Los Angeles & Santa Monica, CA/Vancouver, BC – Lionsgate and Saban Capital Group (SCG), a leading private investment firm specializing in the media, entertainment and communications industries, announced an equal partnership to operate and manage Tiger Gate, operator of pay television channels and distributor of television programming and action and horror films across Asia. Financial terms of the transaction were not disclosed. Established by Lionsgate in partnership with William Pfeiffer and Paul Presburger in 2008, Tiger Gate currently operates the thriller/horror channel THRILL and the action channel KIX. The channels, which launched in Indonesia in August 2009, will launch in Hong Kong and Singapore on April 28. Going forward, the Lionsgate/SCG joint venture will focus on expanding and strengthening Tiger Gate’s presence in Asia, as the two channels continue to rollout to other major markets in Asia. In addition to Indonesia, Hong Kong and Singapore, Tiger Gate also plans to expand their offerings to Thailand, Vietnam, the Philippines, Malaysia and Brunei in the coming year. Plans for China, India, Taiwan, Korea, Japan and the Middle East are also being discussed for the near future. The partners intend to leverage Tiger Gate as a platform to expand throughout Asia by launching additional channels and acquiring existing media assets in the region. The venture will continue to be run by Tiger Gate chief executive officer William Pfeiffer and Lionsgate international executive Paul Presburger.
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