Amazon Prime Video Announces Exclusive Deal with Global Content Leader Lionsgate
~ Prime Video will be the exclusive subscription streaming home in India for La La Land, winner of six Academy Awards, along with event films including Deepwater Horizon and The Divergent Series: Allegiant ~
~ Power Rangers and The Shack Lead Deep Roster of upcoming releases available exclusively on Amazon Prime Video in India, not available on Satellite or Pay Television ~
~ Popular movie franchises like The Twilight Series, and Step Up 5, Hit Television Series Nashville, The Royals, and Graves will have their exclusive subscription streaming home on Amazon Prime Video ~
~ Amazon Prime offers unlimited free fast delivery on India's largest selection of products, early access to top deals and unlimited streaming of latest and exclusive movies, TV shows and Amazon Originals ~
MUMBAI, India, March 3, 2017 /PRNewswire/ -- (NASDAQ:AMZN) - Amazon and Lionsgate (NYSE:LGF.A, LGF.B) today announced a long-term exclusive deal that will make Prime Video India the subscription streaming home for hundreds of Lionsgate's top acclaimed films, television episodes and upcoming new releases. Blockbuster movies like La La Land, which has grossed over $370 million at the worldwide box office and won six Academy Awards, event films including Deepwater Horizon and The Divergent Series: Allegiant and upcoming 2017 releases Power Rangers, The Shack and others will also be exclusively available only to Prime members, and will not be available on Satellite or Pay Television. Rohit Tiwari at Morris Street Advisors, which represents Lionsgate in India, negotiated and closed the ground-breaking deal.
"It is awesome that Lionsgate has partnered with Amazon Prime Video to bring its original, daring and highly acclaimed content to Indian customers," said Nitesh Kripalani, Director and Country Head, Amazon Prime Video India. "We know our Prime members are going to absolutely love the selection of award-winning films, indelible characters and unforgettable stories from edge-of-the-seat thrillers to spectacular action to heartfelt drama - in true Lionsgate style. Their prestigious and prolific library of motion picture and television titles is sure to produce sizable viewership for us."
"Our collaboration with Amazon Prime Video India is the latest example of our commitment to bring world-class, award-winning movies and television series to the Indian market and its viewers," said Lionsgate President of Worldwide Television & Digital Distribution Jim Packer. "We're very pleased to partner with Amazon as they continue to transform the face of entertainment in India and bring our premium film and television content to their viewers."
Hit movie franchises like The Twilight Saga, which grossed over $3 billion worldwide, the Saw series, the highest-grossing long-running horror franchise in history, Red and Step Up 5 from the global blockbuster Step up franchise along with worldwide hit TV series such as Nashville, The Royals and Graves amongst others will have their exclusive subscription streaming home on Amazon Prime Video. In addition, beloved series such as the iconic Mad Men and Anger Management are included in the deal.
Amazon Prime Video has the largest selection of latest and exclusive movies and TV shows, ad-free across Indian and Hollywood movies, US TV shows, top/popular Indian and international kids' shows, award winning Amazon Original shows along with content from top Bollywood, regional, Indian and international studios - all available in one location/service.
To watch these and other new release Hollywood and Bollywood movies, US TV shows, kids' programming and Amazon Originals, please visit www.PrimeVideo.com or download the Amazon Prime Video app today and sign-up for a 30-day free trial of Prime membership.
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Lionsgate (NYSE: LGF.A, LGF.B) is a vertically integrated next generation global content leader with a diversified presence in motion picture production and distribution, television programming and syndication, premium pay television networks, home entertainment, global distribution and sales, interactive ventures and games and location-based entertainment.
With the acquisition of Starz, Lionsgate adds to its portfolio of businesses the flagship STARZ premium pay network serving 24.3 million subscribers and the STARZ ENCORE platform with 31 million subscribers. The combined company will operate five over-the-top (OTT) streaming services and the STARZ app delivering content directly to consumers.
The Company's feature film business spans eight labels and includes the blockbuster The Hunger Games franchise, the Now You See Me series, the box office blockbuster La La Land, which won six Academy Awards®, the hit franchise sequel John Wick: Chapter Two, double Oscar winner Hacksaw Ridge, Tyler Perry's Boo! A Madea Halloween, CBS Films/Lionsgate's Hell or High Water, Roadside Attractions' critically-acclaimed Manchester by the Sea, Codeblack Films' breakout concert film Kevin Hart: Let Me Explain and Pantelion Films' Instructions Not Included, the highest-grossing Spanish-language film ever released in the U.S.
One of the largest independent television businesses in the world, Lionsgate's slate of premium quality series encompasses nearly 90 shows on more than 40 different networks. These include the ground-breaking Orange is the New Black, the fan favorite Nashville, the syndication success The Wendy Williams Show, the hit drama The Royals, the acclaimed Casual, the breakout success Greenleaf and hit STARZ series including Outlander, Black Sails, Survivor's Remorse and Power, the second highest-rated premium pay television series of 2016.
Lionsgate's home entertainment business is an industry leader in box office-to-DVD and box office-to-VOD revenue conversion rates. Lionsgate handles a prestigious and prolific library of more than 16,000 motion picture and television titles that is an important source of recurring revenue and serves as a foundation for the growth of the Company's core businesses. The Lionsgate, Summit Entertainment and Starz brands are synonymous with original, daring, quality entertainment in markets around the world. www.lionsgate.com
ABOUT Morris Street Advisors
MORRIS STREET ADVISORS (MSA) is a boutique firm based in Delhi, Mumbai, and New York and is the exclusive non-theatrical distribution partner of Lionsgate in India and the region. MSA also manages a $100 Million private equity fund for Sycamore Ventures and is about to launch a sizable fund with Highstreet Advisers (a partnership with Dentons Wirthlin, the in-house consulting arm of Dentons, the world's largest law firm) and Japanese investors.
MSA also has a robust global private equity fund raising and investment banking practice. It also has a Joint Venture with Metallica Commodities Inc. to trade bespoke commodities and electronic waste.