has been fueled by such recent successes as the blockbuster first two installments of The Hunger Games franchise, The Hunger Games and The Hunger Games: Catching Fire, the first installment of the Divergent franchise, Now You See Me, Kevin Hart: Let Me Explain, Warm Bodies, The Expendables 2, The Possession, Sinister, Roadside Attractions' Mud and Pantelion Films' breakout hit Instructions Not Included, the highest-grossing Spanish-language film ever released in the U.S. Lionsgate's home entertainment business is an industry leader in box office-to-DVD and box office-to-VOD revenue conversion rate. Lionsgate handles a prestigious and prolific library of approximately 15,000 motion picture and television titles that is an important source of recurring revenue and serves as the foundation for the growth of the Company's core businesses. The Lionsgate and Summit brands remain synonymous with original, daring, quality entertainment in markets around the world.
- Taobao Marketplace ( www.taobao.com), China's largest online shopping destination
- Tmall.com ( www.tmall.com), China’s largest online third-party platform for brands and retailers
- Juhuasuan ( www.juhuasuan.com), China’s most popular online group buying marketplace
- AliExpress ( www.aliexpress.com), a global online marketplace for consumers to buy directly from China
- Alibaba.com ( www.alibaba.com), China’s largest global online wholesale platform for small businesses
- 1688.com ( www.1688.com), a leading online wholesale marketplace in China
- Alibaba Cloud Computing ( www.aliyun.com), a leading provider of cloud computing services to businesses and entrepreneurs