Ron Schwartz, president and chief operating officer of Lionsgate’s motion picture group, will step down from the studio at the end of March, concluding a 27-year tenure at the company, Lionsgate announced on Thursday.
Lionsgate has invested an estimated $100 million in its streaming business in the region over the years, sources familiar with the business said. The platform has around 5 million paid subscribers ... .
Lionsgate has sold Lionsgate Play, its streaming platform in South Asia and Southeast Asia, to Rohit Jain, who as president of Lionsgate Play Asia grew the platform across the Asia region over the past eight years.
Lionsgate has sold its Lionsgate Play streaming service to Rohit Jain, who has been scaling the platform across Asia for the past eight years in his capacity as president of Lionsgate Play Asia.
Five Lionsgate blockbuster sci-fi adventure movies with a combined worldwide gross of over $3.3 billion at the box office have just been added to Peacock‘s library.