Magazine article Screen International

Lionsgate Teams with Celestial, Saban Capital for Asian Distribution

Magazine article Screen International

Lionsgate Teams with Celestial, Saban Capital for Asian Distribution

Article excerpt

Lionsgate is partnering with Celestial Pictures and Saban Capital to launch an independent Asian media company focused on branded pay TV channels, content creation, and distribution across Asia.

The new company, Celestial Tiger Entertainment (CTE), will bring together a bouquet of pay channels offerings by combining Celestial Pictures' Celestial Movies, Celestial Classic Movies and Celestial Movies on Demand with Tiger Gate Entertainment's action channel KIX, horror and thriller channel Thrill and KIX HD.

Celestial Pictures will continue to own and distribute the Shaw Brothers Film Library and CTE will license content from Celestial Pictures for its channels. CTE will also be the exclusive sales agent for all of Lionsgate's content in Southeast Asia and China.

Tiger Gate is founded by William Pfeiffer and Paul Presburger and is owned jointly by Lionsgate and Saban Capital Group in April 2010. …

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