Baidu's iQIYI video unit to stream Lions Gate films

Fri Oct 9, 2015 2:25pm EDT
 
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(Reuters) - Film and TV studio owner Lions Gate Entertainment Corp said on Friday that Chinese video streaming company iQIYI, a unit of internet search company Baidu Inc, would stream some of its films.

Lions Gate did not disclose the financial terms of the licensing deal, which covers video-on-demand rights for films including the "Hunger Games" and "Divergent" series.

IQIYI, which has over 500 million users, will also stream some third-party films distributed by Lions Gate.

(Reporting by Sai Sachin R in Bengaluru; Editing by Kirti Pandey)