Saban and Lionsgate in Asian pay-TV business with Celestial
23-12-2011 – Saban Capital Group and Lionsgate are joining with Celestial Pictures to launch Asian pay-TV operation Celestial Tiger Entertainment (CTE).
Based in Hong Kong, it will operate as an independent Asian media company, expanding into production and multi-platform distribution in the coming months.
CTE will encompass Celestial Movies, KIX and Thrill as well as Celestial Movies, Celestial Classic Movies and Celestial Movies On Demand. It aims to launch new channels in the future and will also license content from Celestial Pictures. Plus, CTE will also be the exclusive sales agent for all of Lionsgate’s content in Southeast Asia and China.
Read more at Rapid TV News http://www.rapidtvnews.com/index.php/2011122318285/saban-and-lionsgate-in-asian-pay-tv-business-with-lionsgate.html#ixzz1hoUYcq7U