Online streaming player Lionsgate expects a 50 per cent growth rate in its subscriber base in India. In an interview with businessline, Amit Dhanuka, EVP, Lionsgate said, “For this year, a 50 per cent growth rate will be a good one.” For the past two years, Lionsgate’s Indian streaming platform has been growing by 100 per cent year on year. We also syndicated movies, and we found takers for that as well.”Dhanuka added that on user request Lionsgate Play has also dubbed its content library to six seven languages, including Tamil, Telegu and Kannada. In this context, Dhanuka said that Lionsgate Play has no immediate plan to shift to that model. However, given the unique characteristics of the Indian market, we may explore alternative models in the future.

Source: The Hindu February 19, 2024 13:31 UTC