Deal includes 'Tree of Life,' 'Princess Bride, 'Dirty Dancing'
Lionsgate has signed a multiyear licensing with China’s Jiaflix for streaming “classic” Lionsgate and Summit films such as “Twilight Saga: Eclipse,” “Tree of Life,” “The Princess Bride” and “Dirty Dancing.”
The agreement also covers selected new releases for transactional and subscription video on demand on M1905.com, China’s official streaming Website.
The deal was announced by Lionsgate’s Jim Packer, president of worldwide television and digital distribution, and Jiaflix principals Sid Ganis, Marc Ganis and Kenneth Huang.
“We’re pleased to be in business with our friend Sid Ganis and the entire team at Jiaflix,” said Packer. “This agreement reflects our continuing commitment to monetizing our library and licensing our motion picture and television content to the large and growing Chinese marketplace.”
