Lionsgate Partners with Hemisphere In The First Spanish-Language Premium Movie Streaming Service
Lionsgate, the premier next generation global content leader, and Hemisphere Media Group, Inc., a leading U.S. and Latin American owner and operator of Spanish-language pay television and broadcast networks, announced today that Hemisphere is joining Lionsgate in the first-ever Spanish-language movie service for the growing, digital-savvy Hispanic audience in the U.S. The service plans to launch next year.
Hemisphere, which operates five leading U.S. Hispanic channels, two Latin American pay television networks and the leading broadcast network in Puerto Rico (WAPA), will take a minority equity stake in the venture and leverage its library of hundreds of popular Spanish-language titles. Hemisphere’s channels rank among the most popular Spanish-language cable television networks in the U.S.
The Hemisphere movie library encompasses one of the largest selections of contemporary Spanish-language blockbusters and critically-acclaimed titles from Mexico, Latin America, Spain and the Caribbean. Its content, coupled with Spanish-language hits from Pantelion Films, Lionsgate’s joint venture with Televisa, and Hollywoodfilms from Lionsgate’s 16,000-title library and other catalogs dubbed into Spanish, will give the service an unmatchable portfolio of world-class product.
Pantelion Films, the first major Hollywood Latino studio, has rights to more than 70% of the top-grossing films from Mexico over the past five years, including such blockbusters as Instructions Not Included, the highest-grossing Spanish-language film ever released in the U.S., the animated hit Un Gallo Con Muchos Huevos, and the comedy No Manches Frida, a breakout hit in the U.S. and Mexico. The venture’s streaming platform will be the exclusive first pay television window for Pantelion movies.
Courtesy of Lionsgate.
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