Steven Paul's SP Media Joint Venture With Lionsgate To Launch New Businesses
· Entertainment · Deadline, Variety
Steven Paul's SP Media has formed a joint venture with Lionsgate to expand into new business areas beyond film, closing their existing film production pact. The partnership aims to leverage Lionsgate's content library and SP Media's distribution reach to create original streaming and theatrical content for Indian and global markets. Specific financial terms, equity splits, or launch timelines for the venture were not disclosed in the report. The move signals SP Media's strategic pivot from traditional film production toward diversified media and entertainment ventures.
Why it matters
The joint venture opens new content distribution opportunities for Indian audiences through Lionsgate's international catalog, while giving SP Media access to established intellectual property for local adaptations. It reflects a broader industry trend of Indian content creators partnering with global studios to scale regional productions internationally.
Read the original report — Deadline
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.