streaming platform Starzplaya little over a month ago it changed its name to: lion gate+ to advertise closure in Spain and other international markets.
Popular platform star or Starzplay, which changed its name on September 29 to lion gate+. It can be contracted in Spain independently (still possible) or through streaming platforms from operators, Prime Video and others.
lion’s gate He is an important TV series and film producer who owns the rights to titles such as The Twilight Saga, The Hunger Games and Divergent. Among the most well-known series Alf, Mad Men, Orange is the new black, La Reina Serpiente, Gaslitand more.
Lionsgate acquired Starz in 2016 approximately $4,400 million with the intention of owning its own platform to stream its exclusive series and movies via subscriptions. But for now, things are not going as expected.
Lionsgate+ poor quarterly results
According to The Hollywood Reporter, Lionsgate+ already has 37.8 million subscribers, It generated revenue of $875 million, one million more than the previous quarter. These are good numbers… but not enough to make up for it. 1.750 million expense.
lion gate+ announced its withdrawal from the market France, Germany, Italy, Spain, Netherlands, Nordic countries and Japan. It will remain only in the United States, Latin America, Canada and the United Kingdom.
Moreover intent separate Lionsgate and Starz, They will operate as independent entities. It will also expand to other markets such as video games. already planning a AAA John Wick gameEpisode 4 will air next March.
What does this mean for users? At the content access level, not so much. Lionsgate’s exclusive series and movies will be distributed on other platforms as well as before Starz’s acquisition.
this lionsgate+ closure inside Spain It reflects how complex the TV streaming market is. Companies with growing users but subscriptions not paying enough to survive. That’s exactly why Netflix released its cheap plan with ads yesterday. lion gate+ In Spain it can still be contracted and has a free trial period. Take advantage before it closes…
Source: Computer Hoy
