Overview
- Rohit Jain will exit Lionsgate to take full ownership and management of the streaming service he built over eight years.
- Lionsgate will keep its regional film distribution and television production businesses in India and Southeast Asia.
- A multiyear deal licenses the Lionsgate Play name and grants ongoing access to the studio’s film and TV catalog.
- The service targets about 100 premieres in 2026 with an expanded regional-language slate and continues B2B2C distribution through telcos and aggregators across key Asian markets.
- Financial terms were not disclosed, and the sale comes as outside investors have accumulated stakes in Lionsgate that have intensified discussions about the company’s assets.