Lionsgate has transferred the ownership of the Lionsgate Play streaming platform in India and Southeast Asia to its founder, Rohit Jain.
Rohit Jain has overseen Lionsgate Play Asia for the past eight years. Under the agreement, Lionsgate’s other film and TV operations in the region will remain with the company.
The platform will continue operating under the leadership of its founder and with regional expertise. Through a multi-year licensing agreement, Lionsgate will retain the right to use the platform’s brand name and access its content catalogue.
Commenting on the deal, Lionsgate COO Brian Goldsmith said: “We thank Rohit for his outstanding leadership in building and scaling Lionsgate’s business in India over the past eight years. Under his stewardship, the Lionsgate brand has gained greater resonance with audiences in South Asia and Southeast Asia, and Lionsgate Play has emerged as a distinctive premium streaming platform in one of the world’s fastest-growing digital entertainment markets. Rohit is an entrepreneur with a deep understanding of the Asia landscape, and he has the expertise and experience to lead Lionsgate Play into an exciting new phase of growth.”
Jain added: “I’m deeply grateful to Jon Feltheimer and Brian Goldsmith for the trust and freedom to build Lionsgate’s India business and transform Lionsgate Play into a premium streaming platform across Asia. Lionsgate Play has established itself as a leading destination for Hollywood content in India and is now positioned to expand well beyond that; shaping a differentiated, future-ready streaming platform for the region.”
