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Alibaba, Lionsgate To Offer China Streaming Service

Alibaba and global entertainment company Lionsgate (LGF) said Tuesday that they have teamed up to launch Lionsgate Entertainment World, a subscription streaming service for mainland China that will be available through Alibaba’s set-top boxes. The service, which launches in August, will offer Chinese users of Alibaba’s platform access to hit Hollywood movies such as the “Divergent” franchise and the “Twilight” saga. TV series such as “The Royals,”