Lionsgate Launching Movie Streaming Service20 Oct, 2014 By: Erik Gruenwedel
Partnering with Tribeca Film Festival, the streaming service will eschew traditional episodic programing in favor of independent movies.
Lionsgate Oct. 20 announced it is bowing a subscription streaming service with Tribeca Enterprises, operator of the Tribeca Film Festival.
Dubbed “Tribeca Short List,” the service will feature select movies from Lionsgate as well as Tribeca’s renowned festival of independent films.
Pricing plans and content selections for the New York-based SVOD service slated to launch in the first half of 2015 were not disclosed. The films will be curated by Tribeca and “leading voices” in contemporary culture and updated on a weekly basis. “Short List” will be overseen by a GM and board of directors comprised of Lionsgate and Tribeca executives.
"The launch of the Tribeca Short List service unites two powerful brands and underscores our commitment to collaborate with blue-chip partners around the world to deliver premium content to online audiences," Lionsgate CEO Jon Feltheimer said in a statement. "The Tribeca name resonates with movie aficionados everywhere, and our service will encompass a highly curated, diverse and prestigious portfolio of quality films."
The move to SVOD underscores a fevered trend among media companies eager to mine a burgeoning subscription streaming business model championed by pioneers Netflix, Amazon Prime Instant Video and Hulu Plus, among others.
Notable to “Tribeca Short List,” is that the SVOD service will focus on movies and independent features, while avoiding episodic programming — the latter a mainstay at Netflix, Amazon Prime and Hulu.
“[The SVOD service] disrupts the 'more-is-more' model in today's streaming on-demand landscape," Jane Rosenthal, CEO of Tribeca Enterprises, said in a statement. "Tribeca Short List aims to be a service where you can see films you never got to watch, forgot to watch, and want to watch."