Lions Gate Entertainment Corp. (NYSE: LGF) Builds Global Entertainment Community with Local-Language Remakes, Movie-Themed Parks

August 7, 2019 11:12:43
  • Lionsgate’s Globalgate consortium plays a significant role in the media powerhouse’s efforts at world connectivity through a film-financing structure that harnesses “the upside of international film production”
  • Globalgate’s partnership with France’s TF1 Studios marks its 13th partnership aimed at taking advantage of the worldwide boom in local-language features by remaking local hits for non-U.S. markets
  • Lionsgate recently launched its first movie-themed amusement park on an island conveniently situated near Macau’s gaming empires and Hong Kong’s international business communities
  • The company plans to open a movie-themed park on South Korea’s Jeju Island next year
  • China’s amusement park industry is projected to bring in $12 billion in annual revenues by next year

World entertainment content powerhouse Lions Gate Entertainment Corp. (NYSE: LGF.A) (NYSE: LGF.B) continues to build a global, vertically oriented profile offering ways for people to connect with each other and have fun through a variety of innovative platforms. One way that the company is demonstrating its potential for bridging global divides through its revenue-generating activities was manifest in a recent partnership with TF1 Studios, the theatrical division of French commercial television company TF1 Group (http://nnw.fm/YH7qc).

TF1 Studios will provide local French theatrical content for remakes that are primarily marketed to other non-U.S. markets outside France. TF1’s partnership with Lionsgate’s Globalgate content platform grants the…

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