With a quarter of its $1.5 billion production slate being funded by China’s Hunan TV, combined with access to China distribution, it’s curious that the two companies couldn’t find more to do together. Lionsgate seems more interested in improving its position in the U.S., in order to sell itself to a studio or cable giant, than it does in China. Add Chinese currency restrictions and the fact that Hunan’s boss is behind bars, and the situation further devolves. The pact started in 2015 and runs for three years.
OUTLOOK: Time’s up.