Lionsgate, Saban And Celestial Pictures Forge Asian Pay TV Partnership

HONG KONG (December 22, 2011) – Celestial Pictures Limited, Saban Capital Group and Lionsgate (NYSE: LGF) announced today the creation of Celestial Tiger Entertainment (CTE), an independent Asian media company focused on branded pay TV channels, content creation and distribution across Asia.

Celestial Pictures is a wholly owned unit of Astro which owns and operates, among other businesses, the preeminent DTH platform in Malaysia, owns the legendary Shaw Brothers Film Library and distributes movie channels globally; Saban Capital Group is a leading private investment firm specializing in the media, entertainment and communications industries; and Lionsgate is the world’s largest independent filmed entertainment studio.

CTE’s Board of Directors will include representatives from Saban Capital Group, Celestial Pictures and Lionsgate. (more…)

This article was printed from https://deadline.com/2011/12/lionsgate-saban-and-celestial-pictures-forge-asian-pay-tv-partnership-207567/